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Kith opens first European store in Paris

Kith opens first European store in Paris

The American brand founded by Ronnie Fieg is opening a store in the French capital. Spread over three floors, the 16,000-square-foot location not only offers the label's latest collections, but also a restaurant. 
Fashion
Revolve earnings soar in fourth quarter

Revolve earnings soar in fourth quarter

The Los Angeles-based online fashion retailer reported Q4 net income of $19.0 million on Wednesday, representing a year-over-year increase of 126% compared to $8.4 million in the prior-year period.
Fashion
L Brands tops earnings expectations; revenues fall short on Victoria’s Secret weakness

L Brands tops earnings expectations; revenues fall short on Victoria’s Secret weakness

The Victoria’s Secret parent company reported fourth-quarter income of $860.3 million, or $3.03 per share, on Wednesday, beating analysts’ estimates of $2.91 per share.
Fashion
Shanghai textile trade shows postponed

Shanghai textile trade shows postponed

Intertextile, Yarn Expo, Chic and PH Value, scheduled in Shanghai on March 10-12, have been postponed. FashionNetwork.com has learned the possible new dates are March 17-19, if the authorities give the green light.
Fashion
T.J. Maxx parent misses estimates as lockdowns cut sales by $1 billion

T.J. Maxx parent misses estimates as lockdowns cut sales by $1 billion

Discount store operator TJX Cos Inc missed estimates for holiday-quarter results on Wednesday, as coronavirus-induced lockdowns in Europe and Canada shaved about $1 billion off its sales.
Fashion
Missoni celebrates 'normal life' at virtual Milan Fashion Week

Missoni celebrates 'normal life' at virtual Milan Fashion Week

Italian brand Missoni kicked off the first day of Milan Fashion Week on Wednesday, with designers once again forced to swap the buzzing catwalks for digital presentations due to the COVID-19 pandemic.
Fashion
Running boom to help Puma recover after slow start

Running boom to help Puma recover after slow start

German sportswear company Puma expects the financial impact from coronavirus lockdowns to last well into the second quarter, but believes global growth in running should help to support a strong improvement after that.
Fashion
A year into pandemic, Milan fashion week stays virtual

A year into pandemic, Milan fashion week stays virtual

Fashionistas will have to log on to soak up the glamour at Milan Fashion Week, which remains online a year after the coronavirus first swept into northern Italy.
Fashion
Happy April 12: retail reopening to see footfall leap - Springboard

Happy April 12: retail reopening to see footfall leap - Springboard

Prepare for the footfall surge. With the 12 April date set for the long-awaited reopening of non-essential retail in England, UK stores can expected a 47.9% week-on-week leap in footfall, according to Springboard data.
Fashion
Roman empress Fendi by Kim Jones

Roman empress Fendi by Kim Jones

Kim Jones appreciates a powerful woman; like the Fendi sisters or the latter-day empresses of style that starred in his first women’s ready-to-wear collection for the fashion house, unveiled Wednesday.
Fashion
Consumers seek physical-digital shopping mix, embrace social commerce - report

Consumers seek physical-digital shopping mix, embrace social commerce - report

Consumers have shifted to e-shopping in the past year, but when stores reopen, they'll be glad to get back to physical shopping. Yet digital habits are ingrained for consumers globally and social commerce is on the rise.
Fashion
John Lewis fashion buying director to quit this spring

John Lewis fashion buying director to quit this spring

​John Lewis’s buying director of fashion is set to stand down after many years at the firm. But it seems the move isn't linked to the retailer’s general restructuring. Christine Kasoulis will leave to focus on her MBA. 
Fashion
Textile microplastics damage lung cells says new study

Textile microplastics damage lung cells says new study

Bad news for the fashion sector came with a study released Wednesday that claims microplastics from textiles damage lung cells. Researchers say microplastics may inhibit our lungs from repairing Covid-19 damage.
Fashion
Vestiaire Collective's Fanny Moizant quits SMCP board

Vestiaire Collective's Fanny Moizant quits SMCP board

Fanny Moizant has informed the board of SMCP that she’s stepping down as a director. The move comes as she needs to be “fully focused on her other activities, in particular the development of Vestiaire Collective”
Fashion
Online retailers launch new trade body to champion digital cause

Online retailers launch new trade body to champion digital cause

Increasingly under-fire e-commerce retailers are making a stand. ASOS, Boohoo, The Hut Group, Ocado, AO World and Gymshark have launched The UK Digital Business Association (UKDBA).
Fashion
H&M's Innovation Stories concept drives it deeper into sustainability

H&M's Innovation Stories concept drives it deeper into sustainability

H&M is launching a new product concept called Innovation Stories with the first of a range of collections that will drop this year debuting March 18. Each drop will celebrate "forward-thinking sustainability processes”.
Fashion