Under Armour flags hit to margins, supplies due to COVID-19 disruptions By Reuters Under ArmourShares fell 8.1% to $18.40 as the company flagged reductions to its spring and summer order book due to supply constraints. Photo: Under Armour Product availability…
With an eye on the circular economy and the future of style, Glamour examines the big business of fashion’s resale market, which is poised to double in size to $77 billion in the next five years, with our Restyled series…
RYU to close NYC, Toronto stores; focus on digital business Vancouver-based athletic apparel brand RYU Apparel Inc. announced on Friday that it will shift focus to its digital ecommerce RYU to close NYC, Toronto stores, focus on digital business. –…
Russian shopping malls lose up to 30% of footfall By Reuters Russian shopping malls are “de-energised” and have lost up to 30% of their footfall following the exodus of Western brands, the son of one of Russia’s most prominent property…
Let’s cut right to the chase: Sex. On. A. Shirt. Yes, actor Megan Fox wore a shirt with the word sex on it, and it looks so cool. In Milan for Fashion Week in mid-January, Fox watched her fiancé, Machine…
Ted Baker hails recovery progress, despite Omicron blip There was upbeat news from Ted Baker Ted Baker The improvement came despite ongoing headwinds from the Omicron variant, with group sales growth of around 35% compared to a year earlier and…
Victoria’s Secret reveals new fully digital brand for tweens Victoria’s Secret & Co. announced on Tuesday the launch of a new fully digital brand for tweens, as the U.S. giant continues to expand beyond its namesake lingerie brand, and looks…
Reebok names Laurent Fricker vice-president Europe Translated by Nicola Mira ReebokFashionNetwork.comIkea Laurent Fricker – Reebok A graduate of the EM Strasbourg Business School, Fricker has spent most of his career at the Adidas Reebok, recently bought by US group Authentic…
Japan’s Uniqlo to exit Russia, paving the way for sale of business By Reuters API Japanese brand Uniqlo Reuters Uniqlo owner Fast Retailing Deputy Minister of Industry and Trade Viktor Yevtukhov said the company has decided to completely leave Russia…
Reliance calls off $3.4 billion retail deal with India’s Future Group By Reuters India’s top retailer Reliance on Saturday called off its $3.4 billion deal with Future Group Reliance calls off $3.4 billion retail deal with India’s Future Group –…
