headlines
LVMH sales growth slips on luxury spending slowdown
LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousands of dollars on handbags and other accessories.
Luxury
Business
Tough times continue at Dr Martens, CEO to step down this year
Dr Martens issued an update on Tuesday that detailed the ongoing challenges at the business. But in headline-grabbing news, it also said its CEO is to step down.
Fashion
Appointments
Radical Superdry survival plan is unveiled, aims to avoid administration
It may not come as a surprise after news was leaked on Monday, but on Tuesday morning Superdry unveiled its new proposals for a restructuring, plus plans for an equity raise and to delist from the stock exchange.
Fashion
Business
Now Ted Baker's US partner is said to be eyeing UK and Europe ops
Shortly after news that Next and Frasers Group may be interested in Ted Baker’s UK and Europe retail assets, it has emerged that the brand’s US partner could also be looking at them.
Fashion
Retail
Frasers Group to acquire Dutch chain Twin Sport as it targets EMEA growth
Frasers Group continues to make acquisitions with the firm that may be best known for its huge UK operations also growing internationally and looking across the channel at Europe.
Fashion
Retail
The latest news
headlines
LVMH sales growth slips on luxury spending slowdown
LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousands of dollars on handbags and other accessories.
Luxury
Business
Tough times continue at Dr Martens, CEO to step down this year
Dr Martens issued an update on Tuesday that detailed the ongoing challenges at the business. But in headline-grabbing news, it also said its CEO is to step down.
Fashion
Appointments
Radical Superdry survival plan is unveiled, aims to avoid administration
It may not come as a surprise after news was leaked on Monday, but on Tuesday morning Superdry unveiled its new proposals for a restructuring, plus plans for an equity raise and to delist from the stock exchange.
Fashion
Business
Now Ted Baker's US partner is said to be eyeing UK and Europe ops
Shortly after news that Next and Frasers Group may be interested in Ted Baker’s UK and Europe retail assets, it has emerged that the brand’s US partner could also be looking at them.
Fashion
Retail
Frasers Group to acquire Dutch chain Twin Sport as it targets EMEA growth
Frasers Group continues to make acquisitions with the firm that may be best known for its huge UK operations also growing internationally and looking across the channel at Europe.
Fashion
Retail
Business
Adidas raises earnings guidance after strong first quarter
Adidas on Tuesday raised its 2024 profit outlook after what the German sportswear giant said was a better than expected first quarter.
Fashion
Business
LVMH sales growth slips on luxury spending slowdown
LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousands of dollars on handbags and other accessories.
Luxury
Business
Shoe Zone's Anthony Smith steps down from board "to focus on business"
In the briefest of notifications to the London Stock Exchange (50 words) Shoe Zone announced Tuesday its CEO Anthony Smith has stepped down from its board “to... focus on the day to day running of the business”.
Fashion
Appointments
Sosandar sales continue to rise as it preps move into physical stores
Sosandar’s full-year trading update on Tuesday was upbeat, as usual, although as the company gets bigger, the giant double (and even triple) digit leaps of the past are securely in the rearview mirror.
Fashion
Business
Trade shows
Paul Smith will open next Pitti Uomo with latest collection
Paul Smith is expected to make an impact this June as the British designer opens the 106th Pitti Immagine Uomo with the launch of his SS25 collection.
Fashion
Trade shows
Shanghai’s big textile trade shows open on cautiously optimistic note
The Intertextile show, with 3,000 fabric producers exhibiting, and the Chic show, with its 1,200 apparel manufacturers, kicked off on March 6 amidst hopes of renewed growth in Western and Chinese demand.
Fashion
Trade shows
Spring and Autumn Fairs form advisory board to develop and grow events
UK trade shows Spring & Autumn Fair have created a new Advisory Board “to drive the continuous enhancement of the two shows and ensure that UK retail has a thriving marketplace in which to do business”.
Fashion
Industry
ITM and Texhibition trade shows scheduled in Istanbul on March 4-8
The ITM textile machinery show and the Texhibition yarns and fabrics show will be held in Istanbul at the beginning of March, respectively featuring 1,200 and 400 exhibitors.
Fashion
Trade shows
