The VF-owned youth brand announced on Wednesday that it plans to reach $5 billion in revenue by fiscal 2023, a $2 billion increase that Vans is hoping to drive with strong growth in its direct-to-consumer business.
On the eve of its semi-annual results, the company celebrated the reopening of its Milanese flagship. FashionNetwork.com analyses the event that reveals the intricacies within the omnichannel retail giant.
The accessory brand Da Milano is currently exploring a number of international markets including Nepal and the UK for possible expansion and its transit retail segment now accounts for 30 percent of overall revenue.
JD Sports is a business that can't seem to put a foot wrong at the moment and after a stunning first half it said H2 has started well. While its Outdoor business suffered from the hot summer, its main chain is on a roll.
Pentland Group may be expanding its footwear ops in deals with brands such as Karen Millen and Lacoste, but it’s losing its Ted Baker license as that company buys its UK and US footwear ops and takes them in-house.
Cartier maker Richemont on Monday named group veteran Jerome Lambert as chief executive officer, as the luxury goods group posted a 10 percent gain in the five months to Aug. 31 on strong Asia revenues.
The e-commerce platform Flipkart is betting on its fashion vertical to drive sales, especially over the upcoming sale season, and is focusing on private labels to expand its market share in the online fashion sector.
Primark's like-for-like sales fell in the latest year but the company isn't too upset as freak European weather conditions were to blame, so it's upbeat for the current year and said the UK is performing well.