IMG announced on Tuesday the winners for the Australian Fashion Laureate held at The State Theatre in Sydney. Romance Was Born and Song For The Mute took home the top women's and men's design awards, respectively.
According to a holiday shopping report released by the NRF and Prosper Insight & Analytics on Wednesday, young adult consumers are the age group most likely to increase their spending over the festive season this year.
A report has suggested Arcadia is looking to close around a third of its 500 leased UK stores, joining the wave of UK retailers trying to downsize their store estate as online shopping continues to soar.
Major London landlord Grosvenor will on Thursday officially open the North Mayfair Emporium on Duke Street, which it describes as “the first landlord-led concept store of fashion and lifestyle brands.”
UK clothing sales rose strongly online in October but an overall subdued environment meant growth is slowing and discounting is what's driving sales, according to the latest Capgemini IMRG e-Retail Sales Index.
Sosandar is continuing its sales climb with the company saying that its revenue soared over 400% in the latest half and that current trading is in line with expectations, its website seeing “record sales” in October.
A price jump in wool from Australia, the world's top exporter of high-quality fleeces, is rattling through the global clothing supply chain, with some mills passing along costs and retailers cutting down on wool.
Gap Inc reported quarterly same-store sales below analysts' expectations on Tuesday, as its namesake brand posted another weak performance and its more affordable Old Navy line of clothing also missed estimates.