Clarks launches Collective for AW22, links with global activists As AW22 campaign season gets under way, Clarks The global campaign they star in takes the footwear retailer’s “commitment to innovation into a new, modern space with a refreshed brand…
Gap eliminates 500 corporate jobs amid shrinking margins By Reuters GapOld Navy Gap The company is laying off staff and eliminating positions that are currently open across a range of departments, it said. The eliminated roles are mainly at its…
Wolverine Worldwide sells Champion footwear license to HanesBrands WolverineKedsChampion Keds As part of the agreement, the Rockford, Michigan-based footwear company said it will retain a “perpetual license” to continue using the Champion trademark on certain footwear, including the Keds Champion sneaker that…
Walmart to charge some suppliers new fuel and pickup fees By Reuters Walmart Inc will charge some of its suppliers from next month new fees to transport goods to its warehouses and stores in response to rising fuel and transportation…
Grounded People secures $2.5 million in funding Ethical and sustainable Canadian vegan footwear company Grounded People Apparel Inc. announced on Friday a breakthrough investment from Vancouver-based Right Season Investments Corp. Grounded People Apparel secures $2.5 million in funding – Grounded…
Next inks major sportswear deal with Fanatics Fashion retail giant Next The deal is a big European move for Fanatics, tying up with major retailer outside the US for the first time. It gives Next’s customers access to the platform’s…
Swiss firm Archroma to acquire Textile Effects business of Huntsman By Fibre2Fashion Archroma, a global leader in sustainable specialty chemicals and solutions and a portfolio company of the US-based private investment firm SK Capital Partners, has announced it has entered…
Gymshark prepares to open first permanent store this weekend The big news about UK sports store openings in recent weeks may have focused on Battersea Power Station, but for GymsharkRegent Street Gymshark The 18,000 sq ft store (which took over…
Italian sportswear brand Macron records revenue just shy of €170 million in 2022 Translated by Nicola Mira Italian sportswear group Macron Macron EBITDA was €24.2 million, equivalent to 14.2% of revenue, while EBIT was €18.4 million, or 10.8% of revenue.…
Joules troubles deepen as credit insurer pulls cover Struggling Joules Joules The news was published in The Sunday Times, which said it means further doubt around the likelihood of Next Credit insurance is key as it protects suppliers in case…
