Nike will lay off about 740 employees at its world headquarters in Oregon, a letter showed on Friday, as the top sportswear maker looks to rein in costs after warning of a revenue dip in the first half of fiscal 2025.

Few brands are as attached to the concept of craft as Tod’s whose creative collaboration, The Art of Craftmanship – A Project by Venetian Masters, opened with panache on Friday night.

​Adding consumer attractions continues to be part of many a shopping centre’s playbook and Battersea Power Station is no different.

Adanola has a new HQ in which to welcome its new CEO. The everyday activewear specialist has moved across Manchester’s city centre to take up residence in the Noma district.

A strategic business “reset” has helped UK-based American Golf improve its fiscal scorecard.

New Look’s ambitions on sustainability have been given a boost, gaining approval from the Science Based Targets Initiative (SBTi) regarding its emissions targets.

Having moved on to the stage of industrialising its offering via a factory in Thailand, Japanese company Spiber has announced that it has raised 10 billion yen to support the roll-out of its protein fibre.

Impact investors try to influence the strategies of listed companies to make them more socially and environmentally virtuous. Find out more about their approach from Johanna Schmidt of Triodos IM.

UK consumer confidence isn’t just on the up again, it’s reached a new two-year high as personal finances improve, especially among 25-34 year-olds. But that isn’t necessarily feeding through to spending habits.

Despite advancements in activewear, most sports bras “are stuck in the past”. That’s according to Joanna Wakefield-Scurr professor of Biomechanics at the University of Portsmouth, and the University of Memphis.

​The BFC’s 2024 Institute of Positive Fashion Forum has wrapped up with the big news being a call from Sojo for the UK fashion industry and its customers “to get behind Care & Repair in a bid to reduce textile waste”.

​Following its move to axe individual seller fees on fashion, eBay UK has come up with some interesting statistics about UK consumers’ fashion usage and they highlight a huge amount of waste in the sector.

Hardware stores, furniture shops, and clothing stores all reported a rise in sales, but these gains were offset by falling food sales and in department stores where retailers say higher prices hit trading.”

Represent will launch a collaboration with Metallica on 24 April with TikTok star Huddy starring in the campaign. The British luxury streetwear label said it “marks a full circle moment” for the brand”.

Klarna’s exploration of AI has produced what it’s calling its Untrend Report. Produced using AI, it highlights the products that defy trends and it also focuses on AI as a way to help consumers shop more sustainably.

Nordstrom said the founding family behind the retailer had shown an interest in pursuing a potential go-private deal, prompting its board to form a special committee of independent directors to evaluate any proposal.