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- Vans owner VF jumps with Wall Street seeing better sales signalson 28 October 2024 at 21:52
VF Corp., the apparel company that owns the Vans and North Face brands, reported quarterly revenue that beat Wall Street expectations.
- Wolverine appoints new active group presidentby bfitzgerald@fashionnetwork.com ( Benjamin Fitzgerald) on 28 October 2024 at 21:39
Wolverine World Wide announced on Monday the appointment of Susie Kuhn as president of the U.S. company’s active group, effective October 28.
- Walmart slashes Walmart Plus subscription price by half ahead of holidayson 28 October 2024 at 20:37
Walmart said on Monday it would offer its membership service, Walmart Plus, at a 50% discount ahead of the holiday season, as the retailer attempts to close the gap with rival Amazon.com’s Prime subscription service.
- Columbia enlists former Facebook marketing executiveby oguyot@fashionnetwork.com ( Olivier Guyot) on 28 October 2024 at 19:50
The American outdoor brand has appointed Matt Sutton as its marketing director. Sutton led global marketing for the social media network Facebook from 2017 to 2021.
- Good American names Paul Griffin as presidentby jbraun@fashionnetwork.com ( Jennifer Braun) on 28 October 2024 at 19:22
Good American, the size-inclusive fashion brand co-founded by Emma Grede and Khloé Kardashian, has named Paul Griffin as its new president, succeeding Melissa Anderson.
- David Yurman unveils star-studded 2024 holiday campaignby jbraun@fashionnetwork.com ( Jennifer Braun) on 28 October 2024 at 19:18
The 2024 holiday campaign features a star-studded lineup, including Sterling K. Brown, Hero Fiennes Tiffin, Winnie Harlow, Kyle Kuzma, Arizona Muse, and global ambassador Iris Law.
- Primark expands New York presence with new store at Queens Center Mallby jbraun@fashionnetwork.com ( Jennifer Braun) on 28 October 2024 at 18:59
Primark announced on Monday the opening of a new store at Queens Center in Elmhurst, New York, on December 5.
- Estee Lauder reportedly picks insider Stéphane de La Faverie as new CEOon 28 October 2024 at 17:28
Cosmetics giant Estee Lauder has picked senior executive Stéphane de La Faverie to take over as its CEO, the Wall Street Journal reported on Monday, citing people familiar with the matter.
- Nicolas Di Felice of Courrèges on young designers and their fresh, powerful sense of imageby dmuret@fashionnetwork.com ( Dominique Muret) on 28 October 2024 at 17:03
At this year’s Hyères Festival, where he chaired the fashion jury, the creative director of Courrèges explained how he relaunched this legendary house and shared his vision of today’s young designers.
- The RealReal names new CEO, updates full-year guidance on strong Q3 prelimsby bfitzgerald@fashionnetwork.com ( Benjamin Fitzgerald) on 28 October 2024 at 16:45
The RealReal announced on Monday the promotion of Rati Sahi Levesque, the luxury resale platform’s president and chief operating officer, to the role of president and chief executive officer, effective immediately.
- Westfield owner sees malls strength as it enters Q4by shalliday@fashionnetwork.com ( Sandra Halliday) on 28 October 2024 at 16:44
French malls giant Unibail-Rodamco-Westfield has updated on trading at the end of Q3 and said that tenant sales have risen 4.3% and footfall was up 2.4% in the first nine months of the year.
- Mango boosts Ireland business with Dublin revamp and Man launchby nigel.taylor@fashionnetwork.com ( Nigel TAYLOR) on 28 October 2024 at 16:30
Fashion giant Mango has strengthened its presence in Ireland with the upgrade of its flagship store in Dublin while also introducing its Man line.
- THG Studios launches AI-powered iLab to drive creativityby nigel.taylor@fashionnetwork.com ( Nigel TAYLOR) on 28 October 2024 at 16:29
Artificial intelligence (AI) continues to be rolled out as a key driver of expansion for digital retail group THG’s Ingenuity arm.
- Foot Locker opens first India store in New Delhi’s Nexus Select City Walkby icrossley@fashionnetwork.com ( Isabelle Crossley) on 28 October 2024 at 16:28
Multi-brand global sneaker retailer Foot Locker has opened its first brick-and-mortar store in India in New Delhi’s Nexus Select City Walk through a strategic partnership between Metro Brands and Nykaa Fashion.
- Burberry launches next step of ‘Made In UK’ series with Johnstons of Elginby nigel.taylor@fashionnetwork.com ( Nigel TAYLOR) on 28 October 2024 at 16:26
Burberry is continuing to champion the luxury brand’s “craftsmanship and artisanal excellence” as part of its commitment to supporting British production.
