Business

Revolve profit soars as demand for 'going out' clothes returns

LA-based fashion e-tailer Revolve has reported record profit in the first quarter of the year as US lockdown restrictions eased, stimulus checks were distributed, and demand for going-out clothes returned. The company, which targets Millennial and Gen Z consumers, said net income hit 22.3 million dollars in the first quarter ended March 31, a...

2 hours ago

Business |Interview

Harold Tillman calls for more support for creative talent

Harold Tillman, the British Fashion Council’s longest-serving chairman from 2008 to 2014 and the previous owner of fashion retailer Jaeger, is calling on the government to “save the bright, young minds” of our creative industry. The pandemic has hit the world of fashion, design and creative arts hard, especially those in higher education,...

6 May 2021

Business

Adidas forecasts strong top-line recovery in 2021

Currency-neutral revenues increase 27 percent at Adidas with footwear up 31 percent driven by double-digit gains in the training, running, outdoor and lifestyle categories. In euro terms, the company’s revenues grew 20 percent to 5.268 billion euros. “We are fast out of the gate in the first year of our new strategic cycle, with excellent...

4 hours ago

Fashion

Hollister Co launches fashion brand with Charli and Dixie D’Amelio

Hollister Co., a division of Abercrombie and Fitch Co., is co-creating an apparel brand with social media personalities Charli and Dixie D’Amelio. Social Tourist will debut exclusively in Hollister stores and online on May 20 and is described by the retailer as a “trend-forward” brand that has been “imagined and inspired by Charli and Dixie’s...

20 hours ago

Business

Tapestry reports 19 percent sales increase, returns to profit

Net sales at Tapestry Inc. totalled 1.27 billion dollars for the third quarter compared to 1.07 billion dollars in the prior year, representing a 19 percent increase. Commenting on the third quarter results, Joanne Crevoiserat, chief executive officer of Tapestry, said: “Through a sharpened focus on the consumer, we fueled new customer...

1 day ago

People

Sainsbury’s names former John Lewis MD as clothing director

Sainsbury’s has appointed former John Lewis managing director Paula Nickolds as its new general merchandise and clothing commercial director. In her new role, which begins June, Nickolds will be responsible for the commercial success of Sainsbury’s 7.8 billion pound general merchandise and clothing business which includes Sainsbury’s general...

1 day ago

Retail

Debenhams confirms closing date of final 49 stores

Debenhams has confirmed its remaining 49 stores will permanently close on either May 12 or 15. It comes after the retailer temporarily reopened its stores in England and Wales when lockdown eased last month to complete its final closing down sale. The fashion retailer had already announced the permanent closure dates of 52 stores up to Saturday...

6 May 2021

Business |Interview

Harold Tillman calls for more support for creative talent

Harold Tillman, the British Fashion Council’s longest-serving chairman from 2008 to 2014 and the previous owner of fashion retailer Jaeger, is calling on the government to “save the bright, young minds” of our creative industry. The pandemic has hit the world of fashion, design and creative arts hard, especially those in higher education,...

6 May 2021

More News

Fashion

New: FashionUnited trends page

Available now, all fashion trend information is compiled and shared on the newFashionUnited Trends section. The special section contains the latest fashion trends and reports from all over the world including trend predictions, and opinions from multiple trend forecasters and agencies, like Fashion Snoops, Peclers Paris, Trendstop, Christine...

2 hours ago

Fashion

Fall/Winter 2021 macro theme: Uber refined vintage

Trendstop brings FashionUnited readers a key, early mainstream macro theme for Fall Winter 2022, Uber Refined Vintage. Vintage revival trends continue to evolve as traditional colour palettes, print ideas and shapes are revisited and reinterpreted through a modern lens. As consumers seek comfort in nostalgia and move towards a more investment...

3 hours ago

Fashion

Uniqlo and Theory launch new collaboration for SS21

Global fashion brand Uniqlo, owned by Fast Retailing Co., is set to launch a new collaborative collection for Spring/Summer 2021 with New York-based label Theory, also part of the Fast Retailing brand portfolio. Uniqlo has announced the news on Instagram. Uniqlo and Theory joined forces for the first part of their collaborative collection back...

5 May 2021

Fashion

Frankfurt Fashion Week to take place digitally in the summer

The organisers of Frankfurt Fashion Week have announced the inaugural event will no longer take place physically this summer due to ongoing uncertainty surrounding the Covid-19 situation in Germany. The event will instead take place through a new digital platform called FFW Studio, Messe Frankfurt and the Premium Group announced Wednesday. The...

5 May 2021