“Disappointing” was how Asos described its first half as pre-tax profits went into freefall (down 87%). While sales rose 14% for the six months to the end of February, the retail gross margin dropped 60bps.
Tommy Hilfiger is aiming to elevate athleticwear with the launch of Tommy Sport, its new athletic apparel line for men and women, mixing traditional high-performance athleticwear with a signature Tommy Hilfiger twist.
Boohoo Group released its half-year report on Wednesday and in a fashion retail market that’s seeing a record-breaking level of challenges, the company is going from strength to strength with revenue up 50%.
Lagardère reported its half-year results on July 26, 2018, confirming that it sold its shares in the Marie Claire group and announcing that it has reached an agreement for its other press titles, including Elle.
For autumn-winter 2019/20, the denim trade show, which ended in Paris on May 24, offered up a very fashion-oriented interpretation of the latest textile innovations, featuring a series of pieces by designer Lutz Huelle.