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Denim

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Walmart sees smaller profit drop as discounts draw shoppers, but clothing struggles

Walmart sees smaller profit drop as discounts draw shoppers, but clothing struggles

​Walmart nudged up its annual profit forecast on August 16, partly reversing a hefty recent cut, as discounts to clear excess merchandise and lower fuel prices helped it beat expectations for quarterly sales.
Fashion
H&M returns to Alibaba's Tmall, 16 months after Xinjiang controversy

H&M returns to Alibaba's Tmall, 16 months after Xinjiang controversy

Swedish fashion giant H&M's official store on Alibaba's Tmall e-commerce platform has re-opened, 16 months after the Chinese site took it down following the brand's criticisms of human rights abuses in Xinjiang.
Fashion
Abercrombie & Fitch reveals new "getaway-inspired" store design concept

Abercrombie & Fitch reveals new "getaway-inspired" store design concept

​Abercrombie & Fitch on August 8 announced a “refreshing new store experience inspired by the brand’s intention of making every day feel as exceptional as the start of a long weekend”. 
Fashion
Kohl’s adds Buffalo David Bitton to premium denim offer

Kohl’s adds Buffalo David Bitton to premium denim offer

Kohl’s has announced a new partnership with Buffalo David Bitton, which is owned by Iconix International, to bring premium and responsibly-made denim styles to customers just in time for fall.
Fashion
US to retain top position in denim jeans market, but growth to slow

US to retain top position in denim jeans market, but growth to slow

The US will hold on to its leading position in the global denim jeans market, but its annual growth will be lower than the global average, according to Fibre2Fashion’s market insight tool TexPro.
Fashion
Rocky Brands reports $162m net sales in Q2

Rocky Brands reports $162m net sales in Q2

Rocky Brands' Q2 saw net sales up 23.1% to $162 million in Q2 2022 compared with $131.6 million in Q2 2021. Wholesale for Q2 increased 29.7% to $131.2m.
Fashion
UK retailer Next lifts outlook on strong clothing demand

UK retailer Next lifts outlook on strong clothing demand

​Retailer Next, a mainstay of Britain's shopping streets, defied the economic gloom on Thursday to lift its full-year sales and profit forecasts after warm weather in June and July spurred better-than-expected trade.
Fashion
Eurozone retail sales drop more than expected in June as prices rise

Eurozone retail sales drop more than expected in June as prices rise

Euro zone retail sales plunged more than expected in June as prices at factory gates continued to rise, data showed Wednesday, signalling a weakness in consumer demand that could herald a recession in H2.
Fashion
Showroomprivé sales drop significantly in the first half of the year, but posts slight profit

Showroomprivé sales drop significantly in the first half of the year, but posts slight profit

Sales of the e-commerce clearance site Showroomprivé fell by more than 21% in the first half of 2022 to €305.4 million.
Fashion
VF Corp Q1 sales hit by APAC store closures, Vans dip

VF Corp Q1 sales hit by APAC store closures, Vans dip

VF Corporation announced on Thursday revenues for the first quarter increased by 3%, on the back of double-digit growth its The North Face brand, offsetting a dip in its Vans business and plunging APAC sales. 
Fashion
Jack Ma may have plans to give up control of Ant Group

Jack Ma may have plans to give up control of Ant Group

Chinese billionaire Jack Ma plans to give up control of financial technology company Ant Group Co in an effort to move away from affiliate Alibaba Group Holding Ltd, the Wall Street Journal reported on Thursday.
Fashion
Superdry to open at Icon Outlet at The O2

Superdry to open at Icon Outlet at The O2

​The strength of the outlets sector continues to be underlined by a raft of big-name signings and the latest is Superdry, which is to take a store at the icon Outlet at The O2 mall in Greenwich, London.  
Fashion
Frasers buys I Saw It First shortly after Missguided swoop

Frasers buys I Saw It First shortly after Missguided swoop

​So the rumours were true. Acquisition-hungry Frasers Group confirmed on Thursday that it has acquired online fashion retailer I Saw It First.
Fashion
Resale market: Vinted set to buy German site Rebelle

Resale market: Vinted set to buy German site Rebelle

On Monday July 25, the Lithuanian specialist in private fashion resale launched a public offering for the shares of its German competitor Rebelle, in which Vinted is already assured of a 64.70% stake.
Fashion
Latest Lyst Index shows collabs are key, Diesel bag is top women's product

Latest Lyst Index shows collabs are key, Diesel bag is top women's product

Gucci was back in top spot in Q2 as the Lyst Index showed a surge in popularity on the back of its Adidas collab. In fact, collaborations were hot this quarter, while summer items, Diesel and 'naked' dresses also surged.
Fashion
Sézane to open in San Francisco in September

Sézane to open in San Francisco in September

Two years after a first pop-up in San Francisco, the brand founded by Morgane Sézalory will open a new shop in September, planned for a duration of four months.
Fashion