Business

Adidas forecasts strong top-line recovery in 2021

Currency-neutral revenues increase 27 percent at Adidas with footwear up 31 percent driven by double-digit gains in the training, running, outdoor and lifestyle categories. In euro terms, the company’s revenues grew 20 percent to 5.268 billion euros. “We are fast out of the gate in the first year of our new strategic cycle, with excellent...

1 hour ago

Fashion

Hollister Co launches fashion brand with Charli and Dixie D’Amelio

Hollister Co., a division of Abercrombie and Fitch Co., is co-creating an apparel brand with social media personalities Charli and Dixie D’Amelio. Social Tourist will debut exclusively in Hollister stores and online on May 20 and is described by the retailer as a “trend-forward” brand that has been “imagined and inspired by Charli and Dixie’s...

17 hours ago

Business

Kontoor Brands reports strong Q1, raises FY21 forecast

Kontoor Brands, Inc. reported revenue increase to 652 million dollars, up 29 percent on a reported basis and 27 percent in constant currency for the first quarter. Compared to adjusted revenue in the first quarter of 2019, reported revenue increased 3 percent. “The strong performance in the quarter was broad-based, as evidenced by improving...

18 hours ago

Business

Tapestry reports 19 percent sales increase, returns to profit

Net sales at Tapestry Inc. totalled 1.27 billion dollars for the third quarter compared to 1.07 billion dollars in the prior year, representing a 19 percent increase. Commenting on the third quarter results, Joanne Crevoiserat, chief executive officer of Tapestry, said: “Through a sharpened focus on the consumer, we fueled new customer...

20 hours ago

People

Sainsbury’s names former John Lewis MD as clothing director

Sainsbury’s has appointed former John Lewis managing director Paula Nickolds as its new general merchandise and clothing commercial director. In her new role, which begins June, Nickolds will be responsible for the commercial success of Sainsbury’s 7.8 billion pound general merchandise and clothing business which includes Sainsbury’s general...

20 hours ago

Retail

Debenhams confirms closing date of final 49 stores

Debenhams has confirmed its remaining 49 stores will permanently close on either May 12 or 15. It comes after the retailer temporarily reopened its stores in England and Wales when lockdown eased last month to complete its final closing down sale. The fashion retailer had already announced the permanent closure dates of 52 stores up to Saturday...

21 hours ago

Business |Interview

Harold Tillman calls for more support for creative talent

Harold Tillman, the British Fashion Council’s longest-serving chairman from 2008 to 2014 and the previous owner of fashion retailer Jaeger, is calling on the government to “save the bright, young minds” of our creative industry. The pandemic has hit the world of fashion, design and creative arts hard, especially those in higher education,...

22 hours ago

Fashion

Browns Focus returns to highlight emerging talent

Luxury boutique retailer Browns is relaunching its emerging talent spotlight, ‘Browns Focus,’ with Series One featuring Conner Ives, Maximilian, Mariah Esa, Commission, Bianca Saunders, Labrum, Ludeur, Saul Nash and Tsau. The initiative aims to celebrate not only new talent but also to highlight Browns’ legacy at nurturing innovative designers...

22 hours ago

More News

Fashion

Fall/Winter 2021 macro theme: Uber refined vintage

Trendstop brings FashionUnited readers a key, early mainstream macro theme for Fall Winter 2022, Uber Refined Vintage. Vintage revival trends continue to evolve as traditional colour palettes, print ideas and shapes are revisited and reinterpreted through a modern lens. As consumers seek comfort in nostalgia and move towards a more investment...

4 minutes ago

Business

Uniqlo Japan posts April same-store sales growth of 84.5 percent

April 2021 same-store sales including online sales increased by 84.5 percent at Uniqlo Japan, part of the Fast Retailing Group. The company said, total sales including online sales increased by 92.1 percent. The company added that same-store sales rose considerably year on year in April compared to a much weaker period in the previous year....

37 minutes ago

Business

Global Design Graduate Show 2021 opens applications

The Global Design Graduate Show is returning for a second year to celebrate all art and design students, undergraduate and postgraduate, graduating in 2021. The showcase, launched by Artsthread in response to the Covid-19 pandemic cancelling end of year graduate showcases in 2020, is again teaming up with Gucci to highlight graduate talent. Last...

1 day ago

Fashion

Brooks Brothers and Fila collaborate on tennis, streetwear collection

US clothing label Brooks Brothers and sportswear brand Fila have launched a limited-edition collection that includes apparel, footwear and accessories for both men and women. The collection items are available for a limited time on the websites of both companies and in select Brooks Brothers stores, according to a press release. Featuring...

5 May 2021