Izod inks kidswear licensing deal with Groupe Lemur Authentic Brands GroupIzod Izod The Izod kids’ swim, ski and outerwear collections will be available at national and regional department stores beginning in spring 2023, according to the New York-based ABG. “Izod…
Indian lender initiates bankruptcy process against Future’s fashion unit By Reuters API A lead lender to India’s Future Lifestyle has dragged the fashion retailer to bankruptcy, the company told the stock exchange on Monday, adding that it was seeking legal…
Lululemon lifts annual forecasts as affluent shoppers snap up new launches Lululemon Athletica Inc on Thursday raised its annual profit and revenue forecasts as demand from affluent customers for its new belt bags, golf and tennis clothing cushions the blow…
ASOS lures Phipps from Nike to head sports and outdoor ASOS is beefing up its sportswear and outdoor commitment. The online fashion giant has appointed former NikePhipps ASOS/Adidas As its new director of sportwear and outdoor, Phipps joins with a…
Gilly Hicks opens first Irish store Gilly Hicks Gilly Hicks The activewear and intimates retailer has opened in Belfast’s Victoria Square on the lower ground floor level. Features in the new store include click & collect, order & reserve in-store,…
De Rigo buys Rodenstock’s eyewear division, confirms 2022 revenue guidance at over €450 million Translated by Nicola Mira Italian eyewear group De Rigo, one of the world’s leading specialists in the design, production and distribution of quality glasses, has inked…
Victoria’s Secret acquires Adore Me U.S. lingerie giant Victoria’s Secret announced on Tuesday plans to acquire digitally-native intimates brand Adore Me, as the company makes further inroads in the online undergarment market. Victoria’s Secret Victoria’s Secret said its expects to leverage…
Why Tom of Finland is a fashion phenomenon Last week, the Tom of Finland license unveiled its new collaboration with JW AndersonComme des Garçons to Diesel Joakim Andreasson, Director of Tom of Finland’s licence FashionNetwork.com: What messages and values does…
TJX lifts sales forecast on demand for discounted apparel By Reuters TJX Cos Inc raised annual same-store sales forecast and beat quarterly profit estimates on Wednesday, as cash-strapped consumers turn to the discount store for affordable clothing and home decor…
Launchmetrics launches visual content platform and invests in AI Translated by Roberta HERRERA Launchmetrics Launchmetrics One of the main objectives of the project is to reach out to smaller and emerging brands. “After the acquisition of DMR (last March), we…
