The Italian brand reported a 39 per cent sales decline to €243.6 million in its first half that ended on June 30, compared to sales of €399.4 million in the same period last year, but e-tail surged.

Deckers Brands, the US-based owner of Ugg and other labels, reported 2.3 per cent sales growth to $282.2 million in its first quarter ended on June 30, compared to sales of $276.8 million in the same period last year.

​Tradeshows giant Hyve is launching three virtual forums next month, Fashion Together (comprising Pure, Pure Origin, Moda and Scoop), Autumn Fair @ Home and Glee Gathering.

Fashion giant H&M said on Thursday it has suspended a number of employees over the use of a racial slur relating to the name of a hat to be sold at stores of its & Other Stories brand.

U.S. President Donald Trump on Thursday unveiled sweeping bans on U.S. transactions with China's ByteDance, owner of video-sharing app TikTok, and Tencent, operator of messenger app WeChat.

Fashion conglomerate Shandong Ruyi has brushed aside a sale of textile maker Lycra proposed by Lycra's creditors and is instead looking to publicly float the business, two people with direct knowledge told Reuters.

Unifi, a leading innovator in recycled and synthetic yarns, posted a sales decline to $606.5m in fiscal 2020, which ended on June 28, compared to $708.8m last year. It saw a net loss of $57.2m.

​German sports giant Adidas said on Thursday it expects to bounce back to profitability in the third quarter after it plunged to a big loss in the second quarter when most of its stores were closed due to lockdowns.

Odd Concepts, an AI-based fashion tech company, has launched an AI style discovery platform, StyleCrush, to introduce a new method of online fashion consumption to Singapore.

The value of the world textile trade decreased by 2.4 per cent year-on-year to $305 billion, while apparel trade dropped 0.4 per cent.

Capri Holdings Ltd reported a smaller-than-expected quarterly loss on Wednesday, helped by a recovery in demand for its Versace and Jimmy Choo brands in China and a surge in online shopping.

Fashion giant Inditex has pledged to maintain workers' rights throughout its supply chains and the stability of payments to suppliers, as the garment industry wrestled with a plunge in orders during the COVID-19 crisis.

A fresh wave of COVID-19 may worsen the situation of Vietnam’s textile and footwear industries, still reeling from the impact of the first.

Finnish design house Marimekko Oyj will present its pre-spring 2021 collection digitally at Copenhagen Fashion Week (CFW) on August 12.

VF Corporation has appointed Winnie Ma as president, Greater China. She will report to Kevin Bailey, executive vice president & group president, APAC and Emerging Brands.

​The weather played less of a part than usual in sales at Fast Retailing’s Uniqlo chain during July with the company saying on Tuesday that its Japanese  sales (including online) rose 4.7% year-on-year during the month.