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Kantar Barometer: French fashion sales sluggish in Q1 2022

Kantar Barometer: French fashion sales sluggish in Q1 2022

The number of fashion sales in France remained stable from January to March compared to 2020, but declined by 17% compared to 2019. Camaïeu and Promod are rising in the rankings led by Leclerc. 
Fashion
Abercrombie shares drop 30% as high costs dent margin forecast

Abercrombie shares drop 30% as high costs dent margin forecast

Abercrombie & Fitch Co on Tuesday cut its annual forecasts for sales and margins after posting a surprise quarterly loss amid a surge in freight and raw material costs, sending its shares down 30% in premarket trade.
Fashion
PrettyLittleThing launches designer competition with Teyana Taylor

PrettyLittleThing launches designer competition with Teyana Taylor

Boohoo Group’s PrettyLittleThing label has announced its ‘Designer of the Year’ competition alongside award-winning director, singer, songwriter, choreographer, actress and model Teyana Taylor.
Fashion
Moda and Pure London owner reports faster-than-expected recovery

Moda and Pure London owner reports faster-than-expected recovery

​Faster and better than expected. That’s the recovery story from events specialist Hyve Group in its 2022 interim update on Tuesday. The events firm also said future focus will be “on sectors, rather than geographies”.
Fashion
Club L London launches Irish website

Club L London launches Irish website

​Club L London has launched in Ireland. The accessible luxury online retailer can now be shopped on clubllondon.ie. The launch comes after the brand saw total Ireland traffic figures increase 90% in Q1 2022 vs Q4 2021.
Fashion
True Religion inks licensing deal with GMA

True Religion inks licensing deal with GMA

American apparel and accessories brand True Religion announced on Monday an exclusive licensing agreement with Concept One Accessories and Capelli/Ballet, divisions of GMA Group.
Fashion
Stitch Fix poaches Marc Jacobs exec for chief marketing role

Stitch Fix poaches Marc Jacobs exec for chief marketing role

Online fashion subscription service Stitch Fix announced on Monday the appointment of Debbie Rose Woloshin to the role of chief marketing officer, effective immediately. Woloshin comes to Stitch Fix from Marc Jacobs.
Fashion
Yet another deal for Castore as it links with 24 Hours of Le Mans

Yet another deal for Castore as it links with 24 Hours of Le Mans

​British sportswear company Castore is clearly a business on a mission — to reach out to as many consumers as possible by links with the specific sports they love. And its latest deal is with 24 Hours of Le Mans.
Fashion
EU antitrust authority investigates several fashion labels

EU antitrust authority investigates several fashion labels

The European antitrust authority has carried out a series of surprise checks on a number of fashion labels, whose names have not been revealed, suspecting infringements to the EU’s competition regulations.
Fashion
Very Group owners revive stock exchange listing plans - report

Very Group owners revive stock exchange listing plans - report

​Plans to list UK-based digital fashion retail giant Very Group on the London Stock Exchange are being revived, according to reports. Owner the Barclay family is keen to resurrect plans to float the £4 billion business.
Fashion
M&S Goodmove makes Sports Edit debut

M&S Goodmove makes Sports Edit debut

M&S is ramping up availability for its hugely  successful womenswear sportswear own-brand, Goodmove. The retail giant has just launched on Europe-wide premium activewear site The Sports Edit.
Fashion
Love Island links with eBay for more sustainable approach to fashion

Love Island links with eBay for more sustainable approach to fashion

​In an interesting development, the new series of hit TV show Love Island sees it partnering with eBay UK to dress contestants in pre-owned clothes rather than the fast fashion that's the staple fare of the show.
Fashion
Fat Face appoints bankers to look at possible sale

Fat Face appoints bankers to look at possible sale

The owners of Fat Face are believed to have taken on bankers to advise it about a sale of the UK-based clothing and accessories retailer.
Fashion
Ted Baker selects preferred bidder, Sycamore drops out

Ted Baker selects preferred bidder, Sycamore drops out

​The process to take over Ted Baker is continuing with the UK retailer on Monday announcing that it has selected a preferred bidder. But it didn’t say who that is.
Fashion
Wolford postpones release of annual results for second time

Wolford postpones release of annual results for second time

High-end intimates specialist Wolford has postponed the release of its annual results for the second time in a month. It said it will release its audited annual financial statements for 2021 “no later than June 17”. 
Fashion
Gymshark shrugs off pandemic to file strong results

Gymshark shrugs off pandemic to file strong results

​Fast-growing sportswear company Gymshark has filed its accounts for the year to July 31, 2021 and they showed the business continuing to prosper even in a difficult time hit by lockdowns and weak consumer sentiment. 
Fashion