Spanish fashion retail giant Inditex said Tuesday Marta Ortega, the daughter of its founder, will take over as chairwoman in April with a new CEO, as a last step of a generational handover started a decade ago.
Womenswear e-tailer Sosandar’s H1 results on Tuesday showed the business continues to thrive. It has enjoyed strong SS21 and autumn trading and has even seen its “first EBITDA-positive months” in October and November.
As the online marketplace continues to build out its authentication services, it has acquired the New York-based event organizer and sneakerhead platform’s authentication business for an undisclosed sum.
According to the Retviews analytical solution by Lectra, the Danish womenswear label has carved a prime niche for itself among other premium fashion brands thanks to its product range strategy and unique positioning.
The BFC promised a new and different experience for The Fashion Awards on Monday night and it justified the hype. Yet it was also a sad event given the news of the death of 'leaders of change' honouree Virgil Abloh.
U.S. retailers are estimated to generate online sales of up to $11.3 bn on Cyber Monday, a decline from a year earlier as fewer discounts and limited choices due to global supply chain disruptions deter shoppers.
It’s being billed as an “exciting new era of Thomas Pink”. Although there has been no official announcement, “English shirting from the heart of London for life in the 21st Century” is back as a pureplay digital store.
It was record-breaking Black Friday trading for Shopify merchants, the global payments processing platform’s sales data shows, with apparel & accessories the top product category both globally and in the UK.
UK home and fashion retailer Joe Browns has moved into kidswear, launching a trial capsule collection. The retailer said the new new line supports its wider ambitions “to deliver £100 million sales by 2026”.
A good week-on-week gain, but still well below pre-pandemic numbers. That was Black Friday (26 November) shopper traffic numbers across the UK. Footfall was 35% higher week-on-week, but still down 23% on two years ago.