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Gap slashes forecast as inflation rips demand, Old Navy stumbles

Gap slashes forecast as inflation rips demand, Old Navy stumbles

Gap slashed its annual results forecast on Thursday, sending shares 13% lower after hours as the clothing retailer blamed poor fashion choices at its Old Navy line and weak demand in the face of decades-high inflation.
Fashion
Scalpers' sale on hold due to global economic uncertainty

Scalpers' sale on hold due to global economic uncertainty

Jaime Bergel and Pedro Sainz de Baranda, who both own 70% of the company, have decided to put the sale of their company on hold. The process began earlier this year, hiring investment bank Arcano to find buyers.
Fashion
Tammy Girl label sees comeback on ASOS

Tammy Girl label sees comeback on ASOS

​A popular tween brand from the 1990s has been revived with the return of Tammy Girl that has been relaunched by owner Daisy Street in a collaboration with ASOS.
Fashion
Cole Buxton adds new tech for "faster and better service"

Cole Buxton adds new tech for "faster and better service"

​Cole Buxton is introducing what it calls “queue busting” technology to support the UK luxury sportswear brand’s global physical expansion beyond its core digital model.
Fashion
John Lewis links with Thelittleloop kidswear rental platform

John Lewis links with Thelittleloop kidswear rental platform

​John Lewis is dipping its toe into the kidswear rental market via a trial link-up with Thelittleloop.com. It means Thelittleloop users will be able to add John Lewis items to their subscription plans. 
Fashion
Ted Baker results improve and year starts well, but still lots of work to do

Ted Baker results improve and year starts well, but still lots of work to do

​Ted Baker’s full-year preliminary results and Q1 update on Thursday showed “good sales momentum, improving gross margin and operating cost leverage” at the up-for-sale fashion retailer.
Fashion
Superdrug extends link-up with Skinnydip, adds more fashion

Superdrug extends link-up with Skinnydip, adds more fashion

​UK retailer Superdrug has extended its partnership with lifestyle brand Skinnydip after a successful trial period. It also means the beauty specialist will be selling more non-beauty products, including fashion.
Fashion
Fraser's sells US-based Bobs and Eastern Mountain Sports

Fraser's sells US-based Bobs and Eastern Mountain Sports

​Frasers Group said this week that it’s disposed of its US retail businesses, Bobs Stores and Eastern Mountain Sports (EMS), for a cash consideration of $70m to GoDigital Media Group (GDMG). 
Fashion
Amazon opens first clothing store in Los Angeles

Amazon opens first clothing store in Los Angeles

The first ‘Amazon Style’ store opened its doors on May 25 in the Glendale neighborhood of Los Angeles. The debut is stirring up a lot of buzz as the group discusses whether to open its own version of a department store. 
Fashion
Yeezy Gap by Balenciaga launch postponed after Texas school shooting

Yeezy Gap by Balenciaga launch postponed after Texas school shooting

Yeezy Gap Engineered by Balenciaga collection did not launch on Wednesday as originally planned, following a deadly shooting at an elementary school in Texas.
Fashion
JD Sports Fashion chief Cowgill steps down, interim chair and CEO take over

JD Sports Fashion chief Cowgill steps down, interim chair and CEO take over

​JD Sports Fashion announced on Wednesday that Peter Cowgill — its executive chairman and the man who has led it for years to its current massive size and market-leading position — is to step down.
Fashion
Mountain Warehouse launches marketplace for outdoor sector

Mountain Warehouse launches marketplace for outdoor sector

​Outdoor retailer Mountain Warehouse is the latest retail name to enter the marketplace channel with it launching a new marketplace on its webstore this week.
Fashion
Marco De Vincenzo is new Etro creative chief, accessories will be key

Marco De Vincenzo is new Etro creative chief, accessories will be key

​Etro, the luxury Italian label controlled by the L Catterton fund, has named Marco De Vincenzo as its new creative director. Starting early next month, he’ll be in charge of the women's, men's and home collections.
Fashion
Another day, another kit deal for Castore

Another day, another kit deal for Castore

​Castore has captured yet another major kit sponsorship deal. This time, the premium sportswear brand has signed Spanish side Sevilla FC to a multi-season partnership, becoming the La Liga club’s official kit supplier.
Fashion
The Vintage Store signs at Liverpool One for largest location yet

The Vintage Store signs at Liverpool One for largest location yet

​The Liverpool One mall goes from strength to strength. The Grosvenor operated shopping centre at the heart of the city has signed The Vintage Store, with the retailer opening its biggest UK store to date.
Fashion
Hotter owner Unbound releases more details of new platform

Hotter owner Unbound releases more details of new platform

Unbound Group has announced that its new online multi-brand retail platform will be powered by Mirakl, calling it “the industry’s first and most advanced enterprise marketplace SaaS platform”.
Fashion