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Michael Kors, Versace parent Capri beats revenue estimates

Michael Kors, Versace parent Capri beats revenue estimates

Michael Kors parent Capri Holdings Ltd on Friday raised its annual forecasts for the second time after trouncing Wall Street estimates for quarterly results, as shoppers splurge on its high-end clothes and bags.
Fashion
Online retailer Boohoo to move to new auditing model for suppliers

Online retailer Boohoo to move to new auditing model for suppliers

Online fashion retailer Boohoo said on Friday it would move all of its suppliers to a new auditing model over the next 12 months in its latest effort to address failings brought to light in media reports a year ago.
Fashion
Amazon hit with $886 million EU data privacy fine

Amazon hit with $886 million EU data privacy fine

Amazon has been hit with an $886.55 million (746 million euro) European Union fine for processing personal data in violation of the EU's General Data Protection Regulation (GDPR), the e-commerce giant said on Friday.
Fashion
Poor conditions persist in Leicester garment factories - report

Poor conditions persist in Leicester garment factories - report

Exploitation of garment workers is continuing in Leicester's textile industry, a new report claims, a year after an exposé highlighted abuses in the supply chain. This is despite measures to safeguard employees.
Fashion
Retail decline: one in seven UK stores are vacant says new report

Retail decline: one in seven UK stores are vacant says new report

Just how tough UK retail’s pandemic mauling has been — especially for fashion — came into stark focus on July 30. More than one in seven stores are now vacant on UK high streets, retail parks and in shopping centres.
Fashion
Klarna launches support package for small businesses

Klarna launches support package for small businesses

Global payments and and shopping services provider Klarna has launched a £3 million Small Business Support Package to help British small- and medium-sized enterprises (SMEs) recover from the pandemic.
Fashion
Boohoo founder must give evidence in US case

Boohoo founder must give evidence in US case

​The founder of Boohoo Group, Mahmud Kamani, who’s executive chairman at the fast fashion company, has been told he has to give evidence in a US lawsuit. 
Fashion
Northern Ireland to pay people to shop in September

Northern Ireland to pay people to shop in September

The latest initiative to get shoppers spending sees adults in Northern Ireland being given shopping vouchers as part of a £145 million investment to attract people back to high streets.
Fashion
Harris Tapper launches at Harrods with two-month pop-up

Harris Tapper launches at Harrods with two-month pop-up

​New Zealand-based fashion brand Harris Tapper is launching in the UK via Harrods at the start of August with a two month in-store pop-up running until the end of September. 
Fashion
Red Carpet Green Dress 2021 competition returns

Red Carpet Green Dress 2021 competition returns

Red Carpet Green Dress (RCGD) is set to launch the next edition of its global design contest, as it opens for applications on Friday. 
Fashion
Econyl creates B2C platform for conscious consumers

Econyl creates B2C platform for conscious consumers

Econyl, a brand of regenerated nylon made from recycled waste owned by Aquafil, is going direct-to-consumer with the launch of an online shoppable platform. 
Fashion
Global Brands Group North America files for chapter 11

Global Brands Group North America files for chapter 11

The North American division of Global Brands Group has filed for chapter 11 affecting both its wholesale business and certain subsidiaries and affiliates.
Fashion
Amazon sales forecast misses estimates, shares fall

Amazon sales forecast misses estimates, shares fall

Amazon.com Inc's forecast for third-quarter sales missed Wall Street expectations on Thursday, as consumers return to brick-and-mortar stores after shopping more online for the past year due to the pandemic.
Fashion
Deckers Brands sees sales surge 78%

Deckers Brands sees sales surge 78%

Revenues at the Goleta, California-based footwear, accessories and apparel group totaled $504.7 million in the first quarter, up 78.2% year over year, as the company experienced strong growth across its brand portfolio.
Fashion
Wolverine Worldwide swings to profit on record sales

Wolverine Worldwide swings to profit on record sales

The Rockford, Michigan-based owner of the Wolverine, Saucony and Merrel brands reported record Q2 revenue of $631.9 million on Thursday, progress which drove the company’s return to profit in the quarter.
Fashion
Shanghai to host Intertextile and Chic at end of August

Shanghai to host Intertextile and Chic at end of August

Having seen a return to almost normal levels of activity in April, Shanghai's textile and apparel trade shows will hold their next editions, with appropriate health and safety measures, from August 25 to 27.
Fashion