The Birmingham, Alabama-based sportswear and fashion retailer achieved net sales of $381.7 million in the third quarter, representing growth of 15.2% compared to $331.4 million in the same period in the previous year.
River island is boosting its presence abroad with the British fashion chain opening in Canada in a deal with major retailer The Bay that currently takes in the webstore but will be expanded to stores next year.
The luxury resale marketplace announced on Thursday that gross merchandise value on its platform totaled approximately $146 million in November, with growth driven by shopping holidays such as Black Friday.
In a further sign of just how big the Gymshark brand has become in just a short period of time, news emerged on Wednesday that the label is to open its first flagship store in a prime spot on Regent Street next summer.
After its central London launch, Monsoon has opened its second boutique concept store at Bluewater in Kent. The company is “bringing a fresh new store experience to customers as part of the regeneration of retail”.
The American owner of brands including Vans, The North Face and Supreme has appointed Nina Flood to the role of president of its global packs business, which brings together the Eastpak, JanSport and Kipling labels.
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.
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.