Business

Mothercare reports widening full-year losses

Mothercare has reported widening losses and a drop in full-year turnover as the pandemic put a spanner in the works of the maternity and childrenswear specialist’s ongoing transformation strategy. For the year to March 27, the company’s statutory loss widened to 21.5 million pounds from 8.5 million pounds a year earlier, while its turnover fell...

2 hours ago

Business

Wolverine Worldwide posts Q2 sales growth of 81 percent

For the second quarter of 2021, Wolverine World Wide, Inc. said, reported revenue was 631.9 million dollars, up 81 percent versus the prior year. On a constant currency basis, revenue was up 77.7 percent versus the prior year. The company said in a release that total direct-to-consumer reported revenue was up 17.5 percent versus the prior year...

3 hours ago

Fashion

Woolrich revives ‘The Woolrich Woman’ with Daniëlle Cathari

Outdoor brand Woolrich is reviving its ‘80s label ‘The Woolrich Woman’ with Amsterdam-based designer Daniëlle Cathari, known for her playful subversion and reconstruction of fashion norms. Woolrich confirmed that a revival of ‘The Woolrich Woman’ for a new generation would evolve over multiple seasons, with Cathari selected to embed her “...

5 hours ago

Culture |In Pictures

Design Museum Holon opens largest fashion exhibition to date

Design Museum Holon, the first museum in Israel dedicated to design, has opened its “most ambitious” fashion exhibition spanning the entire museum. ‘The Ball’ open until December 11, is billed as a multi-sensory theatrical experience, combining fashion, sound, music, scenery, and lighting to showcase how dresses from the past resonate with...

6 hours ago

Fashion

The controversial "Not Your Mother's Tiffany" campaign aims to sell aspiration, not stuffy jewellery

There are no ladies clad in gowns, adorned in haute jewellery, featured in the current – and controversial – Tiffany & Co campaign. Models styled in double denim (less downtown Sex and the City and more Lower East Side grunge) are accessorised with bold linked chains, chunky silver cuffs and pearls. So far so ordinary. Except the byline, Not...

6 hours ago

Business

Dr Martens Q1 sales jump above pre-Covid levels

British bootmaker Dr Martens has reported a surge in first-quarter sales ahead of pre-Covid 2019 levels. The company, which earlier this year launched its IPO on the London Stock Exchange, said revenue in the three months to June 30 reached 147.3 million pounds, that’s 52 percent higher than a year ago, which the company said was a “weak...

6 hours ago

Business

Puma sales and profit increase, expects FY21 sales to grow by 20 percent

Sales at Puma increased by 95.8 percent currency adjusted and 91.2 percent reported to 1,589.1 million euros. The company said, all regions and product divisions contributed with at least double-digit currency adjusted sales increases. The company added that Americas reported the strongest currency adjusted growth of 181.8 percent, driven by...

8 hours ago

Business

Steve Madden Q2 revenues increase 178.6 percent

Steven Madden, Ltd. reported revenue increase of 178.6 percent to 397.9 million dollars compared to the same period of 2020. The company’s gross margin increased to 42.7 percent compared to 39.1 percent in the same period of 2020. Net income attributable to Steven Madden, Ltd. was 36.9 million dollars or 45 cents per diluted share, compared to...

10 hours ago

More News

Fashion

YNAP meets renewable electricity target across operated facilities

Italian luxury group Yoox Net-a-Porter (YNAP) says it achieved its goal of sourcing 100 percent of renewable electricity across the operated facilities it manages by the end of 2020. The group announced the target in November last year as part of a broader sustainability strategy called ‘Infinity’. YNAP revealed on Thursday it met that target...

1 hour ago

Fashion

Fashion Trend Snack by Christine Boland: the top 5 colours for SS22

Of all the trends for next season, Christine Boland’s Trend Snack gives a ‘bite size’ report of the 5 must-do colours, fabrics, textures, patterns, silhouettes etc to incorporate into your fashion collection. Today we focus on the It-colours. #1 Bandaid beige as seen @ Boss, Hermés, Fendi & Max Mara Image credit: Pexels, and Hugo Boss SS21 via...

3 hours ago

Fashion

Boohoo drops rapper DaBaby following HIV comments

UK fashion giant Boohoo has ended its partnership announced earlier this year with rapper DaBaby following comments he made about people with HIV during a concert in the US. Boohoo, which announced in June its menswear brand had struck a deal with the US rapper for a limited-edition 100-piece collection, announced on Wednesday the partnership...

4 hours ago

Retail

Twitter to pilot direct shopping feature on brand pages

Twitter is the latest social media giant to tap into the red-hot online shopping world with a new pilot feature allowing users to buy products directly from brands’ profiles. In a Twitter blog, the company said it had previously explored the idea of adding a ‘Buy Now’ button, product pages and product collections way back in 2015, but ultimately...

4 hours ago

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