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Polish clothing retailer LPP launches logistics business

Polish clothing retailer LPP launches logistics business

Polish apparel company LPP has launched a new business to manage the retailer's logistics network, starting in August, the company said on Tuesday.
Fashion
Pittards acquires luxury bag label Hill & Friends, Emma Hill to be consultant

Pittards acquires luxury bag label Hill & Friends, Emma Hill to be consultant

​Leather materials and leathergoods specialist Pittards has acquired the brand and assets of Hill & Friends Limited, the contemporary luxury bag brand founded by Emma Hill and Georgia Fendley.
Fashion
JD Sports confirms Al-Futtaim's Schultz as CEO

JD Sports confirms Al-Futtaim's Schultz as CEO

​JD Sports Fashion on Tuesday confirmed that Régis Schultz has been appointed as its new CEO “following an extensive executive global search process” and after speculation last week that he would be named to the post.
Fashion
SMCP hits first-half sales record as Europe and America prove buoyant

SMCP hits first-half sales record as Europe and America prove buoyant

​SMCP unveiled an all-time H1 sales record with its results on the first day of August, driven by “strong momentum in Europe and Americas”, something other premium and luxury firms have also talked of.
Fashion
JD Sports ends long-running Footasylum saga, sells to Germany's Aurelius

JD Sports ends long-running Footasylum saga, sells to Germany's Aurelius

​JD Sports Fashion confirmed on Monday that it has exchanged contracts to sell Footasylum Limited and its associated subsidiaries to private equity firm Aurelius Group for £37.5 million.
Fashion
Showroomprivé sales drop significantly in the first half of the year, but posts slight profit

Showroomprivé sales drop significantly in the first half of the year, but posts slight profit

Sales of the e-commerce clearance site Showroomprivé fell by more than 21% in the first half of 2022 to €305.4 million.
Fashion
How the other half lives: luxury companies thrive

How the other half lives: luxury companies thrive

While millions are fretting whether they can afford another $1,000 on energy this year, others are still splashing out on $10,000 Hermes handbags as soaring prices leave wealthier people relatively unscathed.
Fashion
Primark freezes prices of kidswear essentials

Primark freezes prices of kidswear essentials

​Kidswear pricing is a key selling point for big-name retailers at the moment. And Primark has said it will freeze prices of hundreds of kidswear essentials this season.
Fashion
CMA investigates ASOS, Boohoo, Asda over green fashion claims

CMA investigates ASOS, Boohoo, Asda over green fashion claims

The UK's Competition and Markets Authority (CMA) is targeting fashion labels that might be indulging in 'greenwashing' and the first ones to be targeted are ASOS, Boohoo and George at Asda.
Fashion
Missguided suppliers over to get back very little of £30m owed

Missguided suppliers over to get back very little of £30m owed

​Companies that supplied goods to Missguided before its administration filing and purchase by Frasers Group will get back less than 2% of the £30 million owed to them.
Fashion
VF Corp Q1 sales hit by APAC store closures, Vans dip

VF Corp Q1 sales hit by APAC store closures, Vans dip

VF Corporation announced on Thursday revenues for the first quarter increased by 3%, on the back of double-digit growth its The North Face brand, offsetting a dip in its Vans business and plunging APAC sales. 
Fashion
Jack Ma may have plans to give up control of Ant Group

Jack Ma may have plans to give up control of Ant Group

Chinese billionaire Jack Ma plans to give up control of financial technology company Ant Group Co in an effort to move away from affiliate Alibaba Group Holding Ltd, the Wall Street Journal reported on Thursday.
Fashion
Superdry to open at Icon Outlet at The O2

Superdry to open at Icon Outlet at The O2

​The strength of the outlets sector continues to be underlined by a raft of big-name signings and the latest is Superdry, which is to take a store at the icon Outlet at The O2 mall in Greenwich, London.  
Fashion
Unbound multibrand curated platform debuts, own-brand clothing launch due in 2023

Unbound multibrand curated platform debuts, own-brand clothing launch due in 2023

Unbound Group (best known as the owner of the Hotter footwear brand) on Thursday confirmed the initial launch of its previously flagged curated multibrand platform, as scheduled.
Fashion
Frasers buys I Saw It First shortly after Missguided swoop

Frasers buys I Saw It First shortly after Missguided swoop

​So the rumours were true. Acquisition-hungry Frasers Group confirmed on Thursday that it has acquired online fashion retailer I Saw It First.
Fashion
Resale market: Vinted set to buy German site Rebelle

Resale market: Vinted set to buy German site Rebelle

On Monday July 25, the Lithuanian specialist in private fashion resale launched a public offering for the shares of its German competitor Rebelle, in which Vinted is already assured of a 64.70% stake.
Fashion