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Cool T.M. and Rains make their mark at Paris Fashion Week

Cool T.M. and Rains make their mark at Paris Fashion Week

Rains designed a lineup suitable for next summer's warm weather featuring optimistic colors and cuts, while Cool T.M. stood out for its ironic street couture. 
Fashion
H&M closes Shanghai flagship store, hurt by lockdowns and consumer backlash

H&M closes Shanghai flagship store, hurt by lockdowns and consumer backlash

H&M has shut its flagship Shanghai store, its latest closure in China where consumer demand has slumped amid COVID-19 lockdowns and it has received backlash against companies that refuse to use Xinjiang cotton.
Fashion
Showroomprivé ex-CEO Thierry Petit sells his stake

Showroomprivé ex-CEO Thierry Petit sells his stake

After leaving his position as CEO of French event sales site Showroomprivé in December, Thierry Petit has sold his 17.61% stake in the company. Eric Sitruk, soon to own a 7.5% stake, is set to become a board member.
Fashion
Ami and Amiri: From the Sacré Coeur to the Jardin des Plantes

Ami and Amiri: From the Sacré Coeur to the Jardin des Plantes

One reason Paris  remains the world’s greatest fashion capital: the city is so photogenic. Underlined by a spectacular Ami sunset show at the Sacré Coeur and an Amiri catwalk display in the charming Jardin des Plantes.
Fashion
UK consumer confidence dips to record low in June - GfK

UK consumer confidence dips to record low in June - GfK

UK consumer confidence fell to a record low in June as shoppers grappled with a stark new economic reality, figures from Gfk’s long-running series of reports show. Its confidence Index dipped one point to -41.
Fashion
Zalando revises guidance downwards as economy struggles

Zalando revises guidance downwards as economy struggles

German online fashion e-tailer Zalando has been forced to revise its guidance for the year. It cited a further deterioration in macroeconomic conditions as the EU consumer confidence index fell further in June.
Fashion
June UK retail sales dip again, July looks flat - CBI

June UK retail sales dip again, July looks flat - CBI

​The first monthly retail sales report for June is out and it doesn’t look good. The Confederation of British Industry has released its regular report and said retail sales volumes fell slightly in the year to June.
Fashion
Threadology gets funding injection as it scales up

Threadology gets funding injection as it scales up

London-based Threadology has secured a seven-figure loan from HSBC UK, as the formalwear supplier and retailer scales up operations as demand grows with weddings and formal events returning after restrictions ended.
Fashion
Ministry of Sound to take over Westfield London House of Fraser space

Ministry of Sound to take over Westfield London House of Fraser space

With experiences becoming ever more important in post-pandemic retail, this move must be music to the ears of one major mall. Ministry of Sound is to take over the former House of Fraser store at Westfield London.
Fashion
Jennifer Fisher opens New York City flagship store in SoHo

Jennifer Fisher opens New York City flagship store in SoHo

Jeweler and entrepreneur Jennifer Fisher returns to the downtown neighborhood where her business was born to open her namesake flagship store. 
Fashion
American Eagle Outfitters closes Tmall store

American Eagle Outfitters closes Tmall store

American Eagle Outfitters has officially closed its Tmall store, the marketplace owned by retail giant Alibaba.
Fashion
Nike to make full exit from Russia

Nike to make full exit from Russia

Nike is making a full exit from Russia three months after suspending its operations there, the U.S. sportswear maker told Reuters on Thursday, as the pace of Western companies leaving the country accelerates.
Fashion
Yann Rivoallan appointed new president of the Fédération Française du Prêt-à-Porter Féminin

Yann Rivoallan appointed new president of the Fédération Française du Prêt-à-Porter Féminin

The co-founder of The Other Store, an e-commerce specialist for fashion brands, and most recently of training company Everywhere Anytime, was elected chairman on Thursday for a three-year term.
Fashion
Tendam increases sales by 43.3% to €1.1 billion in 2021

Tendam increases sales by 43.3% to €1.1 billion in 2021

The Spanish fashion conglomerate closed fiscal year 2021 with turnover only 6.2% lower than in 2019. Ebitda almost doubled compared to the previous year, reaching €277.2 million.
Fashion
Lemaire makes clothes light as a feather while Hed Mayner plays with volumes at Paris Fashion Week

Lemaire makes clothes light as a feather while Hed Mayner plays with volumes at Paris Fashion Week

On the second day of Men’s Fashion Week, brands played with proportions and volume. Clothes were made light as a feather in Lemaire's collection, while Hed Mayner continued to explore large volumes.
Fashion
Klarna launches loyalty card within its app

Klarna launches loyalty card within its app

Easy payments financier Klarna has launched a loyalty card feature on its app. It will allow users to store and access their physical loyalty cards as a digital version “removing the need to carry plastic equivalents".
Fashion