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Abercrombie & Fitch reveals new "getaway-inspired" store design concept

Abercrombie & Fitch reveals new "getaway-inspired" store design concept

​Abercrombie & Fitch on August 8 announced a “refreshing new store experience inspired by the brand’s intention of making every day feel as exceptional as the start of a long weekend”. 
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Holzweiler gets Sequoia Capital investment boost, targets China, US and UK growth

Holzweiler gets Sequoia Capital investment boost, targets China, US and UK growth

​Norwegian fashion and lifestyle label Holzweiler has entered a “strategic partnership” with Sequoia Capital China, the latter having made a “significant investment” in the family-owned firm.
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Next in talks to buy 25% stake in troubled Joules

Next in talks to buy 25% stake in troubled Joules

​Next has been busy buying up stakes in both strong and struggling businesses and the latest example of the latter is Joules, at least according to a news report.
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US to retain top position in denim jeans market, but growth to slow

US to retain top position in denim jeans market, but growth to slow

The US will hold on to its leading position in the global denim jeans market, but its annual growth will be lower than the global average, according to Fibre2Fashion’s market insight tool TexPro.
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M&S named official tailor of England football teams

M&S named official tailor of England football teams

UK’s Marks & Spencer (M&S) has announced that it is the official tailor to the England senior men’s and football teams and the cup-winning women's team.
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Uniqlo's sister brand GU to open first Western store via US pop-up

Uniqlo's sister brand GU to open first Western store via US pop-up

Fast Retailing’s brand GU is targeting international growth and will open its first US store this fall. The company said it will debut in Soho, New York, and this “marks the first time the brand launches in the West”.
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Jane Fonda fronts key activewear brand launch for H&M

Jane Fonda fronts key activewear brand launch for H&M

​H&M has launched a new line, called H&M Move, via which it’s inviting “the whole world to move together with Jane Fonda and JaQuel Knight”.
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Finland’s Marimekko to launch marketplace for second-hand goods

Finland’s Marimekko to launch marketplace for second-hand goods

Finnish lifestyle design company Marimekko is planning to launch a community-driven marketplace for its vintage and second-hand goods, Marimekko Pre-loved, on August 25.
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Adidas posts 28% decline in Q2 operating profit despite sales increase

Adidas posts 28% decline in Q2 operating profit despite sales increase

​Adidas on August 4 said operating profit fell by 28% in Q2 to €392 million, as results suffered from it suspending business in Russia, higher supply chain costs and COVID-19 lockdowns in China and Vietnam.
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UK retailer Next lifts outlook on strong clothing demand

UK retailer Next lifts outlook on strong clothing demand

​Retailer Next, a mainstay of Britain's shopping streets, defied the economic gloom on Thursday to lift its full-year sales and profit forecasts after warm weather in June and July spurred better-than-expected trade.
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Zalando EBIT drops, but firm is upbeat as it adapts to current conditions

Zalando EBIT drops, but firm is upbeat as it adapts to current conditions

​After some disappointment in June as it downgraded guidance, on August 4 Zalando had better news. It “expects improved profitability and a return to growth in the second half”.
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US’s Highstreet and Jonathan Koon transform retail shopping into metaverse

US’s Highstreet and Jonathan Koon transform retail shopping into metaverse

Jonathan Koon, founder of Mostly Heard Rarely Seen 8-Bit, has teamed up with US-based Highstreet, the retail-focused web3 metaverse, to launch an experience linking traditional fashion retail with the metaverse.
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Hugo Boss sales increased 34% in Q2

Hugo Boss sales increased 34% in Q2

Germany-based Hugo Boss on August 3 confirmed earlier preliminary figures, saying currency-adjusted Group sales increased 34 per cent in the second quarter (Q2) of fiscal 2022 (FY22) compared to the prior-year period.
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Eurozone retail sales drop more than expected in June as prices rise

Eurozone retail sales drop more than expected in June as prices rise

Euro zone retail sales plunged more than expected in June as prices at factory gates continued to rise, data showed Wednesday, signalling a weakness in consumer demand that could herald a recession in H2.
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Russians flock to H&M as fashion retailer opens stores to sell inventory

Russians flock to H&M as fashion retailer opens stores to sell inventory

A long queue of Russians snaked through a Moscow shopping centre on Tuesday, waiting to get into H&M as the fashion retailer flung open its doors for a final time to sell inventory before making a full exit from Russia.
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Polish clothing retailer LPP launches logistics business

Polish clothing retailer LPP launches logistics business

Polish apparel company LPP has launched a new business to manage the retailer's logistics network, starting in August, the company said on Tuesday.
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