×

Accessories

The latest news

H&M powers ahead in Q1, but Covid-19 sends Q2 into reverse

H&M powers ahead in Q1, but Covid-19 sends Q2 into reverse

Q1 was a good time for H&M and its profits leapt ahead. But Q2 will be loss-making with sales dropping 46% during March as shops in its key markets shut their doors. 
Fashion
AEO, Caleres and Lululemon implement cost-cutting initiatives to stay afloat during Covid-19 pandemic

AEO, Caleres and Lululemon implement cost-cutting initiatives to stay afloat during Covid-19 pandemic

As it becomes clear that store closures will continue for longer than anticipated, companies including AEO, Caleres, Lululemon and Ulta Beauty have announced further measures to preserve their financial liquidity.
Fashion
VF Corp names Nina Flood to key Eastpak role, Paula Gozzo moves up at Kipling

VF Corp names Nina Flood to key Eastpak role, Paula Gozzo moves up at Kipling

VF Corp has named Nina Flood as President of its Eastpak brand with the new chief being based in Antwerp, Belgium, where the brand’s marketing and sales operations are based. 
Fashion
Mango launches livestreamed Home Sessions concerts via Instagram

Mango launches livestreamed Home Sessions concerts via Instagram

Mango is launching a lockdown initiative called Home Sessions, a series of livestreamed concerts. The first happens at 6 pm on Thursday with Marta Knight performing live from her home via the Mango Instagram channel.
Fashion
Next wants to sell and lease back HQ and warehouses to raise cash

Next wants to sell and lease back HQ and warehouses to raise cash

The company thinks that it could potentially rise up to £100 million in the sale of the properties as it works to conserve as much cash as possible in the current coronavirus crisis.
Fashion
Paris June trade shows cancelled due to Covid-19

Paris June trade shows cancelled due to Covid-19

The organisers of the fashion trade shows usually held in Paris in June have published a joint release announcing their cancellation due to the "unprecedented context of the global health crisis."
Fashion
Fashion: creating unique content, not clothes, as a morale booster during the Covid-19 pandemic

Fashion: creating unique content, not clothes, as a morale booster during the Covid-19 pandemic

Fashion houses have begun reaching out to their massive global communities via social media to encourage creativity at home, healthy living and inter-connectivity during the global lockdown caused by coronavirus.
Fashion
Belgian luggage brand Kipling names Markus Hamm head of EMEA

Belgian luggage brand Kipling names Markus Hamm head of EMEA

The brand owned by VF Corp. has appointed Eastpak’s former global head of sales as its new vice-president and general manager EMEA.
Fashion
Frasers Group execs take big pay cut as crisis continues

Frasers Group execs take big pay cut as crisis continues

Frasers Group, the owner of Sports Direct, Flannels, Jack Wills and House of Fraser, has said that its executive team will take lower salaries during the coronavirus crisis.
Fashion
Guess furloughs half U.S. and Canada corporate staff, stores closed indefinitely

Guess furloughs half U.S. and Canada corporate staff, stores closed indefinitely

Guess is the latest American fashion retailer to announce that it is furloughing a significant part of its store and head office employees, as the Covid-19 crisis forces its stores to stay closed indefinitely. 
Fashion
Crocs, G-III and Ascena announce further measures to deal with coronavirus crisis

Crocs, G-III and Ascena announce further measures to deal with coronavirus crisis

Extended store closures, furlough programs and base salary reductions are just some of the measures announced by U.S.-based fashion retailers such as Crocs, Ascena and G-III since the start of the week.
Fashion
M&S to see fashion sales plunge say analysts

M&S to see fashion sales plunge say analysts

Analysts at Goldman Sachs have said they expect clothing & home division sales at Marks & Spencer to fall by up to 60% in the three months to the end of June. 
Fashion
Zalando makes Connected Retail deal more affordable to support physical stores

Zalando makes Connected Retail deal more affordable to support physical stores

Zalando has announced an expansion of its Connected Retail program to help physical shops continue their businesses during the coronavirus crisis. 
Fashion
Iconix slips deeper into loss

Iconix slips deeper into loss

The New York-based brand management company announced a net loss of $95.0 million in the fourth quarter on Monday, widening from the loss of $69.1 million reported by the group in the same period in the previous year.
Fashion
Brooks Brothers to start manufacturing masks to fight spread of coronavirus

Brooks Brothers to start manufacturing masks to fight spread of coronavirus

As the Covid-19 pandemic continues, the historic American fashion retailer announced on Monday that it will begin manufacturing up to 150,000 surgical masks per day in its U.S.-based factories.
Fashion
Arcadia pauses pension top-ups to conserve cash

Arcadia pauses pension top-ups to conserve cash

Like many other companies, Arcadia is taking steps to preserve liquidity to ensure it can survive amid temporary store closures and uncertainty. The top-ups will be deferred for at least three months.
Fashion