Fast Retailing released H1 results on Thursday, plus its Japanese Uniqlo performance for March. Both reports showed the business is doing well in general, even if the H1 figures showed some smaller brands struggling.
H&M reported its Q1 results on Wednesday and swung to a loss, but it said sales are recovering in March. Yet perhaps even more newsworthy was its ongoing effort to overcome its problems in China and “regain trust” there.
“Everyone reacts to sincere things. When you do something that you really believe in it, and not just for commercial reasons, people react... people understand,” argues Roger Vivier's artistic director, Gherardo Felloni.
Scotch & Soda has unveiled a new programme of global store openings, alongside a new brand identity. The Dutch company will open 15 new standalone locations over the next six months, as well as 12 concessions.
Benetton group, the Italian fashion retail giant, has suspended all new orders from Myanmar after the military coup, as stories emerge of garment worker abuse in the country and of activism among the workers.
Retail giant Inditex hasn’t come out of the pandemic year unscathed. But the strength of its business model appears to have carried it through so far and its performance since its fiscal year ended has been encouraging