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JD Sports has ups and downs in latest year and Q4
JD Sports Fashion showed on Thursday how even the strongest companies can face tough times with an update for the 53 weeks to 3 February (FY24) showing tepid sales growth in some areas, and especially in Q4.
Fashion
Decathlon unveils official kit for Paris Olympics volunteers
The Paris 2024 organisers brought together 20,000 event volunteers on Saturday March 23 at La Défense Arena. The occasion for Decathlon to present the 15-item official kit the volunteers will wear at the Olympics.
Fashion
Vuitton develops bespoke trunks for Olympic medals and torches
Louis Vuitton has developed a series of bespoke trunks in which to carry and protect the medals and torches of this summer’s upcoming Paris 2024 Olympics and Paralympics.
Fashion
Ervér makes good start at H&M Group as Q1 looks stronger
H&M Group released its first set of results under the leadership of CEO Daniel Ervér on Wednesday and he seems to have got off to a good start because while Q1 saw net sales down, profit rose.
Fashion
ASOS reports plunging sales but expects improvement
ASOS’s results are closely watched at present and like most underperforming stock exchange-listed businesses, it’s because we’re waiting to see just how bad its latest sales actually were.
Fashion
Iconix's Zoo York targets Europe in deal with TB International and Snipes
Iconix’s European arm has inked a long-term license with German group TB International for the Iconix-owned skate brand Zoo York to be relaunched in Europe via a DTR partnership with local streetwear retailer Snipes
Fashion
Nike appoints Tim Hamilton to men's design role
Nike Inc. has appointed designer Tim Hamilton to the role of vice president of men’s apparel design, effective March 11.
Fashion
Gildan investor blasts board’s sale process as ‘unintelligent’
Some major shareholders of Gildan Activewear Inc. are criticizing the sale process the board is conducting, blasting the move as unwise and ill-timed amid a fight over control of the company.
Fashion
Lululemon has a shot at Nike’s spot. But it has to want it.
Lululemon has been breaking out of its niche of selling $100 athleisure leggings to offer selections that focus on performance. It could rival sportswear institutions such as Nike and Adidas.
Fashion
Shein decision on London share listing expected soon
Shein could be on the verge of listing its shares in London rather than New York with reports suggesting that a move could happen as early as next week.
Fashion
Meet the designer who’s making sportswear cool for the rest of us
A constellation of celebrities and pop stars sat in the front row in February as fashion brand Labrum showed off its latest collection inside London’s Tate Britain museum.
Fashion
Lululemon sinks after US consumer retreat spurs weak outlook
Lululemon Athletica Inc. said it has seen a shift in the shopping behavior of its high-end US consumer, which drove a lower-than-expected sales outlook for the first quarter and full year.
Fashion
Nike under fire in UK over design and price of England football jersey
A new Nike-designed and produced England football kit, that would “unite and inspire”, looks to have failed on both counts as controversy and opposition surrounds its release ahead of the Euro 2024 tournament in June.
Fashion
Lululemon warns of slowing North America sales as spending falters
Lululemon Athletica forecast annual revenue and profit below expectations on Thursday as demand wanes for the apparel retailer's premium athleisure mainly in the North American region, sending its shares down nearly 11%.
Fashion
Nike to become Germany supplier in 2027 after seven decades with Adidas
The German Football Association (DFB) announced that American sportswear giant Nike would become their official supplier from 2027 onwards, ending a decades-long partnership with German firm Adidas.
Fashion
Nike rises after sales beat on strength in US, China
Nike Inc. reported sales that were stronger than anticipated as the company ramps up a multiyear cost-cutting plan in the face of weaker demand for its sneakers and apparel.
Fashion