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- UK shoppers choose “timelessness over trends” – reportby nigel.taylor@fashionnetwork.com ( Nigel TAYLOR) on 18 March 2024 at 17:07
The UK’s 18-35-year-old shoppers “have no intention of following this year’s top fashion trends”. That’s the headline-grabbing view of 58% of them in a survey by British fashion brand Blakely Clothing.
- N Brown puts jobs at riskby nigel.taylor@fashionnetwork.com ( Nigel TAYLOR) on 18 March 2024 at 17:05
Online fashion group N Brown is to cut a small proportion of staff as part of the retailer’s ongoing transformation programme.
- Gap and Palace link up for 90s style and skate culture collabby nigel.taylor@fashionnetwork.com ( Nigel TAYLOR) on 18 March 2024 at 16:48
American clothing giant Gap is partnering with London-based skate/streetwear label Palace to release a pretty big heritage-based collection of adult and kids’ apparel.
- Astrid & Miyu open Harrods concession, launches gold collectionby nigel.taylor@fashionnetwork.com ( Nigel TAYLOR) on 18 March 2024 at 16:40
British jewellery brand Astrid & Miyu is continuing to expand its physical footprint with a statement concession at luxury department store Harrods in London’s Knightsbridge.
- Fashion rental platform By Rotation adds new ‘local’ featureby nigel.taylor@fashionnetwork.com ( Nigel TAYLOR) on 18 March 2024 at 16:39
As the fashion rental marketplace continues to expand its universe, global platform By Rotation is actually going local.
- After Matches, now Frasers Group puts kidswear chains into administrationby nigel.taylor@fashionnetwork.com ( Nigel TAYLOR) on 18 March 2024 at 16:37
- Luxury watch thefts surge, impacts shopper confidenceby nigel.taylor@fashionnetwork.com ( Nigel TAYLOR) on 18 March 2024 at 16:33
Around £1.5 billion, and counting. That’s currently the staggering total worth of luxury watches stolen or lost, according to the global Watch Register database.
- Ex-Browns lynchpin Petersson named to Filippa K boardby shalliday@fashionnetwork.com ( Sandra Halliday) on 18 March 2024 at 16:19
It look like Browns’ loss is Filippa K’s gain. Ida Petersson — who had been the luxury retailer’s Buying Director prior to owner Farfetch’s acquisition by Coupang — has taken a seat on the Filippa K board.
- Dormant stocks: Evolution and limits of the unused materials marketby mguinebault@fashionnetwork.com ( Matthieu Guinebault) on 18 March 2024 at 15:44
Unused fabric inventory is now being increasingly taken into consideration by designers, brands and major labels, as some French start-ups active in the growing dormant stocks sector have told FashionNetwork.com.
- UK luxury is £81bn industry says new reportby shalliday@fashionnetwork.com ( Sandra Halliday) on 18 March 2024 at 15:40
The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole.
- Christian Dior appoints Nicolas Baretzki as sales directorby dmuret@fashionnetwork.com ( Dominique Muret) on 18 March 2024 at 15:28
The luxury house owned by LVMH has recruited the former CEO of Montblanc to take up the new post of deputy managing director in charge of commercial activities.
- Shares in Polish fashion group LPP recoup some losseson 18 March 2024 at 14:12
Shares in Polish fashion group LPP rose around 8% on Monday, recovering some of last week’s losses made after a Hindenburg Research report questioned the 2022 sale of its Russian assets.
- Jean Paul Gaultier reveals next guest couturier is Nicolas Di Feliceby gdeeny@fashionnetwork.com ( Godfrey Deeny) on 18 March 2024 at 12:16
Jean Paul Gaultier has chosen Nicolas Di Felice, the creative director of Courrèges, to be the next guest couturier at the Paris couture house. It will show in June.
- K-Way joins forces with Maison Kitsuné for a collaborationby dmuret@fashionnetwork.com ( Dominique Muret) on 18 March 2024 at 11:55
Following a successful partnership with Agnès b., the esteemed label has announced the launch of a capsule collection with Maison Kitsuné, accompanied by a campaign shot in Paris by the photographer Basile Bertrand.
- Mother’s Day gifting focus shifted this year, fashion benefitedby shalliday@fashionnetwork.com ( Sandra Halliday) on 18 March 2024 at 08:26
A new study offered up some good news for the fashion and beauty sector as it has shown online Mother’s Day gifting this year moved away from “typical gifts and trinkets towards presents such as fashion and beauty”.
