U.S. holiday sales miss estimates as inflation weighs on demand: NRF By Reuters U.S. holiday sales rose by 5.3%, but fell short of estimates, as shoppers feeling the brunt of stubbornly high inflation pulled forward purchases to October when retailers…
Supreme opens giant store in West Hollywood One week after the opening of the new Supreme store in Los Angeles, the queue has not diminished. Every day, count 30 minutes minimum to enter, and four bodyguards, with headphones and walkie-talkie…
Amazon raises hourly pay for UK workers by 50 pence; union mulls more strikes By Reuters Amazon Reuters The pay rise comes less than a week after hundreds of workers at an Amazon warehouse in Coventry in central England staged the…
Italy’s Golden Goose to spread its wings beyond sneakers By Reuters API Fashion Italian luxury sneaker brand Golden Goose reported a 30% rise in revenues last year and sees scope for further growth by expanding beyond its core product range,…
US textile/apparel imports and exports exceed pre-pandemic levels In 2022, textile and apparel imports into the USA were worth $132.2 billion, exceeding the figure of $127.7 billion recorded in 2019. Exports instead topped the $30.4 billion mark, well up compared…
Brownie closes 2022 with 100 points of sale and €70 million in revenues Translated by Roberta HERRERA Internationalisation is leading Brownie’s new era. Founded in 2006 by Mercedes Ortega and Juan Morera, the Barcelona-based women’s fashion brand is embarking on…
Safilo evaluates sale of Italian Longarone plant By Reuters API Italian eyewear group Safilo Jimmy Choo The group, which makes eyewear for brands including Hugo BossJimmy Choo Safilo is “now evaluating a potential transfer of the Longarone plant to potential…
Cat Footwear updates ‘Generations’ campaign with new young ‘grafters’ Celebrating a history of heritage workwear, Cat Luxury sustainable handbag designer Louie Akinwale The campaign evolves by exploring new fields and crafts spotlighting five individuals from make-up artists, upholsterers to potters…
Lightspeed to cut 300 roles Montreal-based commerce tech firm Lightspeed Commerce Inc. announced on Monday a reorganization including the elimination of 10 percent of its headcount. Lightspeed to cut 300 roles. – Lightspeed The reorganization includes the reduction of approximately…
Bershka marks 25th anniversary by unveiling new logo, updated corporate identity Translated by Roberta HERRERA InditexBershka The brand’s new identity has already been presented in Lisbon – Bershka Bershka has changed its logo for the first time in its history,…
