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Supermarket retailer Ahold shelves plan to spin off Bol.com

Supermarket retailer Ahold shelves plan to spin off Bol.com

Supermarket major Ahold Delhaize said on Wednesday it was postponing plans for an IPO of its non-food retailer, Bol.com, because of unfavourable market conditions.The group had planned to list Bol.
Fashion
Swiss firm Archroma to acquire Textile Effects business of Huntsman

Swiss firm Archroma to acquire Textile Effects business of Huntsman

Archroma has announced it has entered into a definitive agreement to acquire the Textile Effects business from Huntsman Corporation, an American multinational manufacturer and marketer of chemical products.
Fashion
Fashion innovator Issey Miyake dies at 84

Fashion innovator Issey Miyake dies at 84

Japanese fashion designer Issey Miyake, whose global career spanned more than half a century, has died aged 84 of cancer, it emerged on August 9.
Fashion
Delta Apparel sees 7% growth in net sales in Q3 FY22

Delta Apparel sees 7% growth in net sales in Q3 FY22

Delta Apparel, a leading provider of core activewear and lifestyle apparel products, has announced net sales of $126.9 million in Q3. Net sales in the Delta Group segment grew 3% to $106 million.
Fashion
UK shoppers surprisingly ready to spend during heatwave, fashion stays strong

UK shoppers surprisingly ready to spend during heatwave, fashion stays strong

Hot weather drove Britons to buy summer fashion, as well as outdoor goods, in July. But they also reined-in spending on foreign travel and eating out as the cost-of-living squeeze made itself felt, two surveys show.
Fashion
Shopify merchant growth falters as weak consumer spending hits businesses

Shopify merchant growth falters as weak consumer spending hits businesses

​Businesses stung by rising costs and lower consumer spending are shying away from Shopify's platform, creating a roadblock in its plan to fix past missteps in overestimating e-commerce demand.
Fashion
Abercrombie & Fitch reveals new "getaway-inspired" store design concept

Abercrombie & Fitch reveals new "getaway-inspired" store design concept

​Abercrombie & Fitch on August 8 announced a “refreshing new store experience inspired by the brand’s intention of making every day feel as exceptional as the start of a long weekend”. 
Fashion
Kohl’s adds Buffalo David Bitton to premium denim offer

Kohl’s adds Buffalo David Bitton to premium denim offer

Kohl’s has announced a new partnership with Buffalo David Bitton, which is owned by Iconix International, to bring premium and responsibly-made denim styles to customers just in time for fall.
Fashion
Holzweiler gets Sequoia Capital investment boost, targets China, US and UK growth

Holzweiler gets Sequoia Capital investment boost, targets China, US and UK growth

​Norwegian fashion and lifestyle label Holzweiler has entered a “strategic partnership” with Sequoia Capital China, the latter having made a “significant investment” in the family-owned firm.
Fashion
Next in talks to buy 25% stake in troubled Joules

Next in talks to buy 25% stake in troubled Joules

​Next has been busy buying up stakes in both strong and struggling businesses and the latest example of the latter is Joules, at least according to a news report.
Fashion
US to retain top position in denim jeans market, but growth to slow

US to retain top position in denim jeans market, but growth to slow

The US will hold on to its leading position in the global denim jeans market, but its annual growth will be lower than the global average, according to Fibre2Fashion’s market insight tool TexPro.
Fashion
M&S named official tailor of England football teams

M&S named official tailor of England football teams

UK’s Marks & Spencer (M&S) has announced that it is the official tailor to the England senior men’s and football teams and the cup-winning women's team.
Fashion
Gildan Activewear sees sales of $896m in Q2

Gildan Activewear sees sales of $896m in Q2

Canadian clothing manufacturer Gildan Activewear Inc. has generated sales of $896 million during the second quarter of 2022, which is up 20 per cent over the prior year.
Fashion
Uniqlo's sister brand GU to open first Western store via US pop-up

Uniqlo's sister brand GU to open first Western store via US pop-up

Fast Retailing’s brand GU is targeting international growth and will open its first US store this fall. The company said it will debut in Soho, New York, and this “marks the first time the brand launches in the West”.
Fashion
India's DLF mulls auction bid for New Delhi mall with base price of $366m - sources

India's DLF mulls auction bid for New Delhi mall with base price of $366m - sources

India's biggest real estate developer DLF is evaluating a bid for a prominent New Delhi shopping mall that has a starting auction price of $366 million, according to two sources and a public notice seen by Reuters.
Fashion
Rocky Brands reports $162m net sales in Q2

Rocky Brands reports $162m net sales in Q2

Rocky Brands' Q2 saw net sales up 23.1% to $162 million in Q2 2022 compared with $131.6 million in Q2 2021. Wholesale for Q2 increased 29.7% to $131.2m.
Fashion