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Business

Abercrombie & Fitch posts steeper-than-expected loss as pandemic keeps stores shut

Abercrombie & Fitch posts steeper-than-expected loss as pandemic keeps stores shut

Abercrombie & Fitch Co reported a steeper-than-expected quarterly loss on Thursday, hurt by plunging demand for apparel as most of its stores were forced to shutter to curb the spread of the novel coronavirus.
Fashion
Business
Alibaba extends its reach in China as coronavirus outbreak opens doors

Alibaba extends its reach in China as coronavirus outbreak opens doors

Alibaba is emerging as one of China's biggest corporate winners of the coronavirus crisis, gaining the opportunity to expand its businesses and solidify itself as a critical part of the country's socio-economic engine.
Fashion
Business

Monsoon Accessorize 'on brink of administration' - report

Fashion retailer Monsoon Accessorize is reportedly close to an administration filing due to the UK retail lockdown. As many as 3,500 jobs could be at risk if it goes under, but it's likely to survive in some form.
Fashion
Business

French fashion retailer Camaïeu files for receivership

The 900-store French fashion chain has failed to obtain a state-backed loan, and on May 26 it filed for receivership before the trade court in Lille, France.
Fashion
Business

Trade shows

Harrogate Fashion Week postponed to August

Harrogate Fashion Week postponed to August

Organisers of Harrogate Fashion Week announced this week that the trade show will be postponed to 23-24 August because of the coronavirus crisis and disruptions to the buying season. 
Fashion
Trade shows
JOOR links with London Fashion Week and Premium for virtual shows

JOOR links with London Fashion Week and Premium for virtual shows

Digital wholesale platform JOOR said on Wednesday that it will power key fashion industry events London Fashion Week next month and Premium Berlin in July, as well as a number of autumn fashion events.
Fashion
Trade shows

Parisian trade show Tranoï looking for new partners

In mid-April, Tranoï filed for a protection procedure to navigate the period of uncertainty caused by the Covid-19 pandemic, and is now looking for new investors to bolster its evolution.
Fashion
Trade shows

Valmont Barcelona Bridal Week to present new format in September

The bridal showcase has announced that its upcoming edition will take place on 4-10 September with a flexible and hybrid format that combines physical and digital initiatives.
Fashion
Trade shows