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Clothing & Shoes
Zalando sees adjusted EBIT rise to €144.8m in Q2
European e-commerce retailer Zalando has reported an 87% surge in adjusted EBIT to €144.8m (£124.6m) during the second quarter of…
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Clothing & Shoes
VF Corp revenues drop to $2.1bn in Q1 FY24
American apparel and footwear company VF Corp has revealed that its revenues declined 8% to $2.1bn (£1.5bn) for the first…
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Clothing & Shoes
L Catterton eyes $8bn Birkenstock IPO
Private equity owner L Catterton is reportedly considering launching an initial public offering of German sandal retailer Birkenstock as soon…
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Clothing & Shoes
Adidas to sell second batch of Yeezys in August
Adidas has announced a further release of the sale of a second batch of unsold Yeezy trainers in phases throughout…
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Clothing & Shoes
Gap appoints new CEO
Apparel company Gap Inc. has announced the appointment of Richard Dickson as the company’s president and chief executive officer, effective…
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Online & Digital
THG snaps up City A.M.
THG has announced the acquisition of London’s 18-year-old business newspaper, City A.M. The news comes after it was revealed that…
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Online & Digital
THG in talks to buy City A.M.
Online beauty retailer THG is reportedly in advanced talks with London business newspaper, City A.M. to acquire it through a…
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Clothing & Shoes
Superdry to close eight UK stores
Fashion retailer Superdry has confirmed that it is closing eight of its franchise stores in the UK, according to Drapers.…
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Clothing & Shoes
Adidas receives $565m in orders for first batch of unsold Yeezys
Adidas has sold around 4 million Yeezy shoes for $565m ( £440.7m) in an online sale after serving ties with…
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Economy
Consumer confidence falls in July
Consumer confidence index dropped six points in July to -30 as “reality bites” resilient consumers amid rising inflation and interest…
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