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True Fit raises $30m as revenue soars

True Fit raises $30m as revenue soars

True Fit has raised new funding with a $30m cash injection as it also reported impressive revenue growth. The data and software firm said it has raised the finance as the $2trn apparel market has shifted online fast.
Fashion
UK retail sales rise, fashion is key driver, say BRC and Barclaycard

UK retail sales rise, fashion is key driver, say BRC and Barclaycard

​More evidence came through on Tuesday showing that fashion was a key driver of retail spending in the UK last month. Two regular monthly reports (from the BRC and Barclaycard) called out fashion as a star category.
Fashion
Palace teams up with Harrods on Christmas collection, pop-up

Palace teams up with Harrods on Christmas collection, pop-up

British skateboarding label Palace is teaming up with iconic London department store Harrods to launch an exclusive collection and pop-up. 
Fashion
Zara launches into Zepeto metaverse via collaboration with South Korean label Ader Error

Zara launches into Zepeto metaverse via collaboration with South Korean label Ader Error

Targeting Gen Z consumers, the Spanish fashion chain has teamed up with the South Korean fashion collective to launch its first virtual collection, available also physically, another step toward a premium positioning.
Fashion
Hibbett sales jump 15% in third quarter

Hibbett sales jump 15% in third quarter

The Birmingham, Alabama-based sportswear and fashion retailer achieved net sales of $381.7 million in the third quarter, representing growth of 15.2% compared to $331.4 million in the same period in the previous year.
Fashion
Luxury sportswear growing faster than traditional high-end fashion, says Deloitte

Luxury sportswear growing faster than traditional high-end fashion, says Deloitte

Luxury sportswear brands, such as Golden Goose, Stone Island and Barbour, dominate Deloitte's global ranking of the top 20 fastest-growing labels, in which Moncler is making an appearance for the sixth consecutive year. 
Fashion
'Metaverse' hype fuels booming digital property market

'Metaverse' hype fuels booming digital property market

The idea of spending millions on non-existent land may sound ludicrous -- but feverish predictions of a virtual reality future are pushing investors to bet big on digital real estate.
Fashion
Welcome to fashion's latest playground, the metaverse

Welcome to fashion's latest playground, the metaverse

After Nike and Adidas, luxury fashion houses are entering the metaverse.
Fashion
Kendall Jenner taps her inner tomboy for latest About You collection

Kendall Jenner taps her inner tomboy for latest About You collection

Model turned entrepreneur Kendall Jenner has tapped into her inner tomboy with her latest collection for online fashion e-tailer About You, which debuted this weekend.
Fashion
London Designer Outlet sales and footfall recover, names new GM

London Designer Outlet sales and footfall recover, names new GM

​Thriving London Designer Outlet in Wembley Park is securely on the recovery trail as the centre “sees sales approach pre-pandemic levels, having taken on a raft of new brands over the course of the past two years."
Fashion
F+F owner Tesco could face empty Christmas shelves in pay dispute

F+F owner Tesco could face empty Christmas shelves in pay dispute

Empty clothes rails, beauty and food shelves at Tesco could be a possibility if a strike at the supermarket giant’s warehouses can’t be averted. Over 1,000 distribution staff have voted to strike from December 16.
Fashion
Ted Baker announces sudden death of chairman John Barton

Ted Baker announces sudden death of chairman John Barton

​John Barton, the chairman of fashion and lifestyle retailer Ted Baker, has died suddenly. Helena Feltham, senior independent director, will assume the role of interim chairman with immediate effect.
Fashion
UK is ‘strategic’ in Lids’ major 100+ international store expansion plan

UK is ‘strategic’ in Lids’ major 100+ international store expansion plan

North American sportswear retail giant Lids is on a major international physical store expansion drive and has chosen the UK for its first standalone stores in Europe.
Fashion
Paul Smith opens in Brooklyn's Williamsburg

Paul Smith opens in Brooklyn's Williamsburg

London-based designer Paul Smith, specializing in ready-to-wear and bespoke tailoring, has opened a new store in Brooklyn’s Williamsburg.
Fashion
River Island makes Canada debut in deal with The Bay

River Island makes Canada debut in deal with The Bay

​River island is boosting its presence abroad with the British fashion chain opening in Canada in a deal with major retailer The Bay that currently takes in the webstore but will be expanded to stores next year.
Fashion
SMCP group: Paris trade courts decides to convene AGM

SMCP group: Paris trade courts decides to convene AGM

The Paris trade court has ruled in favour of the creditors of SMCP’s Chinese owners. The creditors hold a 29% stake in the fashion group and wanted to convene an AGM to solve the group's ownership issues.
Fashion