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Retailer French Connection seeks buyout offers as suitor backs out

Retailer French Connection seeks buyout offers as suitor backs out

French Connection said on Tuesday it was mulling a sale and sought potential suitors as Spotlight Brands and Gordon Brothers backed out from making an offer to buy the struggling British fashion retailer.
Fashion
​Cash rich JD Sports ahead in race to buy Arcadia's key warehouse

​Cash rich JD Sports ahead in race to buy Arcadia's key warehouse

JD Sports Fashion may have lost out in the bidding race for some of Arcadia’s prime fashion brands but it has had more luck in the real estate stakes.
Fashion
Spanish unions cry foul as Inditex shuts stores

Spanish unions cry foul as Inditex shuts stores

Inditex staff in Spain say they are being forced out as the owner of fast-fashion brand Zara rolls out its plan to shut up to 1,200 stores worldwide, despite a company agreement with Spanish unions to project jobs.
Fashion
Jack Ma loses title as China's richest man after coming under Beijing's scrutiny

Jack Ma loses title as China's richest man after coming under Beijing's scrutiny

Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators.
Fashion
Boohoo defends supplier practices after report of possible U.S. import ban

Boohoo defends supplier practices after report of possible U.S. import ban

Boohoo defended its supplier practices again on Tuesday after a report said the online fashion retailer faced the possibility of a U.S. import ban due to allegations over the use of slave labour in supplier factories.
Fashion
Uniqlo February sales edge up, brand inks Japan tennis deal

Uniqlo February sales edge up, brand inks Japan tennis deal

​Fast Retailing’s Uniqlo chain had a slightly less impressive month in February than it has enjoyed of late with same-store sales up 0.4% year-on-year and total sales rising 1.3%.
Fashion
H&M unveils Simone Rocha campaign, focuses on uplifting themes

H&M unveils Simone Rocha campaign, focuses on uplifting themes

​H&M has unveiled its new campaign to support the Simone Rocha collaboration collection that debuts next week. It was shot by Tyler Mitchell “in his signature optimistic style”.
Fashion
Bestseller's Vero Moda and Name It embrace live-stream shopping

Bestseller's Vero Moda and Name It embrace live-stream shopping

​As more and more reports suggests that live-stream commerce will be key in this decade, Bestseller has embraced the trend and has just held live-stream events for two of its brands.
Fashion
Gucci launches collab with Tommey Walker’s Detroit vs. Everybody

Gucci launches collab with Tommey Walker’s Detroit vs. Everybody

As part of its Gucci Changemakers social impact initiative, the Italian luxury brand has released a collaborative t-shirt collection with designer Tommey Walker and his label Detroit vs. Everybody.
Fashion
Macy's appoints new chief information officer, streamlines leadership structure

Macy's appoints new chief information officer, streamlines leadership structure

The New York-based department store retailer announced on Monday that it has named Laura Miller as its new chief information officer and made a series of other senior leadership changes as part of its Polaris strategy.
Fashion
Foot Locker posts 5.7% decline in revenue in 2020

Foot Locker posts 5.7% decline in revenue in 2020

The American owner of stores including Foot Locker and Runners Point has announced revenue of $7.55 billion for 2020, down 5.7% from the previous year, while the company's net earnings fell 34% to $323 million. 
Fashion
IFM Master's students open Paris Fashion Week

IFM Master's students open Paris Fashion Week

Paris Fashion Week has never been the easiest of cities for young hopefuls, though that lacuna underwent a major shift on Monday, when the Master's students of the Institut Français de la Mode opened the runway season. 
Fashion
Model lives upended by Covid

Model lives upended by Covid

Normally, at this time of year, the world's fashionistas would have descended en masse on Paris for the latest womenswear collections. Instead, models are having to find new ways to keep their careers afloat.
Fashion
Nun 1970: made-in-Italy ethical womenswear label makes market debut

Nun 1970: made-in-Italy ethical womenswear label makes market debut

Nun 1970, founded by Egyptian businessman Hany Beshr and distributed by Livia Gregoretti’s showroom, has global plans for its Florence-designed line made in 100% traceable Mongolian cashmere by Italian producer Cariaggi.
Fashion
M&S launches youth work-placements scheme

M&S launches youth work-placements scheme

​After several years of having to announce job losses, Marks & Spencer had much brighter news Monday. The UK retail giant it is to hire 360 young people to provide skills and training in retail. 
Fashion
Former JD Sports exec buys Thomas Pink brand

Former JD Sports exec buys Thomas Pink brand

Failed upscale menswear retailer Pink Shirtmaker is set to make a return. The LVMH-owned brand, which went on the block before Christmas, has been bought by Nick Preston, a former JD Sports Fashion trading director.
Fashion