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Skechers considering IPO for Asia business

Skechers considering IPO for Asia business

The California-based lifestyle and footwear company is reportedly weighing up different strategic options for its business in Asia, including a possible initial public offering on the Hong Kong stock exchange.
Fashion
Skechers falls short of Q3 revenue expectations, lowers outlook

Skechers falls short of Q3 revenue expectations, lowers outlook

The American lifestyle and performance footwear retailer announced Q3 sales of $1.55 billion on Thursday, coming in below its own predictions for the quarter, despite solid year-over-year growth of 19.2%.
Fashion
China's Li Ning plans $1.4 bln share sale for international expansion

China's Li Ning plans $1.4 bln share sale for international expansion

Chinese sportswear group Li Ning said on Thursday it planned to sell HK$10.5 billion ($1.35 bn) worth of new shares to raise capital for international expansion and for investment in newly launched product categories.
Fashion
VF Corp aiming for zero waste in distribution centers by end of 2021

VF Corp aiming for zero waste in distribution centers by end of 2021

The parent company of Vans and The North Face has released its fourth annual sustainability and responsibility report, detailing its goal to achieve zero waste across all its distribution centers by the end of the year.
Fashion
Klarna names winners of £3m Small Business Support Package

Klarna names winners of £3m Small Business Support Package

Activewear brand SOS, intimates brand Pantee and UpCircle Beauty are among the 100 winners of Klarna’s inaugural £3 million ‘Small Business Support Package’ to help pandemic-hit retail SMEs get back on their feet.
Fashion
Buy early for Christmas, Puma tells shoppers

Buy early for Christmas, Puma tells shoppers

German sportswear company Puma increased its 2021 sales outlook on Wednesday even as it cautioned that a coronavirus lockdown in Vietnam, port congestion and container shortages were hurting its supply chain.
Fashion
Very links with Adidas, Reebok for stockless fulfilment

Very links with Adidas, Reebok for stockless fulfilment

​Improving the customer experience is paramount for retailers, and Very Group’s signature online platform has made a major leap in that area. It's moved to a stockless fulfilment model for the Adidas and Reebok brands.
Fashion
House of Vans London set to reopen after 15-month hiatus

House of Vans London set to reopen after 15-month hiatus

​Cultural, retail and skate destination House of Vans London is back. Well, almost. Having been in enforced pandemic-induced hibernation for the past 15 months, the centre near Waterloo Station reopens on 4 November. 
Fashion
Tommy x Timberland: Hilfiger’s latest collab debuts on Tuesday, Oct. 26

Tommy x Timberland: Hilfiger’s latest collab debuts on Tuesday, Oct. 26

For those brought up in Britain, 'TT' stands for Tourist Trophy, the toughest motorbike race in the world. In fashion it stands for 'Tommy x Timberland', the latest collab from the designer which debuts on October 26.
Fashion
Olympic champion Allyson Felix opens first store in Los Angeles

Olympic champion Allyson Felix opens first store in Los Angeles

After her issues with former sponsor Nike, the American athlete launched her sneaker line, Saysh, in June. Now the brand has opened its first store in LA, which will move to New York next spring.
Fashion
Eco-friendly sneaker maker Allbirds aims for $2 bln valuation in U.S. IPO

Eco-friendly sneaker maker Allbirds aims for $2 bln valuation in U.S. IPO

Eco-friendly sneaker maker Allbirds Inc said on Monday it aims to be valued at over $2 billion in its New York IPO, joining a growing number of firms tapping into surging consumer demand for such products.
Fashion
Stella McCartney creates first vegan football boot with Adidas and Paul Pogba

Stella McCartney creates first vegan football boot with Adidas and Paul Pogba

​Stella McCartney and Adidas have worked together to produce the sports giant’s first 100% vegan football boot. The Paul Pogba x Adidas by Stella McCartney Predator Freak is a limited-edition, gender-neutral shoe.
Fashion
Adidas and Ivy Park launch first Peloton clothing collab

Adidas and Ivy Park launch first Peloton clothing collab

​Adidas and Beyoncé have unveiled the first Ivy Park collab collection with fast-expanding home fitness brand Peloton. The line follows the announcement of Beyoncé’s partnership with Peloton last year.
Fashion
VF Corp revenues disappoint in second quarter

VF Corp revenues disappoint in second quarter

The Vans parent company has reported revenue of $3.2 billion for Q2, a figure representing a 23% increase from $2.6 billion in the prior-year period, but which came in under analysts’ expectations.
Fashion
JD Sports acquires Greek retailer Cosmos Sport

JD Sports acquires Greek retailer Cosmos Sport

​Acquisition-hungry JD Sports Fashion has snapped up another business with the purchase of an 80% stake in Greek retailer Cosmos Sport SA. No terms were disclosed.
Fashion
After private equity investment, Ron Dorff opens US store in NYC

After private equity investment, Ron Dorff opens US store in NYC

​European athleisure brand Ron Dorff has opened a US flagship in New York City and worked with London-based strategic retail property consultancy Harper Dennis Hobbs (HDH) to find the property.
Fashion