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H&M to cut 1,500 jobs to reduce costs

H&M to cut 1,500 jobs to reduce costs

The Swedish group has announced that it will cut 1,500 jobs worldwide as part of its cost-cutting program.
Fashion
Brownie closes 2022 with 100 points of sale and €70 million in revenues

Brownie closes 2022 with 100 points of sale and €70 million in revenues

On the occasion of the opening of its second store in France, FashionNetwork.com interviewed the brand's CEO, Juan Morera, to learn more about the company's expansion strategy.
Fashion
Dr Martens launches boot and bag Hokusai collab with The Met

Dr Martens launches boot and bag Hokusai collab with The Met

​The latest collab from Dr Martens isn’t with a designer label, it’s with the Metropolitan Museum of Art to celebrate Hokusai’s 36 Views of Mount Fuji series.
Fashion
Strong Cyber Monday means overall online uplift for Black Friday weekend in UK

Strong Cyber Monday means overall online uplift for Black Friday weekend in UK

​Cyber Monday (28 November) saw UK retailers’ online revenues rising 16.3% year-on-year, according to new data, coming on top of a healthy Black Friday weekend.
Fashion
Pure London unveils speaker line-up, Burstell and Carpenter to star

Pure London unveils speaker line-up, Burstell and Carpenter to star

Pure London has named the keynote speakers for its February edition. The organisers said “retail industry legend” Ed Burstell and winner of All That Glitters, jewellery designer Piers Carpenter, will be the big names.
Fashion
Fashion brands stock level surges, dents profitability - report

Fashion brands stock level surges, dents profitability - report

A new study of multiple industries shows that clothing and fashion manufacturers have seen a huge increase in stock levels when comparing Q3 stock levels in 2022. The volume is up 57% on pre-pandemic levels. 
Fashion
Tod’s new collab with Palm Angels is Best in Class linkup says Francesco Ragazzi

Tod’s new collab with Palm Angels is Best in Class linkup says Francesco Ragazzi

Tod’s has revealed its latest collab, a link-up with Palm Angels. A blend of Italian craftmanship with American sports that stars Naomi Campbell in its ad campaign, that launches this Wednesday.
Fashion
Thanksgiving weekend shopping breaks records: NRF

Thanksgiving weekend shopping breaks records: NRF

The total number of shoppers grew by nearly 17 million from 2021 during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday. 
Fashion
Giving Tuesday initiatives implemented by swath of luxury, apparel brands

Giving Tuesday initiatives implemented by swath of luxury, apparel brands

Giving Tuesday saw brands engage in and discover unique ways to give back to organizations devoted to helping people and the environment. 
Fashion
Hibbett third quarter lifts on strong back-to-school season

Hibbett third quarter lifts on strong back-to-school season

Hibbett Inc. announced on Tuesday that net sales for the third quarter increased 13.5% to $433.2 million, with comparable sales up nearly 10%, including an e e-commerce surge of 22% during the three months.
Fashion
True Religion taps Supreme for second collaboration

True Religion taps Supreme for second collaboration

True Religion announced on Tuesday it has once again partnered with streetwear giant Supreme, for a 22-piece collaboration set to debut next month.
Fashion
Kappa launches U.S. ski, snowboard collection

Kappa launches U.S. ski, snowboard collection

Italian sportswear brand Kappa announced on Tuesday the launch of its first winter collection with U.S. Ski & Snowboard. 
Fashion
Foot Locker CFO to step down amid management reshuffle

Foot Locker CFO to step down amid management reshuffle

Foot Locker Inc. announced on Tuesday the resignation of Andrew Page from the role of chief financial officer, coinciding with a reshuffling of the company's supply chain, IT functions and commercial activities.
Fashion
Westminster Uni launches menswear research project

Westminster Uni launches menswear research project

​What are the connections between British and Italian menswear? We’re told there are “critical gaps” so the University of Westminster aims to deliver an answer in time for London Fashion Week in February 2024.
Fashion
LVMH awards 40 virtuoso artisans its Métier d’Excellence award

LVMH awards 40 virtuoso artisans its Métier d’Excellence award

Praising them as “the beating heart” LVMH’s CEO Bernard Arnault celebrated, at a distance, the latest virtuoso artisans to win the luxury conglomerate’s Métier d’Excellence award on Wednesday.
Fashion
Primark to invest 100 million euros and create 1,000 jobs in Spain in the next two years

Primark to invest 100 million euros and create 1,000 jobs in Spain in the next two years

80 million euros will be invested to build new stores and enlarge an existing one, while the remaining 20 million euros will be used to improve and renovate other Primark stores.
Fashion