- Boohoo launches new People Will Talk campaign and brand refreshby nigel.taylor@fashionnetwork.com ( Nigel TAYLOR) on 28 October 2024 at 16:22
Away from the boardroom leadership battles at Boohoo, the troubled fashion retailer is getting on with the job of rebuilding its public image.
- China gold demand plunges as record prices deter jewelry buyerson 28 October 2024 at 16:20
Gold demand in China — the world’s biggest consumer — plunged by more than a fifth in the third quarter as record
- Self checkouts to be installed in M&S changing roomsby nigel.taylor@fashionnetwork.com ( Nigel TAYLOR) on 28 October 2024 at 16:19
M&S is to add self checkouts to changing rooms across its 180 clothing stores to speed up the overall process and make checking out smoother.
- Qasimi’s Q Rising starts link-up with Lagos Fashion Weekby nigel.taylor@fashionnetwork.com ( Nigel TAYLOR) on 28 October 2024 at 16:14
Q Rising (formerly Qasimi Rising) has kicked off a series of global mentorship events, launching at just-finished Lagos Fashion Week in Nigeria.
- Cucinelli says luxury group’s go-slow approach in China will help protect brandon 28 October 2024 at 16:08
Luxury cashmere maker Brunello Cucinelli SpA is taking a go-slow approach to new openings in China as it looks to protect the brand’s cachet.
- Pas Une Marque founder Sean Coutts talks enlisting Paris Brosnan for latest campaignby no@email.fr ( Chenu Alexis) on 28 October 2024 at 15:53
Founded in 2018 by Paris-based designer Sean Coutts, fashion and lifestyle label Pas Une Marque has just enlisted Paris Brosnan, son of the former James Bond actor, for its winter collection.
- Apparel retailer Arvind’s Q2 pre-tax profit jumps on strong demandon 28 October 2024 at 15:36
Indian clothing retailer Arvind posted a 19% rise in second-quarter pre-tax profit on Monday, aided by strong textiles demand as customers splurged on clothes ahead of the festive season, sending its shares 5% higher.
- Forget China, Chanel exec warns of luxury fatigue riskon 28 October 2024 at 14:23
A slowdown in the key Chinese market is currently lashing the financial performance of luxury houses but a Chanel executive warned Monday it faces an even greater risk from oversaturation and “luxury fatigue”.
- UK shoppers cut back on spending ahead of budget, CBI sayson 28 October 2024 at 14:05
British retailers reported a fall in sales for October as consumers held off on spending ahead of this week’s budget announcement by finance minister Rachel Reeves, the Confederation of British Industry said on Monday.
- School bans of Crocs threaten dominance of kids’ favorite shoeson 28 October 2024 at 13:58
Crocs Inc. grew into an $8 billion company by providing a quick, comfy option for kids and teens to slip on and dash to school. But a growing number of schools in the US are banning Crocs due to alleged safety hazards.
- Mandarina Duck grows in H1 thanks to Spain, Italy and the Eco-Coated lineby gianluca.bolelli@gmail.com ( Gianluca Bolelli) on 28 October 2024 at 13:54
In H1, the Italian leather goods brand grew by 133% in Russia, 55% in Spain, 33% in Greece and 18% in Italy, consolidating the wholesale channel and setting its sights on China, Eastern Europe and South America for 2025.
- Bricks over clicks as shops come back into fashion in Europeon 28 October 2024 at 12:05
The rise of e-tail has led to swathes of store closures, casting doubt over the future of shopping malls and high streets, but in Europe there are signs physical stores are back in vogue, helping drive online sales.
- Fat Face results show business heading in right directionby shalliday@fashionnetwork.com ( Sandra Halliday) on 28 October 2024 at 09:13
FatFace has filed its ‘annual’ accounts as usual in late October. But this time, they only cover 35 weeks, the period to late January as it’s aligning with Next, which acquired a 97% stake in the company a year ago.
- New Look faces tough conditions in latest year, but progress is madeby shalliday@fashionnetwork.com ( Sandra Halliday) on 28 October 2024 at 08:44
New Look has filed its accounts for the year to the end of March with both positive and negative movements as revenue and adjusted EBITDA fell, but the gross margin rose and the statutory loss before tax narrowed.
- Non-food e-sales in recovery for first time since pandemic says GlobalDataby shalliday@fashionnetwork.com ( Sandra Halliday) on 28 October 2024 at 08:34
Online sales of non-food products have been sluggish since the end of the Covid-driven e-boom but data specialist GlobalData has said UK non-food online penetration is set to improve for first time in several years.