German online fashion retailer Zalando on Tuesday reported a more than doubling of sales on its site from brands seeking to expand their e-commerce presence, helping total second-quarter revenue jump 27%.
Wolford was upbeat on Thursday despite reporting a “significant annual loss” for the latest year. It may have seen a downturn in revenues, but it's also seeing the first positive results of its transformation programme.
Schiaparelli kicked off first the ever fully digital Paris haute couture season on Monday with a film which concentrated on its couturier, Daniel Roseberry, since he was marooned in New York throughout the lockdown.
UK retail giants Next and Marks & Spencer are both interested in taking on the British operations of Victoria's Secret, the international lingerie brand owned by L Brands, according to a report on Friday.
H&M saw a bigger H1 loss than expected as the coronavirus crisis crushed profitability. And while sales are recovering, they’re still down during June and markdowns will be ongoing in Q3, even though e-sales remain high.
Boohoo announced its new management incentive plan on Friday and the extent of the potential rewards for the top team underline just how confident the company is in its ability to expand and to grow its overall value.