Business

Wolverine Worldwide lowers FY outlook after missing on revenue

Wolverine Worldwide has cut its full-year revenue outlook after missing its expectation in the second quarter of the year. In the three months to July 2, the US company made revenue of 713.6 million dollars, up 12.9 percent from the prior year and up 25.5 percent from two years ago. Its international business performed particularly well, with...

11 hours ago

Culture |Jewellery

Van Cleef & Arpels to exhibit jewels at the Design Museum

Fine jeweller Van Cleef & Arpels has announced that it will showcase a free exhibition at the Design Museum in London opening in September. ‘The Art of Movement’ exhibition will run from September 23 to October 20 and will feature almost a hundred creations from its patrimonial collection, alongside archive documents and private collector's...

11 hours ago

Business

Dutch retail giant Ahold Delhaize postpones IPO of Bol.com

Dutch retailer Ahold Delhaize has announced the postponement of its planned IPO of e-tailer Bol.com. The company had originally planned for an IPO in the second half of the current fiscal year, but has now said it will “revisit” the plan “when equity market conditions are more conducive”. The news came as Ahold reported net sales of 21.4 billion...

12 hours ago

Fashion |In Pictures

Revolve launches extended size collection with Remi Bader

Online retailer Revolve is launching its first extended size collection in collaboration with influencer and curve model Remi Bader on August 10. The initial Remi x Revolve collection will feature 15 styles in sizes XXS to 4X on Revolve.com, with a second drop to follow in September, which will include a special activation during New York...

13 hours ago

Fashion

Menswear brand Gomorrah launches compostable fashion collection

Biodegradable fashion could play a key factor in the industry’s fight against waste and climate change. Many fabrics and materials are not biodegradable, even if the fabric’s origins would cause it to break down eventually, any treatments in the finishing process, like dying, processing and washing, may release hazardous chemicals and prevent...

13 hours ago

Business

Ralph Lauren Q1 revenue up 8 percent, beating estimates

Ralph Lauren beat revenue expectations in the first quarter of the year. The US fashion brand reported net revenue of 1.5 billion dollars, an increase of 8 percent compared to the previous year, or 13 percent on a constant currency basis. Breaking it down by geography, revenue in Ralph Lauren’s home market of North America was up 6 percent to...

9 Aug 2022

Business

Capri Holdings beats Q1 revenue, profit estimates

Michael Kors owner Capri Holdings made revenue of 1.36 billion dollars in the first quarter ended July 2, up 8.5 percent compared to last year, or up 15.2 percent on a constant currency basis. Breaking it down by brand, Michael Kors - the group’s biggest label - reported revenue of 913 million dollars, up 4.8 percent on last year. Meanwhile,...

9 Aug 2022

People

Japanese designer Issey Miyake dies, age 84

Famed fashion designer Issey Miyake, known for his pleated clothing technique, has died at 84. According to a statement from the Miyake Design Studio and the Issey Miyake Group to FashionUnited, Miyake passed away on August 5 surrounded by his closest friends and collaborators in a Tokyo hospital. He died of hepatocellular carcinoma. Born in...

9 Aug 2022

More News

Retail

How employee experience impacts customer experience?

It starts with a need for something new for your wardrobe. A customer might have an event coming up, just got a new job, or is just in the mood for some new clothes. Maybe they don’t have the time or patience for online shopping, but that’s where good old brick-and-mortar stores come in. Upon arrival at a store, a customer is typically greeted...

2 hours ago

Fashion

FW22 Ready-to-wear ad campaigns – the top ten

For FW22, ready-to-wear designers hired the world’s top industry professionals to create their all-important advertising campaigns. Amongst the up-and-coming names are many that have portfolios going back to the ‘eighties and ‘nineties. This includes photographers David Sims, Steven Meisel and Craig McDean; creative director Fabien Baron;...

7 hours ago

Fairs

BAV TAiLOR selected brand at CIFF SUSTAIN SS23

BAV TAiLOR has been selected as one of the brands hosted at CIFF Sustain area, a section entirely focused on sustainability and a dedicated area highlighting some of the international pioneer brands that are leading the way and contributing to transformation of the industry. Visit the holistic luxury sphere of BAV TAiLOR at stand Sustain...

9 hours ago

Fashion

Denmark’s Ministry of Environment wants companies to embrace circularity

The Ministry of Environment in Denmark has announced a sectoral agreement within the fashion and textile industry to require companies to recycle and use more recycled materials by 2030, as it looks to make the Danish textile industry more circular. Ten Danish clothing and textile companies, including Ganni, Bestseller, and Aiayu, and three...

12 hours ago