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Inditex Q1 easily beats pre-pandemic period, sales and profits soar

Inditex Q1 easily beats pre-pandemic period, sales and profits soar

​Inditex’s Q1 net profit soared 80% to €760 million as its sales beat pre-pandemic levels, hitting €6.7 billion for a rise of 36% year-on-year, the company said on Wednesday.
Fashion
Paris haute couture rebounds with a 29-collection July season, though without any Russians

Paris haute couture rebounds with a 29-collection July season, though without any Russians

Haute couture in Paris this July will feature collections by 29 houses as the season bounces back from the pandemic, according to the provisional calendar just released on Wednesday afternoon.
Fashion
Victoria's Secret earnings crushed on inflation costs

Victoria's Secret earnings crushed on inflation costs

Victoria's Secret announced on Tuesday revenues for the first quarter fell almost 5%, on the back of plummeting comparable sales, as earnings were slashed during the three-month period, coinciding with inflation costs.
Fashion
Salon International de la Lingerie returns to a physical format

Salon International de la Lingerie returns to a physical format

After being cancelled last January, the lingerie and swimwear event will return on June 18, 19 and 20 to Porte de Versailles alongside Interfilière Paris.
Fashion
Diesel names Eraldo Poletto new global CEO

Diesel names Eraldo Poletto new global CEO

Diesel has named Eraldo Poletto to be its new global CEO, in a major management shake-up at the Italian jeans brand.
Fashion
Victoria's Secret pays $8.3 mn settlement to sacked Thai workers

Victoria's Secret pays $8.3 mn settlement to sacked Thai workers

More than a thousand sacked Thai garment workers who made bras at a factory supplying lingerie giant Victoria's Secret have received a landmark $8.3 million settlement, labour rights activists said Saturday.
Fashion
Victoria’s Secret launches VS&Co-Lab, welcomes new brands

Victoria’s Secret launches VS&Co-Lab, welcomes new brands

Victoria’s Secret & Co announced on Thursday the launch of a new curated digital platform that will connect customers to third-party brands that align with its values of innovation and inclusivity.
Fashion
Thinx names Meghan Davis as CEO

Thinx names Meghan Davis as CEO

Menstrual underwear label Thinx announced on Tuesday the appointment of Meghan Davis as chief executive officer.
Fashion
Wolford postpones release of annual results for second time

Wolford postpones release of annual results for second time

High-end intimates specialist Wolford has postponed the release of its annual results for the second time in a month. It said it will release its audited annual financial statements for 2021 “no later than June 17”. 
Fashion
Calida drives U.S. expansion by acquiring lingerie brand Cosabella

Calida drives U.S. expansion by acquiring lingerie brand Cosabella

Switzerland's Calida Group, owner of French lingerie brand Aubade, has acquired family-owned lingerie company Cosabella for $80 million (€75.8 million), as it looks to gain a foothold in the United States.
Fashion
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
Kim Kardashian signs up Rosalía for Skims’s new lingerie campaign

Kim Kardashian signs up Rosalía for Skims’s new lingerie campaign

The Spanish pop star is the new face of a bodycon underwear campaign for Kim Kardashian's label’s Skims, the first targeted to a Spanish-speaking audience.
Fashion
Delta Galil Q1 profits, revenues surge

Delta Galil Q1 profits, revenues surge

Israel's Delta Galil announced on Monday revenues for the first quarter lifted 16%, another quarterly sales record for the company, which also posted a 26% uptick in net profits for the three months ending March 31.
Fashion
Victoria Beckham scores a coup for VB Body, appears on 14 Grazia covers globally

Victoria Beckham scores a coup for VB Body, appears on 14 Grazia covers globally

​We’re used to celebrities appearing on the front cover of lots of glossy magazines, but it’s rare that one famous face features on multiple international covers simultaneously.
Fashion
Tom Ford stepping down as Chairman of the CFDA

Tom Ford stepping down as Chairman of the CFDA

Tom Ford is stepping down as Chairman of the CFDA, bringing down the curtains on a three-year term at the organization, American fashion’s governing body, in a major suprise.  
Fashion
Digital native brand Bumpsuit opens in Harrods

Digital native brand Bumpsuit opens in Harrods

Maternitywear specialist Bumpsuit has chalked up a couple of firsts, with its first exclusive retail shopping experience in Harrods as well as it being the first time Harrods has hosted a maternity brand on such a scale.
Fashion