headlines
Ervér makes good start at H&M Group as Q1 looks stronger
H&M Group released its first set of results under the leadership of CEO Daniel Ervér on Wednesday and he seems to have got off to a good start because while Q1 saw net sales down, profit rose.
Fashion
Retail
Tod's investor calls for L Catterton to raise buyout offer
Tod investor Tabor Asset Management has published an open letter calling for an increase in the price offered by L Catterton to buy 36% of the Italian luxury shoemaker, saying the price of 43 euros per share is unfair.
Luxury
Business
Slowear CEO Piero Braga on considered growth and building women’s offerings
As it steadily evolves, the Venice-based brand is introducing the American market to its female-targeted product.
Fashion
Business
Marcolin tops €550 million revenue mark
Fiscal 2023 was highly positive for the Italian eyewear producer, with net sales of €558.3 million, up by 2% at current exchange rates and by 3.8% at constant rates, while adjusted EBITDA rose by 27.9% to €78.1 million.
Fashion
Business
Nike rises after sales beat on strength in US, China
Nike Inc. reported sales that were stronger than anticipated as the company ramps up a multiyear cost-cutting plan in the face of weaker demand for its sneakers and apparel.
Fashion
Business
The latest news
headlines
Ervér makes good start at H&M Group as Q1 looks stronger
H&M Group released its first set of results under the leadership of CEO Daniel Ervér on Wednesday and he seems to have got off to a good start because while Q1 saw net sales down, profit rose.
Fashion
Retail
Tod's investor calls for L Catterton to raise buyout offer
Tod investor Tabor Asset Management has published an open letter calling for an increase in the price offered by L Catterton to buy 36% of the Italian luxury shoemaker, saying the price of 43 euros per share is unfair.
Luxury
Business
Slowear CEO Piero Braga on considered growth and building women’s offerings
As it steadily evolves, the Venice-based brand is introducing the American market to its female-targeted product.
Fashion
Business
Marcolin tops €550 million revenue mark
Fiscal 2023 was highly positive for the Italian eyewear producer, with net sales of €558.3 million, up by 2% at current exchange rates and by 3.8% at constant rates, while adjusted EBITDA rose by 27.9% to €78.1 million.
Fashion
Business
Nike rises after sales beat on strength in US, China
Nike Inc. reported sales that were stronger than anticipated as the company ramps up a multiyear cost-cutting plan in the face of weaker demand for its sneakers and apparel.
Fashion
Business
Business
![Easter sales forecast is bleak for fashion sector](https://media.fashionnetwork.com/cdn-cgi/image/fit=cover,width=328,height=328/m/089a/053f/426b/aeac/bff4/8805/ade3/1792/0c8d/8ffa/8ffa.jpg)
Easter sales forecast is bleak for fashion sector
Easter sales aren’t expected to provide much of a boost to the fashion retail sector with two predictions that UK consumers are likely to spend more time dining than shopping for clothes this long weekend.
Fashion
Business
![H&M results: here's what the analysts think](https://media.fashionnetwork.com/cdn-cgi/image/fit=cover,width=328,height=328/m/e008/8512/33be/2a8a/4ecb/7763/7332/0935/b5d8/5b89/5b89.png)
H&M results: here's what the analysts think
Analysts had mixed views of H&M Group’s latest results this week, some saying how the company still had plenty of work to do. But investors seemed to be ignoring any gloom and sent its share price soaring.
Fashion
Business
Moschino reduces stake in joint venture with Altana for junior line
The Aeffe group's star label has sold a 15% stake in Moschino Kids to its partner Altana, but remains a majority shareholder in the joint venture company they set up in 2022 to develop and run the childrenswear line.
Luxury
Business
JD Sports has ups and downs in latest year and Q4
JD Sports Fashion showed on Thursday how even the strongest companies can face tough times with an update for the 53 weeks to 3 February (FY24) showing tepid sales growth in some areas, and especially in Q4.
Fashion
Business
Trade shows
![Pitti Immagine launches the Be Cycle show on the world of bicycles](https://media.fashionnetwork.com/cdn-cgi/image/fit=cover,width=328,height=328/m/ea39/8a4a/b6a2/9b32/5aa4/4a70/e90b/5d73/dd31/4fe0/4fe0.jpg)
Pitti Immagine launches the Be Cycle show on the world of bicycles
The organiser of the Pitti Uomo trade fair is diversifying with a new event dedicated to cycling. Called 'Be Cycle', it will be held in Florence from June 26 to 28 at the Leopolda station.
Fashion
Trade shows
![La Plage trade show returns to Miami, expands to LA](https://media.fashionnetwork.com/cdn-cgi/image/fit=cover,width=328,height=328/m/9bf9/5a6e/8012/cf70/9655/32c2/d0c4/fb93/0078/ed27/ed27.jpg)
La Plage trade show returns to Miami, expands to LA
My Fashion Agent, the producer behind the boutique concept trade show La Plage Miami, has announced the launch of its first-ever edition in Los Angeles.
Fashion
Trade shows
Shanghai’s big textile trade shows open on cautiously optimistic note
The Intertextile show, with 3,000 fabric producers exhibiting, and the Chic show, with its 1,200 apparel manufacturers, kicked off on March 6 amidst hopes of renewed growth in Western and Chinese demand.
Fashion
Trade shows
Spring and Autumn Fairs form advisory board to develop and grow events
UK trade shows Spring & Autumn Fair have created a new Advisory Board “to drive the continuous enhancement of the two shows and ensure that UK retail has a thriving marketplace in which to do business”.
Fashion
Industry