- Kering among investors said to be eyeing Selfridges stakeby shalliday@fashionnetwork.com ( Sandra Halliday) on 18 March 2024 at 08:11
The problems at Signa could be a boon for Kering or Saudi Arabia’s sovereign wealth fund as they’re reportedly both targeting a stake in Selfridges.
- M&S now has new deadline for Marble Arch plans, is close to HSBC deal for ‘superapp’by shalliday@fashionnetwork.com ( Sandra Halliday) on 18 March 2024 at 07:00
After winning its court case against the government’s refusal to allow it to redevelop its Marble Arch flagship in London, retail giant M&S now has three weeks to formally resubmit its plans for the building.
- Charles Jeffrey Loverboy will have dedicated space in new Dover Street Market Parisby shalliday@fashionnetwork.com ( Sandra Halliday) on 18 March 2024 at 06:46
The elusive Rei Kawakubo has personally invited Charles Jeffrey Loverboy to create some special items for the long-awaited opening of Dover Street Market Paris next month.
- Etro launches made-to-order campaign with animated filmby shalliday@fashionnetwork.com ( Sandra Halliday) on 18 March 2024 at 06:41
Italian luxury label Etro’s recent move into made-to-order formalwear via Etro Unique is being supported with a short film by Virgilio Villoresi inspired by the new offer.
- Wolverine’s Sweaty Betty and Merrell in first-ever collabby shalliday@fashionnetwork.com ( Sandra Halliday) on 18 March 2024 at 06:35
Owned by Wolverine World Wide since 2021, UK activewear brand Sweaty Betty has announced a collaboration with fellow Wolverine label Merrell.
- Recreating Paris in Phnom Penh — for the richon 18 March 2024 at 00:31
In downtown Phnom Penh, a huge high-end development mimicking the buildings and boulevards of Paris embodies a move to cash in on the “new frontier” for luxury — in the capital of one of Asia’s poorest countries.
- Freemans launches TV-promoted new credit offer, calls it a cornerstone for growthby nigel.taylor@fashionnetwork.com ( Nigel TAYLOR) on 17 March 2024 at 10:01
Freemans has launched of a new customer credit offer Flexi3 with the digital department store set to heavily promote the offer via a TV campaign.
- Caleres appoints debut SVP, corporate development and strategic communicationsby bfitzgerald@fashionnetwork.com ( Benjamin Fitzgerald) on 16 March 2024 at 21:48
Caleres announced on Friday that Liz Dunn has joined the company as senior vice president of corporate development and strategic communications.
- Hibbett annual sales inch forward on steady end of yearby bfitzgerald@fashionnetwork.com ( Benjamin Fitzgerald) on 16 March 2024 at 21:32
Hibbett announced on Friday sales for the full-year increased 1.2% to $1.73 billion, coinciding with a sales uptick for the fourth quarter ending February 3.
- Arkhouse says in talks with Macy’s for due diligence amid push for higher bidon 16 March 2024 at 20:43
Macy’s investor Arkhouse Management said on Thursday the U.S. department store was in talks with the investment firm for opening its books for due diligence on the prospects of a higher offer.
- Inditex’s growth strategy: Efficiency, profitability, and responsible expansionby talonso@fashionnetwork.com ( Triana ALONSO) on 16 March 2024 at 20:18
On the occasion of the presentation of Inditex’s financial results for 2023, the CEO of the Galician conglomerate shed some light on the past fiscal year and unveiled its schemes for future expansion.
- Bimba y Lola fortifies board by welcoming former Kenzo CEO after maintaining stable sales in 2023by egracia@fashionnetwork.com ( Eva Gracia Morales) on 16 March 2024 at 20:14
The Galician fashion house recorded revenues of 227 million euros in the latest fiscal year, a modest 1% increase from the preceding year, and welcomed Sylvie Colin to its board of directors.
- Safilo posts 76% drop in FY net profit on higher revaluationsby bfitzgerald@fashionnetwork.com ( Benjamin Fitzgerald) on 16 March 2024 at 20:07
Safilo said on Thursday its full-year adjusted net result dropped by 76%, due to the accounting effect of the valuations of options of non-controlling interests, as well as higher financial charges.
- Japan: Private sector grants highest wage rise since 2013on 16 March 2024 at 20:02
The average wage increase offered this year by 231 Japanese companies to their employees is the highest since 2013, said Japan’s largest trade union on Thursday.
- Levi’s opens ‘NextGen’ store in Kyoto, Japanby jbraun@fashionnetwork.com ( Jennifer Braun) on 16 March 2024 at 20:01
Levi’s has announced the reopening of its flagship store in Kyoto, Japan, introducing its NextGen store format to Japanese customers.