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VF Corp full year revenues, profit dampened by fourth-quarter slowdown

VF Corp full year revenues, profit dampened by fourth-quarter slowdown

VF Corporation announced on Thursday revenues for the fiscal year 2022 surged 28%, despite a slowdown in fourth quarter revenues, hindered by sales lags in its Asia-Pacific market. 
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Rihanna welcomes first child after high-fashion, self-affirming pregnancy

Rihanna welcomes first child after high-fashion, self-affirming pregnancy

Superstar Rihanna and rapper A$AP Rocky have reportedly welcomed their first child, after a pregnancy the singer flaunted in a radical revamp of normally covered-up maternity style.
Fashion
Investors jolted as U.S. retailers show inflation hitting consumers

Investors jolted as U.S. retailers show inflation hitting consumers

Evidence of red-hot inflation seeping into the American economy is sending a chill through investors after major U.S. retailers reported people are cutting back on buying bigger-ticket items as they just try to get by.
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Kohl's cuts profit forecast, becomes latest retailer to warn of inflation pain

Kohl's cuts profit forecast, becomes latest retailer to warn of inflation pain

Kohl's Corp cut its full-year earnings forecast on Thursday, joining some of the largest U.S. retailers in warning that red-hot inflation is starting to erode profit margins and consumer spending power.
Fashion
Ukraine war puts Indian diamond polishers out of work

Ukraine war puts Indian diamond polishers out of work

India's huge diamond-polishing industry has furloughed around 250,000 of its roughly two million workers because of sanctions on Russia hitting supplies, a trade union said Thursday.
Fashion
Benetton CEO Massimo Renon on reopening in Paris; building worldwide; and future growth

Benetton CEO Massimo Renon on reopening in Paris; building worldwide; and future growth

Six months after a neighborhood fire scarred the center of Paris, destroying Benetton’s main French boutique, the Italian marque reopened its flagship this week, repainted in pink, expressing a newfound optimism.
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London leasing boom sees GPE return to profit

London leasing boom sees GPE return to profit

Yet more strong numbers from the commercial property sector on Thursday. Major London landlord Great Portland Estates joined its peers British Land and Landsec this week in delivering an upbeat performance for the year.
Fashion
John Lewis names new executive director

John Lewis names new executive director

​The John Lewis Partnership (JLP) has a new Executive Director for People. Lisa Cherry will join the retail giant in early September. She replaces Nikki Humphrey who is to rejoin the Virgin Group. 
Fashion
M&S to move into new Lakeside flagship, takes ex-Debenhams space

M&S to move into new Lakeside flagship, takes ex-Debenhams space

M&S is continuing to open statement new stores as the UK retail giant enjoys a turnaround in its fortunes. It’s set to take over another former Debenhams site, at the Lakeside mall in Essex.
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French Connection enters fashion rental as a stand-alone op

French Connection enters fashion rental as a stand-alone op

​French Connection has become the latest retailer to join the blossoming rental service sector, but with a difference. It will become first major UK brand to operate its own dedicated standalone rental operation. 
Fashion
Coats cuts jobs after South American unit disposals - report

Coats cuts jobs after South American unit disposals - report

​UK-based threads manufacturer Coats has cut a number of domestic jobs and replaced other roles as part of its new global strategy. The move comes after the the company recently sold its Brazil and Argentina business,
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Jaeger names new product boss with Suzi Avens stepping in

Jaeger names new product boss with Suzi Avens stepping in

​M&S’s premium Jaeger brand has named Suzi Avens as head of product. The ex-Cath Kidston and Boden exec joins as M&S continues its relaunch of Jaeger and puts plenty of support behind it both in-store and online.
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URW rolls out Westfield brand to trio of European flagship locations

URW rolls out Westfield brand to trio of European flagship locations

​Malls giant Unibail-Rodamco-Westfield (URW) is continuing to roll out its Westfield brand to more locations and has announced that it’s rebranding three flagship centres under that name.
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Bravissimo still hurt by pandemic but revenue and profits begin to recover

Bravissimo still hurt by pandemic but revenue and profits begin to recover

​Lingerie Specialist Bravissimo has filed accounts for the year ending October 2021 with it saying it was the second year in which it felt the impact of the pandemic. But it managed to increase revenue and profits.
Fashion
Grosvenor links with True on social shopping innovation hunt

Grosvenor links with True on social shopping innovation hunt

Landlord Grosvenor has launched an interesting project, unveiling “an innovation challenge seeking to find new technologies and partners that are putting customer experience at the heart of bricks and mortar retail”.
Fashion
ASOS chairman Dyson takes same job at Currys, but stays with ASOS for now

ASOS chairman Dyson takes same job at Currys, but stays with ASOS for now

ASOS Chairman as Ian Dyson is to take up the same post at electricals retailer Currys. He'll remain with ASOS for now and the firm will replace him once it has appointed a new CEO, with its CEO search still under way.
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