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Footwear

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Vegan sneakers in apple leather and recycled materials by Caval

Vegan sneakers in apple leather and recycled materials by Caval

Well known for its mismatched sneakers, the Caval brand has announced the June launch of a new unisex collection made of apple leather, a recycled substitute for traditional leather that is also vegan.
Fashion
Lockdown students ride to fashion's rescue with spending boost - Kantar

Lockdown students ride to fashion's rescue with spending boost - Kantar

Fashion may have struggled to gain traction with cautious consumers during the UK lockdown but one key group has been buying enthusiastically — students.
Fashion
Frasers Group eyes June reopening and reviews furlough wages

Frasers Group eyes June reopening and reviews furlough wages

In a letter sent to staff, CEO Mike Ashley said that stores could start to reopen from 1 June and revealed that most employees will continue to receive 100% of their pay during May.
Fashion
Fast Retailing to shutter GU brand in South Korea

Fast Retailing to shutter GU brand in South Korea

Fast Retailing said on Friday that it’s pulling its GU chain out of the South Korean market later this summer. It will close all three of its GU stores in the country, less than two years after it opened there.
Fashion
Target to close up to 75 stores in Australia, convert more to Kmart

Target to close up to 75 stores in Australia, convert more to Kmart

Australian discount department store retailer Target could see up to 75 of its stores being closed and many others converted to another of its owner’s banners. Over 1,000 jobs will be affected, owner Wesfarmers said.
Fashion
Moss Bros reluctant suitor appeals Takeover Panel ruling

Moss Bros reluctant suitor appeals Takeover Panel ruling

The Moss Bros takeover saga is continuing with its now-unwilling suitor saying it will appeal against a ruling telling it the deal must go ahead.
Fashion
Deckers sees sales and profits slip in Q4

Deckers sees sales and profits slip in Q4

The Goleta, California-based footwear, accessories and apparel company announced declines in its fourth-quarter sales and earnings on Thursday, a disappointing conclusion to an otherwise strong year.
Fashion
Rent the Runway seeking $25 million in funding round

Rent the Runway seeking $25 million in funding round

The digital-first fashion rental service is reportedly seeking $25 million in its latest funding round, which would see the company valued at approximately $750 million, under a previous valuation of $1 billion.
Fashion
Lululemon, TJX, The Outlets at Tejon begin store reopening

Lululemon, TJX, The Outlets at Tejon begin store reopening

Brands such as Lululemon are gradually starting to welcome guests back to select locations, as well as major retailers and malls, including TJX and The Outlets at Tejon, in California. 
Fashion
Clarks to cut 900 office jobs, 160 redundancies this week

Clarks to cut 900 office jobs, 160 redundancies this week

Struggling footwear giant Clarks is to cut around 900 office jobs as the 195-year-old retailer tries to revitalise a business that has been struggling for some time.
Fashion
M&S gets serious about e-tail with new initiatives to boost fashion e-sales

M&S gets serious about e-tail with new initiatives to boost fashion e-sales

M&S has named a new e-tail head as it works on a £1bn recovery plan that involves ramping up its e-tail operations, selling clothing via Ocado and adding third-party brands to its webstore and physical shops.
Fashion
IKKS names Ludovic Manzon as CEO

IKKS names Ludovic Manzon as CEO

French brand IKKS has found a successor for former CEO Pierre-André Cauche. Ludovic Manzon steps into the role after having been CEO of lingerie brand Sloggi since 2016.
Fashion
Topshop's Cuthbertson to be Ted Baker's new creative director

Topshop's Cuthbertson to be Ted Baker's new creative director

Ted Baker has seen plenty of change at the top lately and it’s not slowing down just yet. On Wednesday the company said that Anthony Cuthbertson is to join as its new global creative director.
Fashion
Sisley opens new store concept in Treviso

Sisley opens new store concept in Treviso

Benetton Group’s Sisley brand has this week unveiled its renovated store in Via XX Settembre, in the heart of Treviso, Italy. It was designed by architect Tobia Scarpa.
Fashion
Moss Bros bidder can't walk away from takeover deal

Moss Bros bidder can't walk away from takeover deal

Moss Bros’s reluctant suitor, Brigadier Acquisition Company, has been told by the UK’s Takeover Panel that it can't walk away from its £22.6 million bid for the menswear company.
Fashion
M&S to hibernate £200m "stock bulge", lockdown sales drop but reshaping plan on track

M&S to hibernate £200m "stock bulge", lockdown sales drop but reshaping plan on track

M&S has plans to hibernate some of its SS20 stock as it reveals a big sales hit due to the pandemic. But the firm is upbeat and says Clothing & Home is progressing, even though fashion retail will change post-crisis.
Fashion