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Asda sales fall, clothing plummets as lockdown boost ends

Asda sales fall, clothing plummets as lockdown boost ends

​Asda’s sales went into reverse in Q1 as the privately held supermarkets giant that owns the George clothing label suffered against tough comparisons with the year ago period and also from inflation hitting hard.
Fashion
TM Lewin e-commerce site is relaunched, flagship stores to follow

TM Lewin e-commerce site is relaunched, flagship stores to follow

​Just six weeks after being bought in a rescue deal, shirtmaker TM Lewin has relaunched e-commerce. Currently carrying the reborn label’s initial SS22 range, additional lines are “to be added in the coming weeks”.
Fashion
U.S. retailer earnings show chasm among shoppers as inflation surges

U.S. retailer earnings show chasm among shoppers as inflation surges

Earnings from retailers this week illustrated a split in shopping patterns of more- and less-affluent Americans dealing with the highest inflation in four decades. 
Fashion
American Eagle Q1 sales inch forward, profits bleed

American Eagle Q1 sales inch forward, profits bleed

American Eagle Outfitters Inc. announced on Thursday revenues for the first quarter inched forward 2%, as the youth apparel retailer's namesake American Eagle brand and online channel saw steep declines.
Fashion
Victoria’s Secret launches VS&Co-Lab, welcomes new brands

Victoria’s Secret launches VS&Co-Lab, welcomes new brands

Victoria’s Secret & Co announced on Thursday the launch of a new curated digital platform that will connect customers to third-party brands that align with its values of innovation and inclusivity.
Fashion
Gap slashes forecast as inflation rips demand, Old Navy stumbles

Gap slashes forecast as inflation rips demand, Old Navy stumbles

Gap slashed its annual results forecast on Thursday, sending shares 13% lower after hours as the clothing retailer blamed poor fashion choices at its Old Navy line and weak demand in the face of decades-high inflation.
Fashion
Macy's raises profit outlook as demand for high fashion picks up

Macy's raises profit outlook as demand for high fashion picks up

Macy's raised its annual profit forecast on Thursday, helped by strong demand for high-margin apparel from consumers returning to weddings and other social events, even as red-hot inflation saps consumer spending power.
Fashion
Scalpers' sale on hold due to global economic uncertainty

Scalpers' sale on hold due to global economic uncertainty

Jaime Bergel and Pedro Sainz de Baranda, who both own 70% of the company, have decided to put the sale of their company on hold. The process began earlier this year, hiring investment bank Arcano to find buyers.
Fashion
Japan's Teijin Frontier unveils recycling technology for polyester

Japan's Teijin Frontier unveils recycling technology for polyester

On May 24, the textile industrial group Teijin Frontier unveiled a new technology that recycles dyed polyester fibres without reducing their quality.  
Fashion
Superdrug extends link-up with Skinnydip, adds more fashion

Superdrug extends link-up with Skinnydip, adds more fashion

​UK retailer Superdrug has extended its partnership with lifestyle brand Skinnydip after a successful trial period. It also means the beauty specialist will be selling more non-beauty products, including fashion.
Fashion
Cole Buxton adds new tech for "faster and better service"

Cole Buxton adds new tech for "faster and better service"

​Cole Buxton is introducing what it calls “queue busting” technology to support the UK luxury sportswear brand’s global physical expansion beyond its core digital model.
Fashion
Tammy Girl label sees comeback on ASOS

Tammy Girl label sees comeback on ASOS

​A popular tween brand from the 1990s has been revived with the return of Tammy Girl that has been relaunched by owner Daisy Street in a collaboration with ASOS.
Fashion
John Lewis links with Thelittleloop kidswear rental platform

John Lewis links with Thelittleloop kidswear rental platform

​John Lewis is dipping its toe into the kidswear rental market via a trial link-up with Thelittleloop.com. It means Thelittleloop users will be able to add John Lewis items to their subscription plans. 
Fashion
Dr Martens returns for new Heaven by Marc Jacobs collab

Dr Martens returns for new Heaven by Marc Jacobs collab

​Dr Martens is linking up again with Heaven by Marc Jacobs, the project that “embodies nostalgia for the youthful rebellion of the 90s — a technicolour manifestation of a binary-defying, forward-facing generation”.
Fashion
Ted Baker results improve and year starts well, but still lots of work to do

Ted Baker results improve and year starts well, but still lots of work to do

​Ted Baker’s full-year preliminary results and Q1 update on Thursday showed “good sales momentum, improving gross margin and operating cost leverage” at the up-for-sale fashion retailer.
Fashion
A-Cold-Wall opens pop-up in Doha's Harvey Nichols

A-Cold-Wall opens pop-up in Doha's Harvey Nichols

British designer label A-Cold-Wall has begun a six-week “residency” at the Doha Festival City Mall in Qatar. Its new shop-in-shop 7.2 sq m space is located in the three-storey Harvey Nichols store there.
Fashion