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Adidas warns of 2024 sales decline in overstocked North America market

Adidas warns of 2024 sales decline in overstocked North America market

German sportswear giant Adidas said on Wednesday it expects a decline in its sales in North America this year, blaming a still overstocked market there.
Fashion
New Zalando strategy targets B2C and B2B transformation, includes more lifestyle categories

New Zalando strategy targets B2C and B2B transformation, includes more lifestyle categories

​Zalando had big news Wednesday, saying it has evolved its strategy to cover a “larger share of [the] fashion and lifestyle e-commerce market” with a “pan-European ecosystem for customers and partners”.
Fashion
Allbirds sales plunge and losses widen in 2023, co-founder steps down as CEO

Allbirds sales plunge and losses widen in 2023, co-founder steps down as CEO

Allbirds announced on Wednesday fourth-quarter net revenue decreased 14.5% to $72 million, coinciding with the news that COO Joe Vernachio has been promoted to CEO, effective March 15. 
Fashion
Brooks Running appoints new CEO as Jim Weber departs after two decades

Brooks Running appoints new CEO as Jim Weber departs after two decades

U.S. running firm Brooks Running announced on Tuesday the departure of Jim Weber from the role of chief executive officer after 23 years in the position. 
Fashion
Will In The Style make a stock exchange comeback?

Will In The Style make a stock exchange comeback?

​The boom in fashion firms listing on the London Stock Exchange had seemed to be over, but a filing suggests listed companies still see value in fashion firms with In The Style possibly making a stock market return. 
Fashion
Otto Group unveils leadership succession plan

Otto Group unveils leadership succession plan

​Otto Group has announced a succession plan that will see Benjamin Otto succeeding his father Prof. Dr. Michael Otto as head of the group, but not until 2026, with other key changes happening from next year.
Fashion
Superdry in talks on new multimillion pound loan – report

Superdry in talks on new multimillion pound loan – report

​Superdry may be in negotiations about its founder taking it private, but the firm also has major funding needs on an ongoing basis and a report Monday said it's discussing an extra loan of around £10 million with Hilco.
Fashion
Saucony signs pro runner Vanessa Fraser

Saucony signs pro runner Vanessa Fraser

U.S. sportswear brand Saucony announced on Friday it has signed pro runner Vanessa Fraser to its roster of athletes.
Fashion
New Era Cap extends deal with England's McLaren Racing

New Era Cap extends deal with England's McLaren Racing

​International sports and lifestyle brand New Era Cap and England’s McLaren Racing have announced a new multi-year partnership extension to expand their decade-long relationship.
Fashion
New Era launches its first women's clothing range

New Era launches its first women's clothing range

The cap specialist aims to become a lifestyle brand. In full textile development since 2022, the label is launching its first women's ranges this month.
Fashion
Foot Locker shares plummet as planned investments weigh on profit outlook

Foot Locker shares plummet as planned investments weigh on profit outlook

Shares of Foot Locker slumped about 27% on Wednesday after the retailer projected 2024 profit below Wall Street expectations, hurt by a planned ramp-up in investments across its business to boost demand.
Fashion
Umbro launches centenary campaign and collection

Umbro launches centenary campaign and collection

British sports brand Umbro “lights the fuse” on its centenary celebrations with a fresh global campaign and a retro-inspired collection for SS24.
Fashion
Under Armour renews Anthony Joshua deal, launches AI commercial

Under Armour renews Anthony Joshua deal, launches AI commercial

On the eve of his championship fight (8 March) British boxer Anthony Joshua (AJ) has signed a new long-term renewal with Under Armour (UA) “ahead of [a] pivotal year”.
Fashion
Lacoste: Heritage and creativity at Roland Garros

Lacoste: Heritage and creativity at Roland Garros

Pelagia Kolotouros has staged her first runway show for Lacoste after being named creative director last year, presenting an uber-chic Fall/Winter 2024 collection that referenced the brand's heritage and René Lacoste.
Fashion
Avellano: Noah Cyrus steals the show as the blushing latex bride

Avellano: Noah Cyrus steals the show as the blushing latex bride

On the last day of Paris Fashion Week, young French brand Avellano put a modern twist on its signature PVC looks and featured singer/songwriter Noah Cyrus as both the opening model and final bridal look.
Fashion
Puma's Google Cloud deal will feature raft of AI benefits

Puma's Google Cloud deal will feature raft of AI benefits

​Puma has revealed a new deal that will see it deploying Google Cloud's data, analytics and AI solutions “to make its online retail experience more efficient, agile, and more personalised for customers worldwide”. 
Fashion