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…
Britons stockpile thermal underwear to fight rising heating bills By Reuters API British shoppers are stockpiling thermal underwear, gloves and dressing gowns to help them fight the cold this winter as they try to avoid turning up the thermostat to…
Italian fashion industry expects record results in 2022 Translated by Nicola Mira “In 2022, we are going to reach and even exceed the level of sales generated before the 2008 crisis, recording the [Italian] fashion industry’s highest revenue in the…
Columbia Sportswear posts record sales quarter, profit up double digits Columbia Columbia Sportswear The Portland, Oregon-based company said net sales increased 19% to a record $955 million, compared to the third quarter of 2021. The increase in sales reflected earlier shipment…
Walmart cuts jobs at corporate level – report By Reuters Walmart Inc is cutting hundreds of corporate roles in a restructuring effort, the Wall Street Journal reported on August 3, citing people familiar with the matter. Archivo Around 200 jobs are…
New Guards Group debuts at Mido trade show with eyewear collections Translated by Nicola Mira New Guards Group is striding ahead in the world of eyewear. Two years after setting up a dedicated division, the Italian fashion group, controlled by…
Puma launches We Are Legends platform Translated by Nicola Mira PumaLegends ‘The Yard’ collection by Puma’s We Are Legends – Puma With this initiative, Puma is keen to boost black representation within the design industry. We Are Legends is driven…
AMI to stage runway show in Seoul on October 11 AMI and Alexandre Mattiussi DR One of France’s fastest growing fashion marques, AMI will present an exclusive Spring-Summer 23 men’s and women’s collection in Seoul, during the local fashion week Back…
BabyKid Spain+Fimi closes an edition marked by internationalisation Translated by Roberta HERRERA In what many have described as “the edition of recovery,” the children’s fashion, footwear, childcare and toy fair has made progress in its international roll-out strategy. Held from…
Oysho bets on streaming and becomes sponsor of the Queens League Oysho Translated by Roberta HERRERA The InditexOysho The brand will provide official kits and sports equipment to the players taking part in the competition – Oysho The event will…
