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Desigual puts Jordi Balsells in charge of international distribution channel strategy

Desigual puts Jordi Balsells in charge of international distribution channel strategy

The Catalan label has reshuffled its international organisation, putting the current vice-president Asia, Americas and CEEMEA in charge of the omni-channel business and of international expansion.
Fashion
Fashion not seeing e-sales surge, but behavioural shift expected post-lockdown

Fashion not seeing e-sales surge, but behavioural shift expected post-lockdown

Another UK e-tail report on Friday showed fashion sales low, despite the overall surge in online spending. But its authors think that once fashion starts to recover post-lockdown, e-tailers could be the big winners.
Fashion
Wolford is now debt-free, has enough cash to get through crisis

Wolford is now debt-free, has enough cash to get through crisis

Wolford has shared plenty of bad news in recent years but this week the brand shared some good news too. The company said that it's now debt-free and has the cash to get it through the coronavirus crisis.
Fashion
E-tail surge not enough in May as lockdown means fashion sales plunge

E-tail surge not enough in May as lockdown means fashion sales plunge

Online sales helped to salvage some good news out of the gloom during May with BDO’s Retail Sales Tracker for the month showing a 129.5% e-sales uplift year-on-year.
Fashion
J.C. Penney begins permanent store closures at 154 locations

J.C. Penney begins permanent store closures at 154 locations

J.C. Penney revealed on Thursday the company is permanently closing 154 stores and will pursue store liquidations, as part of its Chapter 11 bankruptcy restructuring plan. 
Fashion
Wolverine Worldwide predicts better-than-expected Q2 on strong e-commerce gains

Wolverine Worldwide predicts better-than-expected Q2 on strong e-commerce gains

The outdoor lifestyle group has announced skyrocketing e-commerce sales in the first nine weeks of Q2, giving the company hope of achieving better-than-expected results in a quarter negatively impacted by Covid-19.
Fashion
G-III posts 36% drop in sales, announces shuttering of almost 200 stores

G-III posts 36% drop in sales, announces shuttering of almost 200 stores

The NYC-based owner of DKNY and Donna Karan has reported a 36.1% decline in its Q1 sales as a result of the Covid-19 pandemic, and also announced the permanent closure of its Wilsons Leather and G.H. Bass Stores.
Fashion
Gap reports huge first-quarter loss on coronavirus-led store closures

Gap reports huge first-quarter loss on coronavirus-led store closures

Gap Inc on Thursday reported a whopping first-quarter loss of $932 million as the apparel retailer wrote down the value of some assets due to coronavirus-driven store closures.
Fashion
Canadian retailer Comark Holdings to restructure as virus crisis weighs

Canadian retailer Comark Holdings to restructure as virus crisis weighs

Comark Holdings Inc said on Wednesday it would restructure under the Companies’ Creditors Arrangement Act (CCAA) as the fallout from the COVID-19 pandemic hit the Canadian apparel retailer’s business.
Fashion
Ebay raises current-quarter sales, profit forecast on higher demand

Ebay raises current-quarter sales, profit forecast on higher demand

Ebay Inc raised current-quarter revenue and profit forecast on Thursday, as people stuck at home due to the COVID-19 pandemic ordered more from the e-commerce platform, sending its shares up 10%.
Fashion
Fashion wholesalers call on UK to extend business rates relief

Fashion wholesalers call on UK to extend business rates relief

Daniel Morris, co-founder of fashion Agency Morris Fyfe, has launched an online petition calling on the government to extend its Covid-19 support for retail businesses to include wholesale agents and distributors.
Fashion
Debenhams reopenings start next week, plans 'big bang' approach on June 15

Debenhams reopenings start next week, plans 'big bang' approach on June 15

Having struck rent deals for most of its stores, Debenhams is planning for its reopening programme to begin next week as three Northern Ireland shops open on Tuesday. 
Fashion
New Look in landlord talks about turnover-linked rents

New Look in landlord talks about turnover-linked rents

Less than two years on from its CVA, New Look is in talks with its landlords again and has appointed property agents to help it negotiate rent deals based on turnover as it prepares to reopen its store estate this month.
Fashion
Online demand fuels American Eagle's recovery after coronavirus slump

Online demand fuels American Eagle's recovery after coronavirus slump

American Eagle Outfitters Inc on Wednesday signaled a strong sales rebound in the current quarter, driven by a surge in online demand for the apparel retailer’s lingerie and athleisure brand, Aerie.
Fashion
A world redrawn: The rich must 'share' says Agnes b

A world redrawn: The rich must 'share' says Agnes b

Agnes b. called in an interview for the rich to "share" and insisted we must not forget the urgency of looking out for the environment.
Fashion
Danish label Rains wins court case against Inditex in Denmark

Danish label Rains wins court case against Inditex in Denmark

In 2016, the Danish rainwear specialist challenged Zara in court in Denmark, accusing the fashion retailer of copying two of its models. In May, the court ruled in Rains’s favour for the label's domestic market.
Fashion