ASOS swings to loss but growth plan sends share price upwards ASOS on Wednesday unveiled what it called a “good performance” for the year to the end of August, despite the weakening consumer environment. But it was a far-from-stellar performance and…
Next downgrades sales and profits forecast as consumers rein in spending Next Next On the plus side, the company said performance in the six months to July saw brand full-price sales up 12.4% year-on-year and up 22.3% against 2019. And…
Asphaltgold acquired by The Athlete’s Foot parent Asphaltgold, one of the leading streetwear online shops for sneakers and streetwear clothing in Europe, is joining The Athlete’s Foot (TAF) portfolio of brands, effective immediately. Asphaltgold joins the Athlete’s Foot portfolio. –…
Skechers post record sales quarter with 27% uptick Skechers Profits were up 22.2% over the prior year, with net earnings reaching $121.2 million and diluted earnings per share totalling $0.77 – Skechers The Los Angeles-based company said first quarter wholesale…
Puma signs Olympic champion Elaine Thompson-Herah as she moves from Nike If you’re going to sign up an athlete to endorse your running shoes, why not make it the fastest woman alive? Puma The 30-year-old Jamaican joins its roster of…
The Bay launches new line Hudson North The Bay announced on Friday the launch of a new private apparel brand designed by Canadians, for Canadians, now available in-stores nationwide and on TheBay.com. The Bay launches new line Hudson North. –…
Mango prepares latest new concept store in UK as it opens revamped Paris site MangoNew Med concept to stores around the world and is currently preparing to open its latest in the UK, at the giant Bluewater shopping mall. The work…
Kappa to outfit U.S. Ski & Snowboard team Italian sportswear brand Kappa Kappa to outfit U.S. Ski & Snowboard team. – Facebook: Kappa As part of the partnership, Kappa will outfit all teams with outerwear, speed and race suits beginning…
Christophe Pla named general director of Orchestra Translated by Cassidy STEPHENS Orchestra, the French children’s fashion and childcare brand has promoted Christophe Pla to general manager. Pla, who has been finance manager since november 2019, will take over from Orchestra’s…
Uniqlo owner to raise prices on fleece products due to weak yen By Reuters The owner of Japanese clothing brand Uniqlo Consumer prices are surging in Japan after decades of deflation, driven by the yen’s drop to a 20-year low…
