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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
New rental service The Devout to launch this month

New rental service The Devout to launch this month

British start-up The Devout is launching a fashion rental subscription, offering consumers the option to pay £79 a month to get five items of their choice from a selection of premium brands.
Fashion
Kering takes public stand against racism: contributes to NAACP and to Campaign Zero

Kering takes public stand against racism: contributes to NAACP and to Campaign Zero

Kering, one of the largest luxury groups on the planet, has made financial commitment to fight racism, with contributions to the NAACP and to Campaign Zero – following eight days of protests in multiple American cities.
Fashion
Consumers not interested in shopping but do want to socialise says Kantar

Consumers not interested in shopping but do want to socialise says Kantar

UK consumers are looking forward to socialising and taking part in plenty of activities that have been banned during the lockdown and this could bode well for future fashion purchases, new figures have shown this week.
Fashion
Rugby-inspired Eden Park launches dedicated online store for US market

Rugby-inspired Eden Park launches dedicated online store for US market

Eden Park, the high-end French label inspired by rugby, has launched an online store dedicated to the United States. The e-tail store marks a first step by Eden Park into the sportswear market in the US.
Fashion
Reebok links with ba&sh for urban dance-focused capsule collection

Reebok links with ba&sh for urban dance-focused capsule collection

Reebok has linked up with premium French womenswear brand ba&sh on an exclusive capsule collection called Pas de Deux.
Fashion
French Connection and Arcadia brands top markdown list

French Connection and Arcadia brands top markdown list

As fashion retail gets ready for a deluge of discounts once stores reopen, many retailers are already cutting prices with French Connection and a quartet of Arcadia labels leading the charge.
Fashion
Global luxury labels joining Alibaba sales event have doubled

Global luxury labels joining Alibaba sales event have doubled

Alibaba's 6.18 Mid-Year Shopping Festival (running on Tmall and Taobao) has seen a luxury surge. Almost double the number of luxury brands are participating compared to the last big event, 2019’s Singles Day in November
Fashion
Coronavirus clearance sales drive UK retail prices down sharply

Coronavirus clearance sales drive UK retail prices down sharply

UK retail prices, especially fashion, fell at their fastest pace in 14 years last month as a result of the coronavirus crisis and more of the same is expected as reopenings mean mega clearance sales.
Fashion