All Fashion articles – Page 61
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NewsBirkenstock warns on profits despite ‘most successful’ year to date
German footwear retailer Birkenstock has warned that 2024 EBITDA margins are expected to see a “modest headwind” due to increased costs, despite posting booming sales and profits in its “most successful” year to date.
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NewsRetailer pain from volume hit to December sales, ONS reports
Retail sales advanced by value in December but volume slid, official data shows.
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GalleryBrazilian brand Farm Rio opens first European store on King’s Road
Brazilian fashion and lifestyle brand Farm Rio has opened its 100th international and first-ever European store on King’s Road, Chelsea, London.
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NewsN Brown ‘confident’ in strategy despite dip in sales
Fashion group N Brown, which owns Simply Be, Jacamo and JD Williams, has said it is “confident” in its strategic direction for the year ahead, despite posting a dip in sales in its third quarter.
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NewsMarks & Spencer unveils ‘biggest ever’ investment in Scottish stores
Marks & Spencer is to invest £30m to open or expand shops in Scotland.
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NewsWatches of Switzerland issues profit warning
Watches of Switzerland has issued a profit warning as shares plummeted by more than 25% this morning. In the run-up to Christmas, consumers opted to spend on fashion, beauty, travel and hospitality rather than luxury.
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NewsNickolds exits Sainsbury's to become White Company CEO
Sainsbury’s has unveiled a host of changes to its operating board, the most notable being the departure of general merchandise commercial director Paula Nickolds.
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NewsPhase Eight begins ‘journey’ into childrenswear
Fashion retailer Phase Eight has announced its expansion into childrenswear and is set to launch its debut collection later this month.
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NewsMulberry sales decline as UK VAT hits luxury sector
Luxury fashion retailer Mulberry has posted a fall in sales which the group said was impacted by a “challenging macroeconomic backdrop” and a decline in luxury consumer spending.
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InterviewQ&A: Yoga brand Bahe on stretching past the pandemic sweatpants trend
Retail Week talks to Australian yoga and Pilates activewear brand Bahe as it plans to go global and bring innovation to the sector
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NewsUniqlo sues Shein over accusations retailer copied bag design
Uniqlo is suing Shein over claims the fast-fashion retailer is selling bags that mimic its viral shoulder bag.
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NewsSuperdry appoints PwC to review finances after profit warning
Fashion retailer Superdry has appointed PwC as advisers to examine debt-raising options as pre-Christmas trading suffered.
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NewsShein opens up design competition to international designers
Shein has expanded the in-take for its fashion design competition, Shein X, to include global applicants for the first time as it continues to look for up-and-coming designers.
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Innovation of the WeekWalmart expands AI and drone capabilities
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
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NewsShein US IPO uncertain due to Chinese regulator complications
Fast-fashion giant Shein is seeking the approval of China’s regulator to go public in the US, according to reports.
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NewsSeasalt Christmas sales surge as shoppers return to stores
Seasalt has reported “record” Christmas trading performance across all channels, crediting store performance in particular as the brand continues to resonate with shoppers.
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AnalysisPeter Ruis: the John Lewis returnee charged with reviving the famous department stores
“I joined when it was a rejuvenation story. It worked very differently then. It had an amazing brand and an amazing heritage, but people used to criticise it for being dull and cold. It’s easy to forget that now.”
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NewsBurberry drops profit expectations as demand for luxury slows
Burberry has dropped its full-year profit guidance after it reported that sales in the run-up to Christmas were hit by waning demand for luxury.
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Opinion‘Boss Stuart Machin pumps up the volumes at Marks & Spencer’
A focus on volumes and what drives them helped Marks & Spencer take a place on the Christmas winners’ podium and will mark out retail’s winners more generally, writes George MacDonald