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Levi's adjusts financing to give more support to garment workers

Levi's adjusts financing to give more support to garment workers

Levi's announced its commitments to providing further financial support to its garment workers, after the company appeared on a list of brands that had not yet fully paid suppliers for already made product. 
Fashion
Levi Strauss warns of weak second half on pandemic woes, to cut 700 jobs

Levi Strauss warns of weak second half on pandemic woes, to cut 700 jobs

Levi Strauss & Co on Tuesday cautioned its business would be hit in the second half of the year, even as the brand’s sales have been improving at its reopened stores, following government-mandated Covid-19 lockdowns.
Fashion
Schiaparelli and Naomi kick off Paris's first digital couture season

Schiaparelli and Naomi kick off Paris's first digital couture season

Schiaparelli kicked off first the ever fully digital Paris haute couture season on Monday with a film which concentrated on its couturier, Daniel Roseberry, since he was marooned in New York throughout the lockdown.
Fashion
Lucky Brand files for bankruptcy as latest retail casualty of coronavirus

Lucky Brand files for bankruptcy as latest retail casualty of coronavirus

Apparel company Lucky Brand Dungarees is filing for Chapter 11 bankruptcy, it said on Friday, becoming the latest retailer to fall victim to the coronavirus pandemic.
Fashion
Jack & Jones launches SS21 offer to global teams via live-stream

Jack & Jones launches SS21 offer to global teams via live-stream

Bestseller's Jack & Jones has said a “revolutionary” chapter has been written in the brand’s history with its first digital collection launch to its teams around the world. And it's planning more live-streamed events.
Fashion
Mango adds 900k new e-customers during lockdown

Mango adds 900k new e-customers during lockdown

Coronavirus-related store closures across Europe drove a sharp increase in online sales at Spanish retailer Mango during the months of lockdown.
Fashion
Sainsbury's fashion sales fall in lockdown but recovery has started

Sainsbury's fashion sales fall in lockdown but recovery has started

Fashion sales seem to be recovering at Sainsbury's, the supermarkets giant that's also a major clothing retailer, it said in a Q1 trading update on Wednesday.
Fashion
Euratex issues post-Covid strategy for the EU textile sector

Euratex issues post-Covid strategy for the EU textile sector

The European textile and clothing industry “is ready to transform the [coronavirus] crisis into an opportunity, and become more digital, sustainable and agile,” according to Euratex, which represents the sector.
Fashion
H&M in the red in H1, recovery starts but Q3 will still see discounts

H&M in the red in H1, recovery starts but Q3 will still see discounts

H&M saw a bigger H1 loss than expected as the coronavirus crisis crushed profitability. And while sales are recovering, they’re still down during June and markdowns will be ongoing in Q3, even though e-sales remain high.
Fashion
Diesel unveils game-changing digital buying platform and exhibition space

Diesel unveils game-changing digital buying platform and exhibition space

Diesel has unveiled an all-digital way for the industry to buy without having to travel to showrooms, boosting sustainability and reflecting the post-Covid new world for fashion. All OTB brands will move to the platform.
Fashion
New Boohoo management incentive plan reflects booming confidence

New Boohoo management incentive plan reflects booming confidence

Boohoo announced its new management incentive plan on Friday and the extent of the potential rewards for the top team underline just how confident the company is in its ability to expand and to grow its overall value.
Fashion
Superdry ends China JV, shuts stores as online, wholesale become focus

Superdry ends China JV, shuts stores as online, wholesale become focus

Superdry is to take back control of its China operations. It will close its stores in the market but said China remains important and it's shifting its focus to the growth channels of online and wholesale.
Fashion
Boohoo snaps up Oasis, Warehouse, says lockdown quarter's sales soared

Boohoo snaps up Oasis, Warehouse, says lockdown quarter's sales soared

Boohoo is the new owner of Oasis and warehouse, paying less than £6m for the two brands. It has also reported a robust Q1 with sales surging globally as it switched to athleisure and lockdown-friendly pieces.
Fashion
Frame denim unveils premiere footwear collection

Frame denim unveils premiere footwear collection

Set to launch on June 18, the footwear collection includes both heeled and flat sandals, espadrilles, loafers, slides and slippers, as well as ankle and mid-calf boots.
Fashion
London Fashion Week Digital: A Sunday between post-apocalypse and innocence

London Fashion Week Digital: A Sunday between post-apocalypse and innocence

Few videos better summed up the mood of London Fashion Week’s debut digital online season this weekend than designer Matthew Miller’s contribution's name - Post Apocalyptic Merchandise. 
Fashion
Guess revenues sliced in half by coronavirus disruptions

Guess revenues sliced in half by coronavirus disruptions

The LA-based fashion retailer announced a 51.5% decrease in net revenue for the first quarter on Wednesday and predicted a “similar” decline for Q2, sending shares in the company down almost 12% in premarket trading.
Fashion