Shein names Marcelo Claure group vice chairman Fast-fashion online marketplace Shein Shein names Marcelo Claure group vice chairman – Shein In this role, Claure will be tasked with accelerating strategic growth initiatives across all global markets where Shein is currently…
Macy’s to open up to 30 small-format stores by fall 2025 Macy’s Beginning 2024, the U.S. department store giant said it plans to open 30 new Macy’s small-format locations across the country. Geographic locations and timing details are yet to be disclosed.…
Nike’s 2024 pressured by weak North American demand, inventory glut By Reuters NikeFoot Locker Nike At least seven analysts trimmed their fiscal 2024 expectations for Nike’s earnings per share since the beginning of June and 10 slashed their price targets…
New Balance’s former partner in the Iberian peninsula files for bankruptcy Translated by Roberta HERRERA Experience Store, New Balance New Balance store in Fuencarral street in Madrid – New Balance The Mercantile Court No. 11 of Madrid declared the end…
Recovered Clothing and NFL launch sustainable womenswear for first time The US National Football League’s recent London Games has been a big hit with fans and has also had a big influence on two UK fashion brands. Linked to a trilogy…
Coats Group opens new trading year with sales 20% ahead Threads giant Coats Group said Wednesday it’s enjoying “strong sales momentum” in the first four months of the new trading year, with group sales growing 20% year-on-year. Coats Group In…
Kohl’s shares surge on takeover interest from Sycamore, Acacia By Reuters Kohl’s Reuters A source said on Sunday Sycamore was willing to pay at least $65 per share, implying a 39% premium to the last closing price. Starboard Value-backed Acacia…
Saks launches collection for World Mental Health Day Luxury retailer SaksSaks Fifth Avenue Saks launches collection for World Mental Health Day. – Saks As part of the initiative, Saks will donate at least 50% of the purchase price from each…
Superdry confirms Reliance India link-up SuperdryReliance Brands Photo: Sandra Halliday It includes agreements for the sale of Superdry’s intellectual property assets, including the brand itself and related trademarks in India, Sri Lanka, and Bangladesh, to the joint venture vehicle. RBUK…
Athleta partners with Alicia Keys for ‘Without You’ collection GapAthleta Athleta partners with Alicia Keys. – Athleta As part of the partnership, Keys and Athleta will drive awareness of and access to women’s well-being through co-created product offerings, impact grants…
