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Business
Hibbett Sports posts 20% sales rise, beats earnings expectations
The Birmingham, Alabama-based sportswear and equipment retailer reported a solid fourth quarter on Friday, with improvements in sales driving stronger than expected gains in the company’s bottom line.
Fashion
Business
HBC to launch Saks Fifth Avenue's online business as separate entity
HBC, the owner of Saks Fifth Avenue, said on Friday it would launch the luxury department store’s e-commerce segment as a separate business following a $500 million infusion from a U.S. private equity firm.
Fashion
Retail
Stella McCartney losses widened pre-pandemic, says recovery will be "gradual"
Stella McCartney was hit hard by the pandemic last year but isn't worried about Brexit and is looking forward to a gradual bounce-back under its changed ownership structure.
Luxury
Business
Renzo Rosso’s OTB acquires Jil Sander
It’s official. Only the Brave (OTB), the key company in the fashion empire of Renzo Rosso, has acquired Jil Sander, the Hamburg-born label known as the highest expression of minimalism in fashion.
Fashion
Business
Trade shows
Digital edition of Première Vision show records 35,000 sessions
The online edition of the Parisian textile/apparel trade show recorded a strong rise in audience compared to last autumn. Its next physical edition, originally planned for July 2021, will be held instead in September.
Fashion
Trade shows
Shanghai textile trade shows postponed
Intertextile, Yarn Expo, Chic and PH Value, scheduled in Shanghai on March 10-12, have been postponed. FashionNetwork.com has learned the possible new dates are March 17-19, if the authorities give the green light.
Fashion
Trade shows
WSN will not stage trade shows in Paris in March, only a Première Classe showroom
Health protection measures are once again preventing Paris’s trade shows from being held regularly. WSN’s joint event scheduled in early March has been cancelled, and only a reduced Première Classe show will be staged.
Fashion
Trade shows
Première Vision show announces online conference programme
Paris’s Première Vision show will not be staged physically, but on February 15-19 it will hold a digital event featuring a revamped e-marketplace and several online debates with industry professionals and specialists.
Fashion
Trade shows