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ASOS and British Land drop out of FTSE 100 and 250 as their shares fall
In a dramatic fall from financial grace, ASOS shares have been relegated from the UK’s mid-tier FTSE 250 index. The digital fashion retailer moves into the FTSE SmallCap index from 16 June.
Fashion
Business
Walmart reiterates goal of doubling international gross merchandise in five years
Walmart still expects to double the amount of gross merchandise volume it sells in foreign markets to $200 billion in five years, a top executive at the retailer said on Friday.
Fashion
Business
Retail report: The resale market’s current playing field
The pre-owned goods sector is poised for massive growth in the next five years. FashionNetwork.com looks at some of its key players.
Luxury
Business
Mango talks U.S. market ambitions, product quality and Simon Miller collaboration
Barcelona-based fashion giant Mango and Californian brand Simon Miller have teamed up on a collaborative collection this summer, highlighting the retailer's ambitions for the U.S. market and better made products.
Fashion
Business
Design
Gap settles Patagonia trademark lawsuit over 'iconic' pocket design
Outdoor clothing retailer Patagonia Inc has settled its lawsuit accusing Gap Inc of illegally copying the "iconic" snapped flap pocket that the company has long featured on its fleece outerwear.
Fashion
Industry
2023 CFDA Fashion Awards to take place Nov. 6
The Council of Fashion Designers of America (CFDA) announced on Thursday that the 2023 CFDA Fashion Awards, will take place on Monday, November 6.
Fashion
Design
In Los Angeles' Arts District, Al's General Store showcases tomorrow's new designers
Located at former punk club Al's Bar, Al's General Store brings together emerging brands. FashionNetwork.com sat down with founder and creative director Colin T. McCarthy to talk about the dynamics of the Arts District.
Fashion
Design
UK's Royal Yachting Association names Sebago footwear licensee
Sebago has become the official supplier for The Royal Yachting Association. The four-year partnership sees the heritage footwear brand, known for its boat shoe styles, become its Onshore Lifestyle Footwear Supplier.
Fashion
Design
Appointments
Beautycounter CEO Marc Rey departs
Clean beauty firm Beautycounter has announced the appointment of board director Mindy Mackenzie to the role of interim chief executive officer, effective immediately, succeeding Marc Rey.
Beauty
Appointments
Columbia Sportswear's Sorel CEO to depart
Columbia Sportswear announced on Friday that Mark Nenow, president of its Sorel brand, has resigned in order to focus on his health.
Fashion
Appointments
Edward Enninful to exit British Vogue, taking on global advisory role
And another one bites the dust. Edward Enninful is to exit British Vogue the magazine has made known, making him the latest editor-in-chief of a Vogue in the past several years to exit their position.
Fashion
Appointments
Farfetch names new Off-White CEO, New Guards chair as founders depart
Farfetch announced on Thursday that Cristiano Fagnani has been appointed to the role of CEO of Off-White, while remaining in charge of New Guard Group's Reebok business as CEO of NGG++.
Luxury
Appointments
Trends
Agenda
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