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China's July retail sales unexpectedly slip

China's July retail sales unexpectedly slip

China's retail sales unexpectedly fell in July from a year ago amid signs the recovery in the world's second-largest economy remains fragile.
Fashion
Retailers launch coalition to fight counterfeits on webstores

Retailers launch coalition to fight counterfeits on webstores

The Retail Industry Leaders Association (RILA), whose members include companies such as Walmart and Target, said Friday it has joined a dozen+ trade groups to form a coalition to fight counterfeits on online platforms.
Fashion
U.S. retail sales rise less than expected in July

U.S. retail sales rise less than expected in July

U.S. retail sales in July increased less than expected and could slow further in the months ahead because of spiraling new COVID-19 infections and a reduction in unemployment benefit payments.
Fashion
CFDA names CaSandra Diggs its new President

CFDA names CaSandra Diggs its new President

The Council of Fashion Designers of America has named an insider as its new President, promoting CaSandra Diggs to the role. She’s a veteran of the fashion industry and of the CFDA, having joined it in 2001.
Fashion
Cambodia loses duty-free access to EU market from August 12

Cambodia loses duty-free access to EU market from August 12

Some of Cambodia's export items like garments, footwear and travel goods are now subject to the European Union's (EU) customs duties.
Fashion
UK fashion exports to face continued tariffs in US

UK fashion exports to face continued tariffs in US

Seventeen UK fashion and textile product lines will continue to be hit with an additional 25 per cent tariff in the US.
Fashion
Physical and digital runway shows on the schedule for Milan Fashion Week

Physical and digital runway shows on the schedule for Milan Fashion Week

The Camera Nazionale della Moda Italiana has unveiled the provisional calendar for Milan Fashion Week, which will be held from September 23-28.
Fashion
New Look announces CVA, mulls sale despite new finance deal

New Look announces CVA, mulls sale despite new finance deal

Struggling UK fashion retailer New Look has proposed a second major restructuring of its store estate in three years, asking for turnover-based rent deals as part of a package of measures to ensure its survival.
Fashion
Coach, Kate Spade owner Tapestry helped by China recovery, but cuts costs

Coach, Kate Spade owner Tapestry helped by China recovery, but cuts costs

Tapestry Inc reported a smaller-than-expected quarterly loss on Thursday, as a recovery in sales in China and a tight lid on expenses helped it weather some of the impact of the COVID-19 pandemic.
Fashion
UK online sales rise continued in July, even fashion edged up

UK online sales rise continued in July, even fashion edged up

UK stores may have reopened but online sales continued to rise strongly in July and clothing even managed a slight uplift. That’s according to the latest IMRG Capgemini Online Retail Index (ORI).
Fashion
Off-price retailer Stein Mart files for Chapter 11 bankruptcy protection

Off-price retailer Stein Mart files for Chapter 11 bankruptcy protection

​American off-price retailer Stein Mart Inc filed for Chapter 11 bankruptcy protection on Wednesday, becoming the latest apparel seller to crumble under the economic stress caused by coronavirus-led lockdowns.
Fashion
Marimekko to restructure as crisis hits it hard

Marimekko to restructure as crisis hits it hard

As Marimekko announced a 20% fall in sales, it also said it’s planning to restructure its ops. It blamed the pandemic, saying the “global fashion and specialty retail sector is facing the worst crisis in decades”.
Fashion
Marimekko says Q2 sales dropped 20% to €23m

Marimekko says Q2 sales dropped 20% to €23m

Marimekko, a Finnish lifestyle design company, has announced its second quarter (Q2) financial results for fiscal 2020. The company’s net sales fell 20 per cent to €23.3 million.
Fashion
New fulfilment centre boosts Very Group in lockdown, but fashion sales drop

New fulfilment centre boosts Very Group in lockdown, but fashion sales drop

Online fashion and general merchandise shopping giant Very Group said Thursday that it has seen strong revenue growth and expects to return to profit for FY20.
Fashion
Dr Martens has good year, stays confident despite current uncertainty

Dr Martens has good year, stays confident despite current uncertainty

Permira-owned Dr Martens enjoyed an online boost in the year to March 31 that helped its sales and profits surge as its products sold well globally.
Fashion
Select plans further CVA as lockdown stalls its turnaround

Select plans further CVA as lockdown stalls its turnaround

Struggling fashion chain Select is to launch yet another CVA as it seeks a third round of rent reductions on the back of the pandemic crisis. 
Fashion