The latest news
Sportswear rules! Surge continues as data shows what's driving media impact
The latest data report from Launchmetrics shines the spotlight on sportswear and the headlines story is — perhaps unsurprisingly — that athleisure and sneakers continue to be key drivers while luxury is also important.
Simone Bellotti is new Bally Design Director after Villaseñor's exit
Swiss luxury brand Bally on Wednesday named Simone Bellotti as its Design Director leading its design studio. It’s an internal promotion with Bellotti having joined the firm back in October after 16 years at Gucci.
Converse names Jared Carver new CEO
Nike Inc. has appointed Jared Carver to the role of president and CEO of its Converse brand, effective June 1, succeeding Scott Uzzell, who is now the vice president and general manager of North America at Nike.
Calvin Klein opens first lifestyle store in New Zealand
Calvin Klein has opened its first 'Calvin Klein Lifestyle' concept store in Queenstown, New Zealand, marking the first lifestyle store to open in the country.
Mango opens in Westfield, will boost UK presence with 13 new stores in 2023
Mango opened a new UK store late last week — in London's Westfield Stratford City — and its debut in one of the largest shopping centres in the UK came as it also revealed that it will see many more openings in 2023.
ASOS reveals new £75 million financing success, Bestseller owner participates
ASOS has announced it has raised £75 million in cash from shareholders as the struggling online retail giant seeks to strengthen its finances.
Deckers Brands clocks 'exceptional' sales year, Hoka brand continues to burn bright
Deckers Brands announced on Thursday net sales surged 15.1% to $3.627 billion for the fiscal-year 2023, on the back of double-digit gains across all channels and regions, and a 58% sales hike at Hoka.
Daniel Wellington unveils handbag line amid major strategic shift
Amid the splendor of the Ritz in Paris, Daniel Wellington unveiled its debut handbag line, the latest new development amid a major strategic shift for the Swedish watchmaker.
Adidas Originals and Craig Green unveil new Squash style
Remember the Adidas 1988 Squash performance shoe? If not, the German sportswear giant’s Originals brand has teamed up with designer Craig Green to debut the updated CG Squash Polta AKH.
Happy Armani buoyant in 2022, says China bounces back in Q1 2023
Armani Group’s 2022 results have shown ongoing progress at one of the world’s best-known luxury names as net revenues jumped 16.5% to €2.35 billion and profit rose even faster.
Uniqlo denies Russia exit plan, says no change to current suspension
Recent press reports that Japanese retail giant Fast Retailing is pulling its Uniqlo chain out of Russia entirely and selling up may have been wide of the mark.
Nike makes key changes to leadership team to drive growth
Nike has unveiled big leadership changes to help it “streamline our focus across product, brand storytelling and marketplace, while building long-term growth and profitability”.
M&S sales continue to rise as fashion stays strong
M&S’s annual results offered more evidence of the strength of its turnaround with the retail giant reporting higher sales and headline profits, although operating profits were hit by tough comparisons and higher costs.
Adidas and Prada launch football shoe collection
For this specially designed collection the two brands have re-imagined Adidas' iconic footwear, combining Prada's signature codes with Adidas' high-performance football technologies.
Clarks is bouncing back post-pandemic, is confident for future
Footwear giant Clarks has released its latest set of accounts and the headline story is one of recovery and progress globally for the firm that had seen quite a few tough years.
Brazil's Moreira Salles family launch bid for Alpargatas shares
An investment firm backed by Brazil's Moreira Salles family has decided to launch a tender offer to buy an additional stake in Alpargatas SA, the shoemaker said on Monday, driving its shares higher.