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Adidas hikes outlook despite hit to China sales
German sports giant Adidas raised its outlook for full-year sales and profitability as demand soared in most of the world but took a hit in China where Western brands faced a boycott of their products in late March
Fashion
Business
Hammerson H1 profit rises slightly, but footfall woes linger
British mall operator Hammerson on Thursday reported a 14% rise in half-year profit thanks to a retail recovery following the easing of lockdowns and lower costs, but footfall is yet to rebound to pre-pandemic levels.
Fashion
Business
Ralph Lauren rebounds in Q1, N America sales jump 300%
With a strong performance across North America and Europe, American fashion company Ralph Lauren Corporation has bounced back with 182% growth in revenue to $1.4bn.
Luxury
Business
Zalando sees Q2 growth, spends more on marketing as lockdowns ease
Shares in Zalando fell on Thursday after the German online fashion retailer said it had spent more on marketing to keep its customers shopping online as stores reopened due to the easing of coronavirus lockdowns.
Fashion
Business
Design
Carolina Herrera's Wes Gordon to receive an award from FIT
Wes Gordon, the creative director of Carolina Herrera, is set to receive the 2021 Couture Council Award for Artistry of Fashion from The Museum at FIT.
Luxury
Design
Red Carpet Green Dress 2021 competition returns
Red Carpet Green Dress (RCGD) is set to launch the next edition of its global design contest, as it opens for applications on Friday.
Fashion
Design
Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia
Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann.
Fashion
Design
From dresses and skorts to hijabs, badminton's women wear what they like
Female athletes have fought long and hard for the right to choose what they wear when they compete at the Olympics, and at the Tokyo Games more and more athletes and fans are speaking out and taking action.
Fashion
Design
Appointments
Mike Ashley set to step down as Frasers CEO next year
Mike Ashley, British retailer Frasers' founder and biggest shareholder, will likely step down as chief executive next year and be succeeded by Michael Murray, the group's "head of elevation", it said on Thursday.
Fashion
Appointments
Mike Ashley set to step down from CEO role at Frasers - report
Mike Ashley, the Sports Direct entrepreneur, is preparing to step back from his high-profile role as CEO of his growing retail empire. He’ll hand control to his future son-in-law Michael Murray, the Telegraph reported.
Fashion
Appointments
SMCP's Daniel Lalonde to lead Design Holding
Following news on Monday that Daniel Lalonde is moving on from his role as CEO of SMCP, Design Holding has announced his appointment as its new chief executive with effect from October.
Luxury
Appointments
Guichot becomes SMCP chief as Lalonde quits for new opportunity
Big change is coming at SMCP. On Monday, the Sandro, Maje, Claudie Pierlot and Fursac owner named Isabelle Guichot as its new CEO, to replace Daniel Lalonde who’s off to pastures new.
Fashion
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