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​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
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
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
Lacoste unveils collab collection with rock star Bruno Mars

Lacoste unveils collab collection with rock star Bruno Mars

Lacoste has channelled the inner alter ego of rock star Bruno Mars, a figure named Ricky Regal, in its latest collaboration, revealed this weekend in Los Angeles.
Fashion
£5bn funding due in Budget to get stores up and running again

£5bn funding due in Budget to get stores up and running again

This week’s UK Budget is set to include £5 billion of funding for grants (known as restart grants) to struggling businesses, including shops and salons.
Fashion
Wolverine Worldwide posts quarterly loss of $171 million

Wolverine Worldwide posts quarterly loss of $171 million

The Rockford, Michigan-based outdoor and active apparel and footwear company reported a Q4 net loss of $170.7 million on Thursday, as quarterly revenues fell 16.1% year over year.
Fashion
Quiksilver launches campaign to support womenswear's new direction

Quiksilver launches campaign to support womenswear's new direction

​Quiksilver has rebooted its approach to womenswear marketing and has unveiled a new direction and a new creative to support the latest womenswear range.
Fashion
Running boom to help Puma recover after slow start

Running boom to help Puma recover after slow start

German sportswear company Puma expects the financial impact from coronavirus lockdowns to last well into the second quarter, but believes global growth in running should help to support a strong improvement after that.
Fashion
Icebreaker's GM of Europe becomes global brand president

Icebreaker's GM of Europe becomes global brand president

Having held the position of general manager of the Europe, Middle East and Africa zone at the business since 2019, Jan Van Mossevelde is becoming global brand president of the VF Corp-owned merino wool specialist. 
Fashion
VF Corp allocates 493 million euros to sustainability initiatives

VF Corp allocates 493 million euros to sustainability initiatives

The Denver, Colorado-based owner of brands including Vans, The North Face and Timberland, has announced that it has allocated all of the net proceeds from its inaugural green bond to 13 of its sustainability projects.
Fashion
Foot Locker to invest $275 million in 2021, with focus on digital

Foot Locker to invest $275 million in 2021, with focus on digital

The American footwear and athletic apparel retailer announced its capital allocation program for 2021 on Wednesday, revealing plans to invest $275 million over the course of the year, with an emphasis on digital growth.
Fashion
Apex Global Brands to be acquired by Galaxy Universal

Apex Global Brands to be acquired by Galaxy Universal

The Californian brand management company, whose portfolio includes Cherokee, Hi-Tec, and Interceptor, announced on Tuesday that it has entered into an agreement to be acquired by Galaxy Universal LLC.
Fashion
Columbia Sportswear posts 18% drop in sales in 2020

Columbia Sportswear posts 18% drop in sales in 2020

The American sports apparel and equipment company has reported an 18% decrease in its annual global sales, which totaled $2.5 billion last year. In the U.S., sales fell 17% to $1.6 billion. 
Fashion
Adidas plans to sell struggling Reebok brand

Adidas plans to sell struggling Reebok brand

German sportswear maker Adidas AG plans to sell or spin-off its underperforming Reebok brand, 15 years after it bought the U.S. fitness label to help compete with arch-rival Nike Inc.
Fashion
​Sports Direct to anchor revitalised Lexicon mall in Bracknell

​Sports Direct to anchor revitalised Lexicon mall in Bracknell

It’s big and it’s playing a big part in Bracknell’s revitalisation. Frasers Group is to become an anchor destination at the £30 million redevelopment of The Lexicon mall in the Berkshire town with a 40,000 sq ft store.
Fashion
New York Fashion Week Day Two: Pride and Volume

New York Fashion Week Day Two: Pride and Volume

No one could fault the latest crop of designer showing, in New York, for effort. In a busy Monday, with almost 30 collections, their arty videos and polished ideas were a reminder of how hard  people have been working.
Fashion