F&F news and archive

F&F considers legal options over “unilaterally initiated sale” of TaylorMade

Two Korean investors are battling over the ownership of golf apparel brand TaylorMade. South Korean fashion company F&F Co. Ltd. has accused private equity firm Centroid of “unilaterally” initiating a sale of the US brand “without obtaining F&F’s prior consent”. The move is “prompting serious concerns”, F&F said in a statement, with the company...

Fashion

In The Style establishes partnership with Tesco’s F&F brand

Fast fashion retailer In The Style (ITS) has announced a new partnership with F&F, the clothing brand of supermarket giant Tesco. Through the deal, the duo will release a collaborative collection set to launch on the ITS app and in 300 nationwide Tesco stores from June 20. Among the 22 piece collection will be a range of seasonal summer looks...

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Business

Tesco FY clothing sales drop, but signs of recovery in Q4

Tesco saw a slight 1.2 percent drop in clothing sales in the year ended February 25, but said it saw a rebound in the fourth quarter as consumer demand returned. The British supermarket, which owns clothing brand F&F, said the drop in fashion sales mainly reflected the impact of trading over “exceptionally strong lockdown-linked demand” in the...

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Fashion

Tesco faces lawsuit from low-paid factory workers sewing F&F jeans

Tesco is facing a lawsuit over allegations that jeans from its F&F fashion range were made under forced labour conditions. The supermarket giant, which retails jeans for 16 pounds, is being sued by 130 former workers from VK Garment Factury, a Thailand-based apparel manufacturer. Allegations include working 99-hour weeks for less than 4 pounds...