Kurt Geiger will take over Aldo’s concessions in the UK and Ireland, including existing concessions within department stores and online, as part of a new five-year partnership between the two footwear brands.
Footasylum issued a trading update on Monday and it was keenly watched as it was hoped the former stock market darling would have regained some of its momentum. But a profit warning saw panic selling of the shares.
Yeezy is strengthening its organization. The structure behind the Kanye West label, in collaboration with Adidas, has recruited a managing director, a chief financial officer and other key executives in just one year.
Steinhoff reported a slight increase in nine-month sales on Friday as its managers remained pre-occupied with cleaning up after an accounting fraud that nearly tipped the South African retailer into bankruptcy.
Consumer confidence rose in August but was negative overall with consumers cautious but not in panic mode. They're saving a lot of spare cash and are ready to spend on big items, but fashion is unlikely to be a priority.
Canadian athletic apparel maker Lululemon Athletica Inc on Thursday posted second-quarter profit that almost doubled from a year earlier, lifted by strong growth in online sales, particularly in China.
The beauty retailer reported strong income and revenue growth in the second quarter and first half of fiscal 2018 on Thursday, with e-commerce leading sales increases across skincare, fragrance and mass cosmetics.
As the apparel company moves forward with its acquisition by founder George Feldenkreis, Perry Ellis International has reported slipping revenues in the second quarter, dragged down by lost womenswear sales.