Urban Outfitters full-year sales lift on solid fourth quarter; namesake brand remains sore spot Urban Outfitters Urban Outfitters The Philadelphia-based company said total retail segment net sales increased 2% in the fourth quarter, with comparable retail segment net sales increasing…
H&M to cut 1,500 jobs to reduce costs Swedish group H&M Reuters H&M, the world’s No. 2 fashion company with about 155,000 employees, launched a plan in September to save SEK 2 billion a year. “The cost-cutting and efficiency improvement…
American Eagle tops quarterly estimates on steady apparel demand By Reuters American Eagle Outfitters American Eagle Shares of American Eagle jumped about 7% in extended trading as the company also reinstated a $0.10 per share quarterly cash dividend after pausing…
Amazon down for thousands of users By Reuters API Amazon Reuters About 12,000 users reported issues with accessing the e-commerce platform in the United States as of 10 am ET, according to Downdetector, which tracks outages by collating status reports…
Fila names new North America president South Korean sportswear giant Fila Fila The operator of the Fila brand said Klein will helm the North America region for Fila, following the retirement of Jennifer Estabrook, who was named president of North America…
Barcelona Bridal Fashion Week: more than 300 brands from around the world and a new director Translated by Roberta HERRERA Bridal fashion weekPronoviasMango BBFW The event, organised by Fira de Barcelona with the support of the Department of Enterprise and…
VF Corp. names new Dickies head, reveals emerging brands leadership reshuffle VF Corp. announced this week the promotion of Todd Dalhausser to the role of global brand president, Dickies Dickies Previously brand president of Altra Dalhausser joined VF in 2018 as the first…
Gen Phoenix is ELeather’s new name, links with Tapestry, Dr Martens ELeather, the large-scale producer of sustainable recycled leather has rebranded itself as Gen Phoenix following an $18 million funding round “to further the company’s mission to create premium and…
Symbiose (ex-Sinequanone) placed in receivership Translated by Cassidy STEPHENS After Cop.Copine, San Marina The AW 2022/23 collection – Symbiose The procedure was initiated on December 15, 2022 by the Commercial Court of Paris, where the company is domiciled. The cessation…
Rakuten launches ‘Not So Clueless’ campaign with outfits by Christian Siriano Cash back and rewards shopping platform RakutenNot So Clueless’, featuring actress Alicia Silverstone. Rakuten launches “Not So Clueless” campaign with outfits by Christian Siriano. – Rakuten Silverstone reprises the iconic…
