Sean Combs launches womenswear collaboration with Missguided
Sean ‘P.Diddy' Combs has unveiled Sean John’s debut womenswear collaboration with UK fast-fashion retailer, Missguided. The 117-piece Sean John x Missguided collection, inspired by the history of the brand and its music heritage, includes everything from velour to nylon to sweat fabrics, explains the online retailer. Launching on September 29,...
3 hours ago
UK government warned scrapping tax-free shopping could risk 70,000 jobs
Retailers have warned the government that its proposed plan to scrap tax-free shopping at the end of this year could lead to 70,000 job losses. The UK Treasury earlier this month said that the retail scheme, which allows non-EU shoppers to reclaim VAT paid on purchases, would be scrapped at the end of December. It would make the UK the only...
4 hours ago
LFW: What a catwalk show looks like during a pandemic
Fashion week during a global pandemic is a little surreal. In an instant, a five-day London Fashion Week schedule, usually packed with back-to-back catwalk shows and presentations, is literally just a handful life events to accommodate social-distancing and ensuring Covid-19 safety. While most have opted for a digital viewing of their...
4 hours ago
Covid-19 pandemic further hits Superdry’s revenue and profit
Group revenue at Superdry fell by 19.2 percent year-on-year to 704.4 million pounds (904.3 million dollars), which the company said, was driven by a decline in both divisions, with retail declining 18.2 percent and wholesale declining by 20.7 percent. The group’s statutory loss after tax for the year was 143.4 million pounds compared to a 101.7...
5 hours ago
Mytheresa reports 19 percent increase in full-year revenue
German fashion retailer Mytheresa has bucked the trend of Covid-19-related difficult retail and reported a 19 percent increase in full-year revenue. The company saw its consolidated net revenue from its online platform and physical stores in Munich reach 450 million euros in 2020, up from 377 million euros in 2019. Its online business grew by 20...
39 minutes ago
Tommy Hilfiger launches 'Moving Forward Together' global campaign
Tommy Hilfiger has announced its AW20 global campaign, 'Moving Forward Together'. This campaign is set on connecting with consumers through activations to unite and inspire, as well as to build on Tommy’s ongoing commitment to create fashion that’Wastes Nothing and Welcomes All’. Tommy Hilfiger said in a statement: “When facing extraordinary...
1 hour ago