News

by jbraun@fashionnetwork.com ( Jennifer Braun) on 02/04/2020 at 02:38

Ottawa-based e-commerce company Shopify Inc. said on Wednesday that it is suspending its previous financial expectations provided for full-year 2020, as the Covid-19 crisis continues. […]

by bfitzgerald@fashionnetwork.com ( Benjamin Fitzgerald) on 02/04/2020 at 01:33

PVH Corp. on Wednesday recorded both a fourth-quarter and full-year sales uptick in 2019, on the back of strong sales growth at Tommy Hilfiger, as the company tries to weather the financial impact of Covid-19. […]

by glacombe@fashionnetwork.com ( Gabriella LACOMBE) on 02/04/2020 at 00:35

The Californian company has reaffirmed its 2020 guidance, despite seeing a "significant decline" in recent retail sales due to the Covid-19 pandemic, and has announced that its China operations are back to normal. […]

by glacombe@fashionnetwork.com ( Gabriella LACOMBE) on 02/04/2020 at 00:12

Some $100,000 of the donation will go to the Covid-19 Solidarity Response Fund, while a separate donation of 2 million RMB ($275,000) was made to the Chinese Society of the Red Cross. […]

on 02/04/2020 at 00:08

Chinese e-commerce firm Pinduoduo Inc said on Tuesday that it had raised $1.1 billion in a private share placement, bolstering its ability to finance growth, despite recent market volatility. […]

on 02/04/2020 at 00:03

Some of Japan’s biggest department store owners on Wednesday reported an unprecedented slump in March sales as the coronavirus outbreak hit tourism and forced stores to shorten their operating hours. […]

on 01/04/2020 at 23:53

Adidas apologized on Wednesday for saying it would stop paying rent for stores around the world forced to close by coronavirus lockdowns after a storm of criticism, saying it would pay up for April after all. […]

on 01/04/2020 at 23:50

German department store chain Galeria Karstadt Kaufhof is seeking protection from creditors to stay afloat, it said on Wednesday, after nationwide store closures to help to contain the spread of the coronavirus. […]

on 01/04/2020 at 23:39

In what amounts to a return to its roots, American workwear brand Carhartt has announced the production of no less than 2.5 million protective masks and 50,000 medical gowns for healthcare personnel. […]

on 01/04/2020 at 23:33

German households stocking up on daily essentials ahead of anticipated lock-down and quarantine measures caused retail sales in Germany to surge far beyond expectations in February, official data showed on Wednesday. […]

on 01/04/2020 at 23:02

Amazon.com Inc said on Wednesday a handful of workers staged a demonstration at one of its warehouses near Detroit, another U.S. protest this week over staff concerns about contracting the novel coronavirus on the job. […]

by rdriver@fashionnetwork.com ( Robin Driver) on 01/04/2020 at 20:34

The Barcelona-based luxury bridal group has announced the appointment of Ermenegildo Zegna alum Maurizio Mantovani as its new managing director for North America. […]

by oguyot@fashionnetwork.com ( Olivier Guyot) on 01/04/2020 at 18:53

The organisers of the fashion trade shows usually held in Paris in June have published a joint release announcing their cancellation due to the "unprecedented context of the global health crisis." […]

by gdeeny@fashionnetwork.com ( Godfrey Deeny) on 01/04/2020 at 17:58

Copenhagen Fashion Week has announced that – at least for the moment – it plans to maintain its current dates, and will take place in the first week of August 2020, bucking a recent trend of postponing seasons in Europe. […]

by gdeeny@fashionnetwork.com ( Godfrey Deeny) on 01/04/2020 at 16:14

Fashion houses have begun reaching out to their massive global communities via social media to encourage creativity at home, healthy living and inter-connectivity during the global lockdown caused by coronavirus. […]

by mdeslandes@fashionnetwork.com ( Marion Deslandes) on 01/04/2020 at 14:58

Sport and outdoor apparel shows Performance Days and Outdoor by ISPO will not be held in Munich in April and June due to the Covid-19 pandemic, though the former event is staging a virtual show. […]

by oguyot@fashionnetwork.com ( Olivier Guyot) on 01/04/2020 at 14:56

The sale by the Clarins group to the L’Oréal group of Mugler and of Azzaro perfumes, for an as yet undisclosed amount, was first heralded last October and has now been finalised. […]

by oguyot@fashionnetwork.com ( Olivier Guyot) on 01/04/2020 at 14:55

The brand owned by VF Corp. has appointed Eastpak’s former global head of sales as its new vice-president and general manager EMEA. […]

by bsantamaria@fashionnetwork.com ( Barbara Santamaria) on 01/04/2020 at 14:53

The Scottish golf clothing brand has launched a three-part short film series with YouTube vlogger The Average Golfer to capture the spirit of golf during these difficult and uncertain times. […]

by bsantamaria@fashionnetwork.com ( Barbara Santamaria) on 01/04/2020 at 14:07

The luxury retailer has teamed up with Stockholm-based accessories brand ATP Atelier to create an exclusive platform sandal for the summer. Made from vegetable tanned vacchetta, the Melitto comes in both black and white. […]

by shalliday@fashionnetwork.com ( Sandra Halliday) on 01/04/2020 at 13:10

H&M has announced the five winners of its 2020 Global Change Award. They include forward-thinking tech like lab-grown cotton and a way of creating fabrics from protein DNA. […]

by shalliday@fashionnetwork.com ( Sandra Halliday) on 01/04/2020 at 11:28

There’s speculation that Debenhams could be thinking of adding more stores to its list of closures and possibly entering another company voluntary arrangement. […]

by bsantamaria@fashionnetwork.com ( Barbara Santamaria) on 01/04/2020 at 11:16

Inspired by the style of the film's lead character, the To All the Boys range includes sweet necklines and teen staples such as slogan tees, crop tops, a bright pink puff shoulder dress and floral prints. […]

by shalliday@fashionnetwork.com ( Sandra Halliday) on 01/04/2020 at 10:56

Global online shopping order volumes have risen 88% this year with cosmetics a key category, but clothing has stayed flat while sports goods orders have dropped sharply. […]

by bsantamaria@fashionnetwork.com ( Barbara Santamaria) on 01/04/2020 at 10:35

Launching this Wednesday, 1 April, the 17-piece collection emphasises easy, versatile pieces that can go from day to night with a selection of dresses, high-waisted shorts and denim and accessories. […]

by shalliday@fashionnetwork.com ( Sandra Halliday) on 01/04/2020 at 10:18

Frasers Group, the owner of Sports Direct, Flannels, Jack Wills and House of Fraser, has said that its executive team will take lower salaries during the coronavirus crisis. […]

by shalliday@fashionnetwork.com ( Sandra Halliday) on 01/04/2020 at 10:07

AS Watson-owned UK fragrance retailer The Perfume Shop has become the latest major name to shut its online operations on the back of the coronavirus crisis. […]

by shalliday@fashionnetwork.com ( Sandra Halliday) on 01/04/2020 at 09:27

Half-year results for MySale Group on Wednesday looked weak. But the firm also said it’s been boosted by current market volatility with more product available to it and more brands wanting to sell via its marketplace. […]

by shalliday@fashionnetwork.com ( Sandra Halliday) on 01/04/2020 at 08:24

Poundland, the chain that sells the Pep&Co clothing brand, is closing around 100 of its stores temporarily with 32 of them on the initial closure list. […]

by shalliday@fashionnetwork.com ( Sandra Halliday) on 01/04/2020 at 08:06

The massive impact of Covid-19 on tourist spending was made clear this week as international payments provide Planet issued figures showing the economic impact of the virus on European retail during February.&nbs […]