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Positive face of e-tail: eBay to spend millions on creating UK jobs

Positive face of e-tail: eBay to spend millions on creating UK jobs

E-tail took another socially positive step forward Thursday to improve its somewhat tarnished image with eBay announcing it’s planning to invest millions of pounds in creating jobs and opportunities in the UK.
Fashion
Welcome back! Shaftesbury promises London shoppers excitement post-lockdown

Welcome back! Shaftesbury promises London shoppers excitement post-lockdown

Shopper can expect an “animated, interesting and welcoming” return when retail restrictions are lifted next month. That’s the upbeat promise from London retail property giant Shaftesbury Thursday. 
Fashion
Quiksilver launches campaign to support womenswear's new direction

Quiksilver launches campaign to support womenswear's new direction

​Quiksilver has rebooted its approach to womenswear marketing and has unveiled a new direction and a new creative to support the latest womenswear range.
Fashion
Birkenstock 'to be sold' to L Catterton for €4bn - report

Birkenstock 'to be sold' to L Catterton for €4bn - report

​It looks like the long rumoured private equity takeover of family-owned Birkenstock could actually be happening soon. L Catterton, the group with close links to LVMH, is said to be “nearing an agreement” to buy it.
Fashion
River Island, Mountain Warehouse sign Clipper Logistics deals, automation is key

River Island, Mountain Warehouse sign Clipper Logistics deals, automation is key

​The two major name retailers have signed deals with logistics specialist Clipper Logistics, with the details of the deals highlighting how important automation and omnichannel have become.
Fashion
PrettyLittleThing sees surging dress demand on lockdown-easing roadmap

PrettyLittleThing sees surging dress demand on lockdown-easing roadmap

​‘Going-out’ clothing may have tanked during the various lockdowns of the past year, but with the UK’s lockdown-easing roadmap now published, demand seems to be surging, a major fashion e-tailer said Thursday.
Fashion
N Brown chairman to leave, successor already lined up

N Brown chairman to leave, successor already lined up

Online retail group N Brown said Thursday that its chairman Matt Davies is stepping down from his post at the end of next month in order to “spend more time on his other business activities”.
Fashion
Latest lockdowns make £1.1bn dent in Primark sales

Latest lockdowns make £1.1bn dent in Primark sales

Primark will have lost around £1.1 billion worth of sales due to lockdowns and other restrictions in the 27 weeks up to the end of this month, the value retailer said on Thursday.
Fashion
Kith opens first European store in Paris

Kith opens first European store in Paris

The American brand founded by Ronnie Fieg is opening a store in the French capital. Spread over three floors, the 16,000-square-foot location not only offers the label's latest collections, but also a restaurant. 
Fashion
Revolve earnings soar in fourth quarter

Revolve earnings soar in fourth quarter

The Los Angeles-based online fashion retailer reported Q4 net income of $19.0 million on Wednesday, representing a year-over-year increase of 126% compared to $8.4 million in the prior-year period.
Fashion
L Brands tops earnings expectations; revenues fall short on Victoria’s Secret weakness

L Brands tops earnings expectations; revenues fall short on Victoria’s Secret weakness

The Victoria’s Secret parent company reported fourth-quarter income of $860.3 million, or $3.03 per share, on Wednesday, beating analysts’ estimates of $2.91 per share.
Fashion
Shanghai textile trade shows postponed

Shanghai textile trade shows postponed

Intertextile, Yarn Expo, Chic and PH Value, scheduled in Shanghai on March 10-12, have been postponed. FashionNetwork.com has learned the possible new dates are March 17-19, if the authorities give the green light.
Fashion
T.J. Maxx parent misses estimates as lockdowns cut sales by $1 billion

T.J. Maxx parent misses estimates as lockdowns cut sales by $1 billion

Discount store operator TJX Cos Inc missed estimates for holiday-quarter results on Wednesday, as coronavirus-induced lockdowns in Europe and Canada shaved about $1 billion off its sales.
Fashion
Missoni celebrates 'normal life' at virtual Milan Fashion Week

Missoni celebrates 'normal life' at virtual Milan Fashion Week

Italian brand Missoni kicked off the first day of Milan Fashion Week on Wednesday, with designers once again forced to swap the buzzing catwalks for digital presentations due to the COVID-19 pandemic.
Fashion
Running boom to help Puma recover after slow start

Running boom to help Puma recover after slow start

German sportswear company Puma expects the financial impact from coronavirus lockdowns to last well into the second quarter, but believes global growth in running should help to support a strong improvement after that.
Fashion
A year into pandemic, Milan fashion week stays virtual

A year into pandemic, Milan fashion week stays virtual

Fashionistas will have to log on to soak up the glamour at Milan Fashion Week, which remains online a year after the coronavirus first swept into northern Italy.
Fashion