The Department for International Trade (DIT) has announced new trade measures for the consumer and retail industry to help support businesses impacted by the coronavirus pandemic. The ‘bounce-back’ plan, announced by the exports minister includes new measures to “help boost exports and increase British […]

Almost one-fifth of SMEs don’t think they’d survive another lockdown and would be forced to stop trading permanently if one came into effect, according to a new report by small business insurer Simply Business. The study spoke to more than 500 SME owners across the UK and also found that a third (32 […]

Lululemon Athletica inc., for the second quarter ended August 2, 2020 reported net revenues of 902.9 million dollars, an increase of 2 percent, while on a constant dollar basis, net revenue increased 3 percent. The company said in a statement that company-operated stores net revenue was 287.2 million […]

LVMH Group has appointed Martin Brok as the new President and CEO of Sephora, effective September 14, 2020, reporting to Chris de Lapuente. The company said in a statement that Lapuente remains a member of the LVMH Comex and will take on additional responsibilities within the Group, to be announced […]

HanesBrands has announced the appointment of Kristin L. Oliver to the position of Chief Human Resources Officer, effective today. The company said in a statement that Oliver will have responsibility for all HanesBrands human resources functions globally and will report to Chief Executive Officer Stephen […]

Total revenue at JD Sports Fashion plc decreased by 6.5 percent in the first half period to 2,544.9 million pounds (3,345.8 million dollars) including 4.6 percent drop in Sports Fashion category to 2,402.4 million pounds (3,158.4 million) and 30.2 percent sales in decline in Outdoor category to 142.5 […]

September is the month of fashion trade shows. Thirty-two to be exact, according to listings on France’s trade publication Modem. This week would have seen Coterie in New York, CPM in Moscow, followed by Première Vision in Paris and many others. The majority have been cancelled or repositioned into […]

SMCP, the parent company of Parisian labels Sandro, Maje, Claudie Pierlot and De Fursac, has swung to a loss in the first half of the year due to Covid-19, but says it has implemented a number of cost-cutting measures to ride out the pandemic. The French premium fashion group reported a loss of 88.5 […]

Reiner Pichler, CEO of Calida Group, is stepping down. The company said in a statement that he intends to devote his time to new tasks that will allow him a more flexible organization of work without requiring a full-time presence. Commenting on Pichler’s decision, Hans-Kristian Hoejsgaard, Chairman […]

For its second quarter, Tilly’s, Inc., total net sales were 135.8 million dollars, a decrease of 25.9 million dollars or 16 percent compared to last year. The company said in a statement that net sales from physical stores were 83.9 million dollars, a decrease of 55.1 million dollars or 39.6 percent, […]

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