Gap sees weak sales as inflation-hit consumers rein in spending on apparel By Reuters Gap Gap Shares of the company fell about 8% in extended trading after the Banana Republic With the Federal Reserve prepared to raise interest rates more…
Ross Stores to open 100 new locations this year Off-price fashion retailer Ross Stores Ross Stores to open 100 new locations this year. – Ross Stores In particular, 11 Ross Dress for Less and Eight DD’s Discounts stores have opened…
CWF: Arkéa Capital, Raise and Dzeta Group inject 140 million in capital Translated by Cassidy STEPHENS Following the arrival of Alain Pourcelot (ex-AdidasChildren Worldwide Fashion CWF – DR According to a press release from Arkéa Capital, this refinancing will allow…
German department store Galeria Karstadt Kaufhof to close 52 branches, 4,000 jobs at risk By AFP Translated by Nicola Mira The iconic German department store chain Galeria KarstadtKaufhof GALERIA “After intense negotiations with lessors and city authorities, there is no…
Marimekko opens experiential store in New York’s SoHo Finnish design house Marimekko Marimekko opens experiential store in SoHo, NYC. – Marimekko The new, dynamic store concept, located at 97 Wooster Street, at the heart of the city, embodies the brand’s…
Foot Locker sales inch forward in 2022, reveals transformation plan Foot Locker Foot Locker The New York-based company said sale for the quarter ending January 28 decreased by 0.3%, to $2.33 billion, despot comparable-store sales growing by 4.2%, driven by increased traffic…
Mango teams up with Californian brand Simon Miller to gain foothold in the U.S. Translated by Roberta HERRERA The Spanish brand is continuing to collaborate with international brands and celebrities in order to promote its range of products while positioning…
Skechers post record quarterly sales for 18% surge in 2022 revenues Skechers Skechers The Los Angeles-based company said sales for the quarter ending December 31 increased 13.5%, on the back of a 22.3% increase in domestic sales and an 8.7%…
Prada launches ninth exclusive timecapsule NFT Prada Prada launches ninth exclusive timecapsule NFT. – Prada The Timecapsule drop is an online monthly event that takes place on the first Thursday of every month. On February 2, Prada drops its ninth…
In Paris, the chic and rebellious dark lady of Undercover Translated by Cassidy STEPHENS On the third day of the women’s ready-to-wear shows in Paris, UndercoverJun Takahashi Undercover AW23 – DR After last September’s poetic and moving collection, which marked…
