Most US consumers reluctant to spend due to inflation, but still buying office-wear By Fibre2Fashion Around four out of five consumers (80 per cent) in the US say that they are less confident about spending, while 62 per cent of…
Joules says Next ends stake purchase talks, founder to return in product role JoulesNext Joules Just over a month ago, it had emerged that Next was possibly to take a 25% stake in the firm at no less than the…
Oxford Industries acquires Johnny Was Oxford IndustriesWas The transaction was financed primarily by cash on hand, with the remaining approximately $100 million funded with borrowings under Oxford’s revolving credit facility. Oxford Industries said it expects to repay all borrowings within one year…
Rent the Runway Q1 sales double, profit losses unchanged Rent the Runway Rent the Runway The New York-based company said revenues for the first quarter totalled $67.1 million. The luxury platform said active subscribers totalled 134,998, up 82% year-over-year from 74,018…
Amid U.S. retail gloom, Uniqlo shines on Covid-triggered revamp Just as inflation ravages the big guns of U.S. apparel retail, awash in high inventory and deep discounts to lure shoppers back to stores, Japan’s Uniqlo Uniqlo Retailers from Gap to Kohl’s are…
U.S. retail sales unexpectedly rise, but inflation hampering spending By Reuters U.S. retail sales unexpectedly rebounded in August as Americans ramped up purchases of motor vehicles and dined out more amid lower gasoline prices, but demand is cooling as the…
Miami Fashion Week goes virtual with Metaverse Group By Fibre2Fashion Metaverse Group, a vertically integrated NFT based metaverse real estate company and a subsidiary of Canada’s Tokens.com, has joined hands with Miami Fashion Week to host fashion week The virtual grand opening…
The 2022 CFDA Fashion Awards partners with Amazon Fashion The CFDA announced on Tuesday that Amazon FashionCFDA Fashion Awards Clockwise from top left: Joseph Altuzarra, Aurora James, Gabriela Hearst, and Lazaro Hernandez and Jack McCollough – CFDA Set to take…
Nike revenue beats as Europe demand overshadows China sales slump By Reuters API Nike Nike The company’s shares rose about 1% to $111.80 after the bell and Nike also announced a new $18 billion class B stock repurchase plan. Affluent…
Buhler Quality Yarns Corp. is a proud member of the U.S. Cotton Trust Protocol® Sponsored Article As a member of the U.S. Cotton Trust Protocol, Buhler Quality Yarns Corp. can be identified as part of a fully transparent supply chain.…
