Fashion brands that find their businesses upended by the pandemic are finding creative new ways to operate. Here's how they did it.
Fashion brands that find their businesses upended by the pandemic are finding creative new ways to operate. Here's how they did it.
Almost half of British companies expect to furlough 50 percent or more of their workforce, according to a survey, meaning reliance on a government scheme that will pay up to 80 percent of employee wages.
Almost half of British companies expect to furlough 50 percent or more of their workforce, according to a survey, meaning reliance on a government scheme that will pay up to 80 percent of employee wages.
The meeting will see majority owner Mike Ashley face opposition to his re-election as a director.
The meeting will see majority owner Mike Ashley face opposition to his re-election as a director.
The italian luxury fashion house's revenue fell by 8 percent, sparking plans to reshuffle its sub-brand offering.
The italian luxury fashion house's revenue fell by 8 percent, sparking plans to reshuffle its sub-brand offering.
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The British high street chain reported statutory loss before tax of £522.2 million for the year ended March, compared with a loss of £190.2 million a year earlier.
The British high street chain reported statutory loss before tax of £522.2 million for the year ended March, compared with a loss of £190.2 million a year earlier.
The British luxury bag maker swung to an annual loss as it took a £3 million ($3.77 million) hit from the collapse of department store group House of Fraser.
The British luxury bag maker swung to an annual loss as it took a £3 million ($3.77 million) hit from the collapse of department store group House of Fraser.
Canada Goose, Abercrombie & Fitch and Capri Holdings posted historic stock declines this week, together erasing about $2.7 billion in market capitalisation.
Canada Goose, Abercrombie & Fitch and Capri Holdings posted historic stock declines this week, together erasing about $2.7 billion in market capitalisation.
Chief executive Thierry Andretta is trying to turn things around, but the British heritage brand is a no-show at London Fashion Week again this season after years of sluggish sales and a slumping share price.
Chief executive Thierry Andretta is trying to turn things around, but the British heritage brand is a no-show at London Fashion Week again this season after years of sluggish sales and a slumping share price.
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The British retailer announced it was on track to make analysts' forecasts for full year profit, although sales growth for its latest trading period came in short of market expectations.
The British retailer announced it was on track to make analysts' forecasts for full year profit, although sales growth for its latest trading period came in short of market expectations.
Salvatore Ferragamo was once the world’s buzziest luxury shoemaker, but the storied ‘sleeping beauty’ is having trouble coming back to life.
Salvatore Ferragamo was once the world’s buzziest luxury shoemaker, but the storied ‘sleeping beauty’ is having trouble coming back to life.
Revenue decreased 7.4 percent in the Americas and slid 2.7 percent in Europe on a constant-currency basis.
Revenue decreased 7.4 percent in the Americas and slid 2.7 percent in Europe on a constant-currency basis.
Macy's said the shutdown of 68 stores, a part of the 100-store closures the company had announced in August last year, may result in the layoff of about 3,900 associates.
Macy's said the shutdown of 68 stores, a part of the 100-store closures the company had announced in August last year, may result in the layoff of about 3,900 associates.
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.
The retailer said it was accounting for the 15 percent tariff announced by US president Donald Trump after the Supreme Court struck down most of his earlier tariffs.
Melissa Sperau, formerly of Shiseido, will join the US prestige cosmetics maker effective March 6.