China’s consumers keep their wallets in lockdown as COVID curbs ease By Reuters API China’s sputtering economy has a lot riding on its consumers, who are just now emerging from lockdowns in Shanghai and other big cities. But those hopes…
Columbia Sportswear H1 sales up 12%, Q2 sales volumes hit hard by China, Russia Columbia Columbia Sportswear The Portland, Oregon-based company said quarterly net sales inched forward 2% to $578.1 million, on the back of growth across the U.S., Canada,…
Google’s Wing to test drone delivery in Ireland Translated by Nicola Mira A few weeks ago, Wing, one of Alphabet’s divisions, introduced its drone delivery service in the USA, and is now ready to test this service again in Europe. After…
Mike Ashley’s Frasers ramps up stake in Asos By Reuters API UK businessman Mike AshleyAsos Topshop/Topman The billionaire’s sportswear and fashion retail company, Frasers Group Plc, notified Asos on Friday that it had become a significant shareholder in the company, the…
ThredUp launches vintage collection with Heinz ketchup Online resale platform ThredUp is teaming up with Heinz ketchup to launch a first-of-its-kind fashion collection of thrifted clothes with ketchup stains. ThredUp launches vintage collection with Heinz ketchup. – ThredUp Dubbed the…
Footwear show Micam to stage promo tour in Berlin, Seoul, Brussels Translated by Nicola Mira Micam’s international promotional tour will start on December 1 in Berlin, then continue on to Seoul and Brussels, giving local businesses the opportunity to learn…
Next in talks to buy 25% stake in troubled Joules NextJoules Joules The fashion, homewares and beauty retailer is in talks with Joules to buy a 25% stake, with negotiations having gone on for several weeks. There was speculation after…
Aritzia Q1 sales, earnings surge Canadian fashion retailer Aritzia Inc. announced on Thursday a 65% surge in net revenues for the first quarter, on the back of strong growth across all channels and geographies. Aritzia The Vancouver-based company said net…
Skechers upsizes at Springfields Outlet as demand soars US casual and sports footwear giant Skechers Skechers/SpringfieldsOutlet and Leisure Growing from 2,048 sq ft to 4,241 sq ft, Sketchers cited “the need to satisfy ongoing growth in demand” at the outlet…
IKKS exec exits; joins Aigle as general manager Translated by Cassidy STEPHENS AigleParis Fashion WeekEtudes Valérie Dassier new general manager of Aigle – DR Aigle, owned by the MF Brands group, which houses fashion labels from the Swiss company Maus…
