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Fashion

credit: Forever 21

Fashion Retailer Forever 21 Slides Into Bankruptcy

US fashion retailer Forever 21’s operating company, F21 OpCo, has filed for bankruptcy for the second time in six years, citing weak footfall at physical locations and harsh online competition from fast fashion retailers.

credit: Arket

ARKET To Open First Store In Ireland

Nordic fashion and lifestyle brand ARKET continues to expand its presence in Europe with the opening of a flagship store in Dublin.

credit: Zalando

Zalando Pushes Ahead With About You Takeover

Zalando has secured more than 90% of About You’s share capital excluding treasury shares and intends to carry out a squeeze-out of About You’s minority shareholders.

Prada at Galleria Vittorio Emanuele II arcade. /// credit: Prada Group

Prada Group Reports 17% Net Revenue Growth In 2024

The Prada Group reports another year of remarkable results and solid progress, as high brand desirability and disciplined execution drove a positive trajectory on both revenue and margins. The Group’s net revenues grew by 17% to 5.4 billion euros at constant exchange rates compared to 2023, a well above-market performance marking four consecutive years of double-digit, like-for-like growth.

Interior of the nerwly opened Dolce&Gabbana boutique at Covent Garden. /// credit: Aver PR

DOLCE&GABBANA OPENS FIRST-EVER BEAUTY BOUTIQUE IN COVENT GARDEN

Dolce&Gabbana has opened a first-of-its-kind combined beauty and accessories store in London’s Covent Garden. Situated in the historic Market Building, the opening marks Dolce&Gabbana’s return to Covent Garden following the success of its Christmas pop-up on the Piazza in 2022.

credit: H&M Group

ARKET To Open First Store In Norway

In 2025, Nordic design and lifestyle brand ARKET continues its expansion with the opening of a flagship store in Oslo, the brand’s first physical location in Norway.

credit: Esprit

Deichmann Takes Over Brand Rights From Esprit

The shoe retailer buys extensive rights to the brand – and snatches them away from a British financial investor, based on a corresponding resolution passed by the Esprit creditors’ committee on Monday.

With this store, P&C* Düsseldorf wants to create awareness for more sustainable fashion and positively influence the industry. /// credit: P&C* Düsseldorf

P&C DÜSSELDORF’S FIRST CONSCIOUS STORE: “NOT PERFECT, BUT BETTER EVERY DAY.”

Fashion company Peek & Cloppenburg* Düsseldorf opened the Conscious Fashion Store at The Playce Berlin in 2023. With this store, P&C* Düsseldorf wants to create awareness for more sustainable fashion and positively influence the industry. The company focuses on the corresponding design and direct exchange via panel discussions, workshops, or even on making the plants in the store particularly green. P&C’s Conscious Fashion Store exemplifies how even a large, international fashion chain can develop and integrate individual concepts that focus on experience. ACROSS spoke to Thimo Schwenzfeier, General Sales Manager of the Conscious Fashion Store at Peek & Cloppenburg Düsseldorf, about the idea.

credit: Richemont

Richemont Sells Its YNAP Online Fashion Business

After the collapse of a previous deal last year, the Swiss luxury goods group Richemont has found in Mytheresa a new buyer for its online fashion and accessories business Yoox-Net-a-Porter (YNAP).

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The exchange of data puts the tenant-landlord relationship to the test. While the advantages of data sharing are obvious, tenants in particular find it difficult to share relevant data. The main reason for this is a lack of trust in how this data is used.
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