Première Vision Paris to introduce new segmentation from July 2023 Translated by Nicola Mira The Première Vision Paris show is planning major changes from July 2023, in order to offer better clarity and support to industry professionals looking for materials…
Bangladesh forms minimum wage board for RMG workers By Fibre2Fashion The Bangladesh government recently formed the minimum wage board to review wages of the country’s readymade garment (RMG) workers. A ministry of labour and employment circular announced appointment of the…
Next confirms Cath Kidston acquisition for £8.5m NextCath Kidston Cath Kidston It added that the “cathkidston.com domain will be licenced back to the administrators for a period of up to 12 weeks to effect stock clearance, prior to relaunch under…
BasicNet’s revenue up 30% in first nine months of 2022 By Ansa Translated by Nicola Mira BasicNet, owner of sportswear brands Robe di KappaK-WaySuperga @kway In the first nine months of 2022, the Turin-based company paid dividends worth €6.1 million…
Aritzia reports record third-quarter revenue Canadian fashion retailer Aritzia announced on Wednesday a 37.8% increase in net revenue for the third quarter, due to continued growth across all channels and geographies. Aritzia reports record third quarter revenue. – Aritzia The…
Nike sales surge on North America, EMEA growth; earnings flat Nike Nike Analysts had expected $12.57 billion, according to IBES data from Refinitiv. The Portland, Oregon-based company said revenues for its Nike brand were $12.7 billion, up 18% on a reported…
Jott debuts in London’s Marylebone, plans Battersea Power Station Store L Catterton Jott Company chief Didier Lalance said that London “is a priority in the international development of Jott, and Marylebone is the first opening of many more to come…
Luxottica and Bulgari are not renewing their eyewear license agreement Translated by Cassidy STEPHENS LuxotticaBulgariLVMH Un modèle de lunettes Bulgari – luxottica.com “The two companies will continue to work together until their agreement expires at the end of the year,”…
Walmart sees lower 2023 performance in time of economic uncertainty By Reuters Walmart struck a cautious note in its economic outlook for 2023 on Tuesday as the retail bellwether forecast full-year earnings below estimates and warned that tight spending by…
Uniqlo launches global Next Generation Development Program for sports and creativity Fast RetailingUniqloNext Generation Uniqlo It’s described as “a unique new global effort by the company, designed to help young people around the world become their very best through sports…
