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Stella McCartney heads to G7, at BFC Forum says eco is "the future of fashion"

Stella McCartney heads to G7, at BFC Forum says eco is "the future of fashion"

One of fashion’s biggest names has issued a warning to the fashion sector not to get too complacent about current green drives as there’s a lot more work to be done, with legislation also needed. 
Fashion
Signa Sports to buy Wiggle via SPAC deal

Signa Sports to buy Wiggle via SPAC deal

​Online sporting goods retailer Signa Sports United is taking over UK-based cycling and outdoors business Wiggle, according to reports.
Fashion
H&M Foundation launches virtual collection to help fund innovative start-ups

H&M Foundation launches virtual collection to help fund innovative start-ups

​An interesting development from H&M. The Swedish fashion retail giant said on Thursday that the non-profit H&M Foundation has launched a “virtual collection designed to make the planet last”.
Fashion
Fashion must be change influencer say speakers at BFC's Positive Fashion Forum

Fashion must be change influencer say speakers at BFC's Positive Fashion Forum

The fashion sector's trend-setting status can help influence change in other industries, but fashion companies also need to ensure that eco and ethical thinking are front of mind for their own commercial health.
Fashion
Kikikickz: A kicky French concept expands

Kikikickz: A kicky French concept expands

Beneath the office space of Emily in Paris, the trend-setting series, one finds another new French concept; rare sneaker store Kikikickz, the brainchild of two entrepreneurs taking sneaker trading to new heights.
Fashion
French retailer Spartoo looking to raise €30 million, says CEO Boris Saragaglia

French retailer Spartoo looking to raise €30 million, says CEO Boris Saragaglia

French fashion retailer Spartoo applied for a stock market listing with France’s financial markets authority (AMF) on Monday. Its CEO has offered further insight into the decision and the group's plans.
Fashion
Gap to close 19 UK and Irish stores

Gap to close 19 UK and Irish stores

​Gap has confirmed that it’s to close 19 UK and Republic of Ireland stores this summer. It follows a bruising pandemic period and news backs in October that the US firm was launching a review of its European business.
Fashion
Lockdown end means UK online sales drop, but fashion is still on a high

Lockdown end means UK online sales drop, but fashion is still on a high

​Online sales in the UK fell 9.1% year-on-year last month, although this was against a 61% increase in May 2020. And even with the fall, spend remain strong with sales volumes rising 46% compared to May 2019.
Fashion
Inditex recovery under way in Q1, latest quarter starts strongly

Inditex recovery under way in Q1, latest quarter starts strongly

​Inditex bounced back with a vengeance in Q1 with the Spanish fashion retail giant reporting higher profits and saying its sales grew 50% year-on-year. Sales in Q2 so far have also exceeded those of Q2 2019.
Fashion
Wolverine Worldwide predicts Q2 sales above 2019 levels

Wolverine Worldwide predicts Q2 sales above 2019 levels

The outdoor apparel and footwear group has announced that it expects its second-quarter sales to exceed the figures achieved by the company in the same period two years ago, before the impact of the Covid-19 pandemic.
Fashion
Sequoia Capital invests in Canada's Ssense, values firm at C$5bn+

Sequoia Capital invests in Canada's Ssense, values firm at C$5bn+

​Canadian e-tailer and tech platform Ssense has received a major funding boost with investment firm Sequoia Capital taking a minority stake in a deal that values the business at more than C$5 billion.
Fashion
UK government launches watchdog to toughen garment workers' legal protection

UK government launches watchdog to toughen garment workers' legal protection

​The UK fashion industry is on notice. The government is launching a major initiative to crack down on workplace abuse, with particular attention to garment production, in a bid to improve and protect workers’ rights.
Fashion
Young consumers use pandemic savings to invest in sneakers - StockX

Young consumers use pandemic savings to invest in sneakers - StockX

Young people having saved money during the pandemic lockdowns are helping to drive the sneaker resale market and are buying such products as investments, specialist reseller StockX said this week.
Fashion
Copenhagen Fashion Week announces SS22 line-up

Copenhagen Fashion Week announces SS22 line-up

Copenhagen Fashion Week’s return to a physical format for SS22 comes with a strong line-up of labels showing at the event from August 10-13. There will be 38 labels showing, including established names and new talent.
Fashion
About You targets €4 billion valuation in IPO

About You targets €4 billion valuation in IPO

Otto Group’s IPO for fashion retailer About You will see the company being valued at around €4 billion, it emerged on Tuesday. The shares will start trading next week.
Fashion
Fashion was key spending category in May for UK consumers

Fashion was key spending category in May for UK consumers

Fashion was a major contributor to rising consumer spending in May, two reports showed on Tuesday. Both Barclaycard and the BRC/KPMG sales monitor showed that British shoppers were in the mood to update their wardrobes.
Fashion