H&M Group busy on multiple projects in 2023 as investment grows 40% Translated by Nicola Mira The H&Mbut net profit down by two-thirds The H&M Move line was launched in August 2022 – DR The Swedish group, owner of H&M,…
Under-pressure Superdry names advisors to help it cut costs Superdry Superdry It confirmed the move on Friday, weeks after warning on profits as the wider fashion sector continues to face challenging market conditions. In a statement, the firm said that…
Wage demands trigger strike action at fashion retailers in France Translated by Nicola Mira Waves of disputes have hit the mass market distribution sector in France in recent weeks, and worker demonstrations are now also affecting fashion retailers in the…
US’ VF Foundation grants over $8 mn to 77 community partners worldwide By Fibre2Fashion The VF Foundation, the philanthropic arm of American apparel company VF Corporation The VF Foundation’s grantees and highlights include the Full Circle Expedition and Wind River…
Authentic Brands Group acquires Boardriders Translated by Cassidy STEPHENS Another step forward for the world’s leading surf brand group. Five years after OaktreeQuiksilverBillabongBoardridersAuthentic Brands Group Quiksilver’s last collection Saturn – Quiksilver Even if the influence of board sports brands in…
In France Intersport about to make offer on Go Sport Translated by Nicola Mira AFP has learnt from a source close to the matter that sports apparel and equipment retailer IntersportGo Sportcurrently in judicial receivershipLes Échos. Meanwhile, Go Sport’s CEO…
Premium is buoyant in UK, despite cost-of-living crisis – CACI Brand Dimensions report Premium Reiss In tough economic times, it’s budget brands that often prosper as consumers seek value, while luxury is also usually buoyant due to its core customers…
The Bay names Sophia Hwang-Judiesch as president The Bay named on Wednesday Sophia Hwang-Judiesch as president of The Bay and Hudson’s Bay The Bay names Sophia Hwang-Judiesch as president. – The Bay In September, Hwang-Judiesch was appointed president of Hudson’s…
Athleta opens in Soho Activewear brand Athletaas part of ambitious retail expansion plans. Athleta opens in Soho. – Athleta Spanning 5,000 square feet, the Gap Similarly to other Athleta locations, customers will also have access to a Soho community space…
Born Living Yoga diversifies its offer and expands internationally to achieve sales of over 20 million euros Translated by Roberta HERRERA The sportswear brand Born Living Yoga celebrated its fifth anniversary in 2022 by launching its first men’s collection and…
