Clarks has reportedly kicked off talks with landlords over a rescue deal that could see the company close stores and cut rents. The British footwear retailer and its advisers are meeting with landlords this week to discuss a potential company voluntary arrangement (CVA) that could see its stores moved […]

British online retailer The Hut Group (THG) has increased its full-year outlook after reporting soaring sales for the third quarter of the year. In the three months ended 30 September, revenue at the Manchester-based company increased 38.6 percent to 378.1 million pounds compared with the previous year. […]

For the year ended March 31, 2020, Quiz, the omni-channel fashion brand said, group revenue decreased 10 percent to 118 million pounds reflecting challenges during the year as well as a sharp decline in March sales due to Covid-19 disruption. The company said in a statement that group gross margin was […]

Vinted, Europe’s online C2C marketplace dedicated to second-hand fashion has acquired United Wardrobe, second-hand fashion platform in the Netherlands to accelerate rapid expansion to new markets and extend their international footprint. The company said in a statement that with a combined member base […]

Man Repeller, the website founded by influencer Leandra Medine Cohen, will be ceasing operations. The news originally broke on Business of Fashion. Medine Cohen had a Zoom call with the Man Repeller team on Monday, where she announced the publication would close. Employees will be receiving severance […]

The FashionUnited hosiery wholesale directory gives an overview of the international brands and collections which enables fashion buyers to find the perfect mix of labels for their stores. Consumers are looking for unique brands more and more so they can find an assortment of selection for their wardrobe. […]

The FashionUnited nude sweaters wholesale marketplace gives an overview of the hundreds of international brands and collections which enables fashion buyers to find the perfect mix of labels for their stores. Consumers are looking for unique brands more and more so they can find an assortment of selection […]

Carter’s, Inc. said in a statement that net sales for the third quarter decreased 78.2 million dollars or 8.3 percent to 865.1 million dollars reflecting decreased sales to certain wholesale customers, decreased traffic to company-operated stores, and decreased back-to-school sales due to ongoing disruptions […]

Last week LVMH set a precedent for other luxury groups when it posted double digit growth for its fashion and accessories businesses in Q3. While in the first nine months organic revenue declined by 11 percent, due to global lockdown measures and store closures, the third quarter saw a strong rebound […]

German sportswear giant Adidas is reportedly mulling a sale of Reebok and could be looking to offload it as early as March 2021. Chinese sportswear giant Anta Sports and VF Corp, the US company behind brands Vans, The North Face and Timberland, could be among interested bidders, according to German […]

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