British mall operator Hammerson on Thursday projected higher annual earnings as more people visited its malls in since lockdown restrictions were eased and performance at its luxury outlets was better than expected.
Clarks has negotiated a deal to end an eight-week strike at its warehouse in Somerset. The UK footwear manufacturer/retailer has settled a dispute with around 100 workers over a controversial ‘fire and rehire’ plan.
New Look is deepening its commitment to transparency and following the launch of the New Look x Re-Fashion collaboration last month, it has linked with Evrythng and its Product Cloud that manages digital identities.
We may be seeing something of a mini store opening boom at the moment, but huge numbers of stores belonging to failed businesses remain empty and that can be seen clearly from the large number of vacant Arcadia sites.
In a further sign of just how big the Gymshark brand has become in just a short period of time, news emerged on Wednesday that the label is to open its first flagship store in a prime spot on Regent Street next summer.
The owner of the Tommy Hilfiger and Calvin Klein brands announced a year-over-year increase of 10% in its third-quarter revenue on Wednesday, with progress driven by the company’s wholesale operations.
The fashion events calendar is struggling to get back to some sort of normality as UK lockdowns end while the pandemic rumbles on, and the menswear edition of London Fashion Week is being affected by this.
The parent company of brands including Donna Karan, DKNY and Sonia Rykiel has reported net sales of $1.02 billion for Q3, reflecting a 22.8% increase from $826.6 million in the same period in the previous year.