Business

VF revenues jump 104 percent, raises guidance

First quarter revenue at VF Corporation increased 104 percent or 96 percent in constant currency to 2.2 billion dollars. The company said in a statement that excluding the impact of acquisitions, revenue increased 90 percent or 83 percent in constant dollars driven by VF’s largest brands and the EMEA and North American regions, which experienced...

21 minutes ago

Business

Prada reports strong H1 sales, swings to profit

Prada has reported a 60 percent increase in sales at constant exchange rates in the first half of the year in what is the latest sign of the luxury industry’s recovery. In the six months to June 30, the Italian fashion house reported revenue of 1.5 billion euros, compared to 938 million euros last year when the company was hit hard by...

3 hours ago

Business

Hermès rebounds to pre-corona sales and profit levels

French luxury group said Friday that its sales and profit had bounded past pre-pandemic levels in the second quarter. While the firm known for its leather handbags and silk scarves acknowledged the exceptional nature of its performance due to the fact its stores were closed in many countries during the second quarter of last year, it also said...

5 hours ago

Business

Mothercare reports widening full-year losses

Mothercare has reported widening losses and a drop in full-year turnover as the pandemic put a spanner in the works of the maternity and childrenswear specialist’s ongoing transformation strategy. For the year to March 27, the company’s statutory loss widened to 21.5 million pounds from 8.5 million pounds a year earlier, while its turnover fell...

1 day ago

Business

Wolverine Worldwide posts Q2 sales growth of 81 percent

For the second quarter of 2021, Wolverine World Wide, Inc. said, reported revenue was 631.9 million dollars, up 81 percent versus the prior year. On a constant currency basis, revenue was up 77.7 percent versus the prior year. The company said in a release that total direct-to-consumer reported revenue was up 17.5 percent versus the prior year...

29 Jul 2021

Fashion

Woolrich revives ‘The Woolrich Woman’ with Daniëlle Cathari

Outdoor brand Woolrich is reviving its ‘80s label ‘The Woolrich Woman’ with Amsterdam-based designer Daniëlle Cathari, known for her playful subversion and reconstruction of fashion norms. Woolrich confirmed that a revival of ‘The Woolrich Woman’ for a new generation would evolve over multiple seasons, with Cathari selected to embed her “...

29 Jul 2021

Culture |In Pictures

Design Museum Holon opens largest fashion exhibition to date

Design Museum Holon, the first museum in Israel dedicated to design, has opened its “most ambitious” fashion exhibition spanning the entire museum. ‘The Ball’ open until December 11, is billed as a multi-sensory theatrical experience, combining fashion, sound, music, scenery, and lighting to showcase how dresses from the past resonate with...

29 Jul 2021

Fashion

The controversial "Not Your Mother's Tiffany" campaign aims to sell aspiration, not stuffy jewellery

There are no ladies clad in gowns, adorned in haute jewellery, featured in the current – and controversial – Tiffany & Co campaign. Models styled in double denim (less downtown Sex and the City and more Lower East Side grunge) are accessorised with bold linked chains, chunky silver cuffs and pearls. So far so ordinary. Except the byline, Not...

29 Jul 2021

More News

Retail

Econyl launches shoppable online platform

Sustainable textile manufacturer Aquafil has launched a new shoppable platform dedicated to Econyl, its regenerated nylon made from recycled waste. The new e-shop will allow users to browse through global brands using Eocnyl Regenerated Nylon, and will also provide information about the innovative fibre and the broader topics of sustainability...

4 hours ago

Business

Top 3 Trends Shaping Apparel in Latin America

This month’s Fashion Friday podcast series by Euromonitor International explores how casualisation, sustainability and digitalisation has impacted the apparel industry in Latin America. As consumers focused on maximising their budgets and cut unnecessary expenses, the apparel and footwear market declined by 30% in constant fixed prices at a...

5 hours ago

Fashion

YNAP meets renewable electricity target across operated facilities

Italian luxury group Yoox Net-a-Porter (YNAP) says it achieved its goal of sourcing 100 percent of renewable electricity across the operated facilities it manages by the end of 2020. The group announced the target in November last year as part of a broader sustainability strategy called ‘Infinity’. YNAP revealed on Thursday it met that target...

1 day ago

Fashion

Fashion Trend Snack by Christine Boland: the top 5 colours for SS22

Of all the trends for next season, Christine Boland’s Trend Snack gives a ‘bite size’ report of the 5 must-do colours, fabrics, textures, patterns, silhouettes etc to incorporate into your fashion collection. Today we focus on the It-colours. #1 Bandaid beige as seen @ Boss, Hermés, Fendi & Max Mara Image credit: Pexels, and Hugo Boss SS21 via...

29 Jul 2021

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