German sportswear giant Adidas raised its 2021 sales outlook on Friday, saying it expects strong demand for new products despite ongoing lockdowns in Europe, supply chain challenges and political tensions.
Fashion’s Back! After a year on the danger list, UK fashion, together with the lifestyle sector, bounced back impressively to produce record sales after non-essential retail ended its enforced lockdown on 12 April.
It’s been a tough year for make-up sales, and lipstick in particular, as lockdowns and mask-wearing have pushed this former must-have item much lower on consumers’ priority lists. But times are changing.
Same-store sales at Uniqlo’s Japanese stores and webstore surged by as much as 84.5% year-on-year in April while its total sales rose 92.1%.
Following the recent appointment of Sophie Bambuck as the San Francisco-based direct-to-consumer fashion retailer’s CMO, Shu Hung has joined the brand’s marketing team as global creative director.
Leading global marketplace StockX announced its physical entry into Australia on Thursday with the opening of a new authentication center in Melbourne, Victoria.
The Abercrombie & Fitch-owned fashion retailer has announced the launch of Social Tourist, a new brand inspired by the digital world in which Gen Z lives and socializes.
The professional beauty supplies seller announced second-quarter sales of $926.3 million on Thursday, an increase of 6.3% from $871.0 million in the prior-year period, despite ongoing disruptions related to Covid-19.
Middlebury, Connecticut-based Timex Group, a world leader in watchmaking, and Adidas, revealed on Thursday a new global licensing agreement for watches.
The Milan fashion and accessories show will return in phygital format with the WSM event on June 19-21, and is set to welcome back its participants in person on September 23-26 in the city’s Tortona Fashion District.
On June 1, Hubert Hinterseher will take over from Michael Lämmermann, the German sport group’s CFO since 2013. Arne Freundt, currently head of EMEA, has instead been promoted to the post of chief commercial officer.
Tapestry Inc returned to quarterly sales growth and forecast full-year numbers above analysts’ estimates as the Coach handbag maker benefits from a strong rebound in demand for luxury goods in North America and China.
UK supermarkets giant Sainsbury’s has announced that former John Lewis MD Paula Nickolds is to join the business in June as General Merchandise and Clothing Commercial Director and become a member of its operating board.
Make-up brand Rimmel London has named not a new brand ambassador but a “global activist” with model and mental health advocate Adwoa Aboah stepping up to the role.
In a further sign of how important environmental, social, and governance-linked (ESG) issues are these days, lifestyle retailer Joules has announced a renewal of its funding deal with a strong ESG element included.
