Fashion Archives - Page 3 of 3

LVMH’s Italian Dior Maker Under Investigation For Labour Exploitation

June 12, 2024

Among other things, the company is accused of awarding contracts to Chinese companies that exploited their workers.

Fielmann Is Expanding In The USA With Its Acquisition Of Shopko

June 11, 2024

Fielmann is about to acquire Shopko Optical, which marks another milestone in its US expansion strategy.

Golden Goose Is Estimated To Be Worth 1.8 Billion Euros At IPO

June 11, 2024

Italian luxury sneaker brand Golden Goose is aiming for a market capitalisation of up to 1.8 billion euros in its initial public offering on the Milan bourse.

Investor CBR Group Backs Out Of Aiding Esprit In Its Restructuring

June 7, 2024

Already preceeding the fashion retailer´s insolvency in May, Esprit seemed to have secured a potential investor, who would help the company with its restructuring. Now, CBR Group has backed out of supporting Esprit.

Inditex Shows Strong Q12024 Results

June 7, 2024

In its Q1 period, Inditex´s net profit rose 11% to 1.3 billion euros, in line with analysts’ average forecast, and despite a slight slowdown in sales.

UK´s Clothing Sales To EU Sink Considerably Due To The Changing Export Conditions Since Brexit

June 6, 2024

UK exports of clothing and footwear to the EU have plummeted since Brexit, according to a new study by consultancy Retail Economics and online marketplace Tradebyte. The study shows how complex regulations at the border — a result of the still ongoing post-Brexit trade frictions — have deterred the shipping of products to the EU.

Birkenstock Raises Its Growth Forecast

June 3, 2024

Following last year’s successful Barbie boom, the renowned sandal manufacturer Birkenstock has also proved stable this summer.

Primark Enters Hungary With It´s First Store Opening In Budapest´s Arena Mall

May 27, 2024

Primark is opening its first store in the Hungarian capital, Budapest, thus securing its 17th market, and marking a significant milestone in the retailer’s ambitious expansion plans across the CEE region. The first Primark store will be located in one of the city’s largest shopping centers, Arena Mall, and is to open on May 28, 2024.

European Luxury Retail Markets Remain Resilient

May 13, 2024

The European luxury markets remain resilient, bolstered not only by high-wealth luxury shoppers but also the return of high-spending tourists to Europe, reveals the 2024 European Luxury Retail Report by Cushman & Wakefield.

Suit Direct Opens New Flagship Store At Westfield Stratford City As Part Of Its Expansion Strategy

May 6, 2024

Menswear fashion retailer Suit Direct has signed for a new flagship store at Westfield Stratford City as part of its national expansion plans in England.

US Federal Trade Commission Sues To Stop Merger Of Coach And Michael Kors

April 24, 2024

The US Federal Trade Commission sued to stop Tapestry Inc.’s $8.5 billion takeover of rival Capri Holdings Ltd. The merger could lead to higher prices, especially for handbags and accessories, and consequently harm customers, argued the FTC.

People On The Move

December 15, 2023

Recruitments, promotions and appointments.

H&M Brands – An Overview

October 18, 2023

ACROSS´s recent visit to H&M´s headquarters in Stockholm provided a glimpse into the chain´s current plans in the area of market expansion, and its diverse brand image. “Leading destination for style” is the main idea behind H&M, and, by diversifying their offer in homeware, and with their brands aimed at different customer groups, including a business idea of subscription-based shopping experience, they are certainly on the right track.

New report outlines technology-based sustainability progress in fashion retail

May 2, 2023

The report “How to help drive sustainability in retail—while protecting margin” by Deloitte in partnership with World Retail Congress explores how the fashion industry is using technology to power quick sustainability wins that can translate to long term gains, both in and out of the boardroom.

MANGO SELECTS CENTRE:MK FOR LATEST LOCATION

February 20, 2023

Fashion group Mango has selected centre:mk, one of the top 10 retail and leisure destinations in the UK, for its latest location.

The Vintage Store signs for 1,115 sq m at Liverpool One

May 25, 2022

Grosvenor announces the signing of The Vintage Store at Liverpool ONE. Set to open at the end of May, the Liverpool ONE site will be clothing retailer’s largest to date, occupying a 1,115 sq m space.

Belgrade Fashion Week Teams up with Belgrade’s Top Shopping Centers

May 20, 2022

During the May MPC shopping centers in Belgrade hosted a wide range of fashion events in cooperation with Belgrade Fashion Week.

Top-selling fashion: who is behind the international textile chains

December 21, 2021

Many families earn big money with cheap fashion. They like to stay out of the limelight, and their stores can be found all over Europe.

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