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H&M has strong first half but June sales will fall
H&M’s first half and Q2 were all about its ongoing recovery as the retail giant benefited from “increased full-price sales and lower markdowns”. But there remain challenges and comparison periods are getting tougher.
Fashion
Adidas opens largest store to date in Bengaluru
Sportswear brand Adidas has opened its largest store in Bengaluru to date on the metro’s Brigade Road. The 6,500 square-foot store was inaugurated by boxer and Adidas athlete Nikhat Zareen.
Fashion
Pinterest CEO steps down, Google executive to take over in e-commerce push
Pinterest Inc said long-time Chief Executive Officer Ben Silbermann would step down, handing over the reins of the social media platform to Google commerce executive Bill Ready.
Fashion
Paul Smith and Officine Générale bring tailoring back
Paris Fashion Week presented the collections of two lovers of precise and relaxed tailoring: Sir Paul Smith and his '80's-inspired pieces and a French chic lineup by Pierre Mahéo.
Fashion
Asics expects e-commerce sales in India to rise to 50% of total sales
Japanese sportswear and footwear brand Asics plans to expand in India with an omni-channel approach and expects its e-commerce sales to increase to 50% of its total sales in the coming two to three years.
Fashion
Nike revenue beats as Europe demand overshadows China sales slump
Nike beat estimates for quarterly revenue on Monday, as strong demand for its athletic apparel and sneakers in Europe helped the company counter lower sales in China following pandemic-related lockdowns in the country.
Fashion
Marine Serre stages Olympics-style show in Paris
On Saturday evening, the French designer fêted her label’s sixth anniversary by celebrating upcycled fashion with a major Olympics-style show held in a stadium in Vanves, near Paris, followed by a party.
Fashion
Ebay acquires NFT marketplace KnownOrigin
Ebay Inc. announced on Wednesday it has acquired non-fungible token marketplace KnownOrigin for an undisclosed amount, as the U.S. e-commerce marketplace looks to strengthen its product offering for digital collectors.
Fashion
US footwear brand Skechers partners with Lodha for logistics expansion in India
US-based footwear brand Skechers has signed an agreement with real estate developer Lodha and plans to open a new 1.1 million square-foot distribution centre in India to boost its logistics capabilities in the country.
Fashion
Asics to expand retail presence 12 new stores by year-end
Japanese sportswear brand Asics is planning to strengthen its retail presence in the Indian market with addition of 10 to 12 new stores this year with a focus on tier 2, 3 markets.
Fashion
Elsewhere in Milan: Tod’s, Marcelo Burlon, Doucal’s, Woolrich, Villa Eugenie and Moorer
Milan has become the most powerful magnet for young talent and millennium dreamers in Europe, and the clothes in the Italian menswear season reflected that new found belief and boldness.
Fashion
French Federation primed to elect Bruno Pavlovsky as new president
France’s Fédération de la Haute Couture et de la Mode (FHCM) is primed to elect the senior Chanel executive Bruno Pavlovsky to be its next president at its next general assembly on July 1.
Fashion
Men's Fashion Week returns to Paris on Tuesday
From June 21 to 26, Men's Fashion Week is returning to Paris. The packed program will feature 40 physical fashion shows, eight major comebacks, three new names and numerous events, including the Marine Serre show.
Fashion
Milan menswear finalizes with Zegna in its 'Oasi'
The Milan menswear season finished Monday with a path-breaking, sprightly and jaunty Zegna collection unveiled before a giant vista of the Italian Alps, in a season longing for a return to this country’s roots.
Fashion
Ebay deploys live shopping platform
With Ebay Live, whose test phase is now drawing to a close, the group intends to take advantage of the growing appetite shown by brands and consumers for live shopping sessions.
Fashion
Meesho rolls out new employee benefits for MeeCare programme
E-commerce platform Meesho has launched a new range of employee benefits including an infinite wellness leave policy to enable workers to take time off for health or personal projects.
Fashion