Frasers Group may take a hit in excess of £100 million due to the Covid-19 lockdown
Frasers Group has said it could take a hit in excess of £100 million due to the Covid-19 lockdown on non-essential retailers lasting until April...
Tag : fashionnews
LVMH ACQUIRES MAJORITY STAKE IN OFF-WHITE™
LVMH and Virgil Abloh announced that the luxury conglomerate will acquire a majority stake in Off-White LLC, the trademark owner of Off-White. Abloh has been...
Ralph Lauren Unveils Range with RL Cooling Tech
Ralph Lauren unveiled RL COOLING a state-of-the-art wearable technology which will be worn by Team USA’s flag bearer during the Olympic and Paralympic Opening Ceremony...
RoSCTL Scheme on apparels and made-ups Extended till 31 March
Rebate of State and Central Taxes and Levies on apparels and made-ups has been extended till 31 March The scheme is aimed at generating lakhs...
Debenhams might make a comeback to the high street
Debenhams might be returning to the high street with one small store outside of London as new owner Boohoo attempts to strike deals with major...
This brand plans to add more than 100 fashion brands in next 12 months
John Lewis is set to expand its online fashion offering with the addition of 100 new brands over the next 12 months and also allow...
UK’s Economic Growth On Fast Track
Fashion retailers seeing a boost of 69.4%. Shop reopenings drive fastest rate of UK economic growth in almost a year. Non-essential retailers drove much of...
Retail sales grow at strongest rate in May
The ongoing easing of social-distancing restrictions and continued pent-up demand for in-store shopping drove the spike in sales during May. Clothing retailers were the biggest...
AMERICAN EAGLE OUTFITTERS IMPROVES ITS TURNAROUND TIME
American Eagle Outfitters has improved turn times, with the help of its supply chain transformation that has taken place over the last year. Under its...
Adidas Invests In Recycling firm Spinnova
German sportswear firm Adidas, which is seeking to increase the proportion of sustainable materials it uses in its products, is investing in Finland’s Spinnova, a...