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Business

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
Business
Farfetch hit by tough conditions in Q1, but upbeat on longer-term prospects

Farfetch hit by tough conditions in Q1, but upbeat on longer-term prospects

​Q1 figures for Farfetch were more muted than some of its recent results and the company warned about the near-term impact of the macroeconomic backdrop that’s currently hurting fashion businesses at all price levels.
Luxury
Business

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
Retail

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
Business

Trade shows

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
Trade shows
Denim Première Vision makes German debut in Berlin

Denim Première Vision makes German debut in Berlin

With a delay of almost one-and-a-half years, Denim Première Vision launched its first Berlin edition on May 17 at the Arena Berlin, generating great dynamism among the 80 exhibitors present.
Fashion
Trade shows

Pure London announces theme, unveils speakers

The latest edition of UK trade fashion show Pure London will be all about ‘Empowering Change’ as the event returns to the post-pandemic schedule across 17-19 July at Olympia London.
Fashion
Trade shows

Pitti Uomo heralds “exciting” come-back June edition over 4 days

Ann Demeulemeester, Grace Wales Bonner and Soulland are the special guests of the Florence show's 102nd edition, which will return to its usual format on June 14-17. Over 650 exhibitors and 15,000 visitors are expected.
Fashion
Trade shows