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Wolverine Worldwide’s revenue up 12.9% in Q2
Wolverine Worldwide posted revenue of $713.6 million in the second quarter for growth of 12.9 per cent versus the prior year. Excluding Sweaty Betty, revenue was $666.2 million, a record for the period.
Fashion
Business
HanesBrands’ sales drop 14% in Q2
Net sales of US-based HanesBrands from continuing operations were $1.51bn, a decline of 14% in the second quarter of fiscal 2022. This was caused by was driven by a ransomware attack and softer-than-expected POS trends.
Fashion
Business
India’s apparel retailers to earn 21-23% more revenue in FY 2023
A combination of strong same-store sales, new store launches, and higher contribution from online channels will add 21-23% revenue growth for apparel retailers in India in fiscal 2023.
Fashion
Retail
Ferragamo partners with Farfetch to grow online, reach younger shoppers
Italian fashion house Salvatore Ferragamo has announced that it has struck a partnership with online luxury shopping retailer Farfetch to expand its digital presence, targeting younger shoppers.
Luxury
Retail
Design
Fashion innovator Issey Miyake dies at 84
Japanese fashion designer Issey Miyake, whose global career spanned more than half a century, has died aged 84 of cancer, it emerged on August 9.
Fashion
Design
Gaurav Gupta steps into seasonless couture
Eponymous designer Gaurav Gupta has embraced a seasonless approach with the launch of new couture collection 'Heiress of Dunes’ as the brand takes a more versatile, youthful approach to couture.
Luxury
Design
Niha Elety launches clothing brand Tega Collective
Designer and entrepreneur Niharika Elety has launched sustainable clothing brand Teha Collective with the aim of promoting traditional Telegu handicraft techniques.
Fashion
Retail
Nachiket Barve wins Best Costume at 68th National Film Awards
Fashion designer Nachiket Barve was awarded Best Costume Design at the 68th National Film Awards for his work designing costumes depicting Maratha culture for the recent film ‘Tanhaji’.
Fashion
Media
Appointments
JD Sports confirms Al-Futtaim's Schultz as CEO
JD Sports Fashion on Tuesday confirmed that Régis Schultz has been appointed as its new CEO “following an extensive executive global search process” and after speculation last week that he would be named to the post.
Fashion
Appointments
Halston names Ken Downing new creative director
Xcel Brands announced on Thursday the appointment of Ken Downing to the role of creative director of luxury fashion brand Halston, effective August 1.
Luxury
Appointments
GoKwik announces Amitt Sharma as new chief customer officer
E-commerce enabler GoKwik has announced Amitt Sharma as its new chief customer officer who joins the business from MoEngage.
Fashion
Appointments
Matchesfashion names Stuart Hill as COO
It’s all change at Matchesfashion with the online luxury retailer having recently named its new CEO and on Tuesday unveiling Stuart Hill as its new COO.
Luxury
Appointments
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