Circular childrenswear brand Frugi is collaborating with the Cotton Lives On recycling programme. The initiative aims to give new life to worn out cotton clothing as roll mats often provided to people experiencing homelessness. The Cotton Lives On programme extends the life of cotton in a way that helps both people and planet. The programme...
5 hours ago
The latest sneaker drops from the world’s leading sportswear manufacturers are likely to be made with plastic components. For example, a foam used in most sneaker midsoles is derived from fossil fuels. While the thought of wearing plastic shoes rarely enters the fashion dialogue, these materials are manufactured from petrochemicals, which is...
US outdoor brand Eddie Bauer has launched a resale service through an extended partnership with full-service technology and reverse logistics company Arrive. The new (Re)Adventure program allows Eddie Bauer customers to buy second-hand, refurbished items at lower costs or rent popular products. “Arrive has been an incredible partner for Eddie...
6 hours ago
Fashionpreneurship podcast asks the question: 'Should I manufacture or do wholesaling?' in this 30-minute episode. The host magnifies the pros and cons of each, and how to figure out what is right for your business.
Foot Locker has reported a drop in profit and sales in the second quarter against record results a year earlier as it announced key changes to its leadership team. In the three months to July 30, net income dropped steeply to 94 million dollars from 430 million dollars a year earlier. Meanwhile, net sales came in at 2.07 billion dollars, down...
7 hours ago
The Estée Lauder Companies has reported a drop in profit and revenue in the fourth quarter of the year as Covid-related restrictions in Mainland China continued to impact the business. In the three months to June 30, net income dropped sharply to 52 million dollars from 1.02 billion dollars a year earlier. Net sales in the quarter dropped 9.6...
9 hours ago
Having established a reputation as the ‘green’ fashion week, Copenhagen’s showcase stayed true to its ethical and sustainable roots with an SS23 outing focused on remaking, reusing, and recycling. Upcycled materials, gathered from existing products or waste by-products were reinvented as contemporary apparel with business models centered around...
10 hours ago
Global Fashion Group (GFG) has reported revenue of 505.9 million euros in the second quarter ended June 30, up 27.3 percent from the previous year, or up 10.8 percent at constant exchange rates. The group, which operates e-commerce platforms The Iconic, Zalora, Dafiti, and Lamoda, posted net merchandise value (NMV) of 610.1 million euros, up...
As Sephora at Kohl’s celebrates one year since first opening its doors, the brand's presence will now expand to all of Kohl’s 1,100 locations. “Sephora at Kohl's provides our customers with easier access to prestige beauty, and the partnership has brought in new, younger and more diverse customers to Kohl's," said Michelle Gass, Kohl’s chief...
14 hours ago
Ross Stores, Inc. reported second quarter earnings per share of 1.11 dollars on net income of 385 million dollars compared to 1.39 dollars per share on net earnings of 494 million dollars for the same quarter last year. Sales for the quarter were 4.6 billion dollars versus 4.8 billion dollars in the prior year period. Comparable store sales were...
Frasers Group has reportedly appointed a chief executive officer to take the helm of two Manchester-based fast fashion companies it bought in quick succession in recent months. Greg Pateras is the new joint CEO of Missguided and I Saw It First, according to a memo seen by Retail Gazette. FashionUnited has reached out to Frasers Group for...
Aug 18, 2022
The billionaire Weston Family has completed its sale of Selfridges Group to a Thai and Austrian joint venture. Last year, the Weston family agreed to sell the business to Thailand’s Central Group and Austrian-based property company Signa Holding, with each company taking a 50 percent stake. As well as owning the iconic Selfridges department...
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