The New York-based active and footwear retailer has announced the upcoming launch of a new private label called Lckr, a casual apparel brand for men and women, conceived to complement the chain’s existing offering.
The Southern Californian activewear brand announced on Wednesday that it has received a $400 million investment from SoftBank, bringing the company’s total valuation up to $4 billion as it prepares for global expansion.
JD Sports continues to focus on new stores and CBRE Investment Management has signed it up to a new, upsized flagship store at “Colchester’s premier shopping destination", Lion Walk. It will open this month.
The Californian skate brand has teamed up with the New York-based streetwear label founded by former Supreme brand director Angelo Baque to launch a collaborative collection reimagining the Classic Sk8-Hi.
News that ASOS CEO Nick Beighton has stepped down rather put the firm’s results statement in the shade. But there’s no denying the company remains one of the most successful in fashion retail, even if growth is slowing.
The ASOS annual results Monday were overshadowed by CEO Nick Beighton stepping down with immediate effect. The e-tail giant said new leadership would “underpin delivery of the next phase of its global growth strategy”.
The sportswear brand has joined forces with the digital-first resale platform to launch its Choose to Give Back program, allowing consumers to send in used apparel for reuse or resale in exchange for rewards.