Using 3D solutions to design and merchandise collections was uncommon only a few years ago, but the speed at which digital transformation is occurring within fashion brands, largely due to the disruption of COVID, has prompted fashion programs across the globe to double down in their investment in learning […]

With Moncler pledging to be carbon neutral by 2023 and H&M announcing their commitment to be climate positive by 2040, they join a growing trend of fashion brands grabbing headlines by pledging to be carbon neutral. There is no doubt now that brands are recognizing their supply chains’ impact. But why […]

Third quarter net sales at Abercrombie & Fitch Co. of 820 million dollars, were down 5 percent as compared to last year, reflecting the adverse impact of Covid-19 on store sales. The company said in a statement that digital net sales increased 43 percent to 382 million dollars reflecting robust […]

Dick’s Sporting Goods, Inc. reported consolidated net income for the third quarter of 177.2 million dollars or 1.84 dollars per diluted share compared to 57.6 million dollars or 66 cents per diluted share in the same quarter of 2019. On a non-GAAP basis, the company reported consolidated net income […]

For the third quarter, Chico’s FAS, Inc. reported a net loss of 55.9 million dollars or 48 cents loss per diluted share. The company said, for the thirty-nine weeks, the company reported a net loss of 281 million dollars or 2.43 dollars loss per diluted share compared to a net loss of 8.4 million dollars […]

Tiffany & Co. has said that in the third quarter, worldwide net sales returned to the billion dollar level and represented a decrease of 1 percent as compared to the prior year; on a constant-exchange-rate basis, worldwide net sales for the three months were 2 percent below the prior year. The company […]

Luxury Scottish knitwear brand Begg x Co has acquired Scottish knit specialists Scott and Charters as they look to cement their commitment to traditional Scottish manufacturing. Begg x Co, known for its woven cashmere scarves and blankets, added knitted sweaters and cardigans to its collections in January […]

JD Sports is reportedly in exclusive takeover talks with Debenhams over a deal that could save thousands of retail jobs before Christmas. The British sportswear company entered exclusive talks with Debenhams’ adviser Lazard and administrators at FRP on Monday and is interested in acquiring the whole […]

In support of the United Nations’ Sustainable Development Goals (SDGs), the Conscious Fashion Campaign has organised a virtual event and exhibit together with the United Nations Office for Partnerships (UNOP), which will take place from 1st December to 30th December 2020. The aim is to bring the 17 […]

Urban Outfitters, Inc. has announced net income of 77 million dollars and earnings per diluted share of 78 cents for the third quarter, while net loss for the nine months period was 27 million dollars and loss per diluted share was 28 cents. The company said in a statement that net sales for the three […]

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