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Lululemon sees 2023 sales, profit above estimates on strong demand
Lululemon Athletica Inc forecast annual sales and profit above Wall Street estimates on Tuesday, betting on strong demand for its pricier yoga wear even as inflation hurts consumer spending.
Fashion
Banana Republic launches new home categories
Gap-owned fashion brand Banana Republic is once again expanding its offering with the launch of a growing 'BR Home' collection.
Fashion
Macy's adds to board
Macy’s, Inc. has announced the appointment of Naveen Chopra, executive vice president and chief financial officer of Paramount Global, to its board of directors, effective April 1.
Fashion
Next confirms Cath Kidston acquisition for £8.5m
Next has confirmed its widely expected purchase of the Cath Kidston brand. In the briefest of stock exchange announcements the company said it's paying £8.5 million for the brand.
Fashion
Stradivarius launches first campaign created with artificial intelligence
The Barcelona-based retail chain owned by the Inditex group used AI to create its spring campaign. The innovative initiative saw AI create dreamlike images of virtual models and garments.
Fashion
Landsec takes full control of St David’s mall, buys adjacent ex-Debenhams space too
Landsec now owns all of the successful St David's shopping centre in Cardiff, as part of the commercial property giant’s bid to build on “operational and strategic momentum”.
Fashion
Inditex discontinues sustainability label 'Join Life'
Inditex has discontinued its sustainability label eight years after its launch, as stated in the group's annual report 2022. Last year, 'Join Life' products represented 61% of Inditex's offer.
Fashion
Calvin Klein signs Jung Kook for denim and intimates
Calvin Klein has added Jung Kook to its ambassador roster. The South Korean singer, songwriter and member of BTS, is its new global brand ambassador for jeans and underwear.
Fashion
Antony Morato reports 2022 revenue of €74 million, up 19%
The Italian contemporary fashion label has been reaping the rewards of its digital innovation and omni-channel operations drive, with e-tail sales growing 24% over 2021 and 43% over 2019.
Fashion
Decentraland and Over stage second Metaverse Fashion Week
After a first edition big on novelty appeal, the Metaverse Fashion Week is back on March 28. There will be fewer shows, but some major names will star on Decentraland, while Over is staging a hybrid show in Milan.
Fashion
Hotter owner Unbound mulls possible takeover by WoolOvers Group
Unbound Group is the latest stock exchange-listed UK business to consider a takeover offer that may be well above its market capitalisation based on its recent share price, but is still far below its all-time high.
Fashion
ModaLisboa shines spotlight on Portuguese design
Faced with the challenge of creating a design scene supported by its powerful production industry, Portugal held the 60th edition of ModaLisboa, showcasing both established and emerging Portuguese brands.
Fashion
Next in talks on Cath Kidston buy, deal possibly imminent
Next is back on the acquisition trail. The retail giant, which delivers its results later this week, is reportedly in “advanced talks” about buying troubled Cath Kidston.
Fashion
PVH finishes 2022 strong with better-than-expected Q4 sales
PVH Corp. announced on Monday revenues decreased 1% to $9.024 billion for the full-year 2022, following a better-than-expected fourth quarter where sales increased by single digits for the three-month period.
Fashion
Rodd & Gunn collaborates with sporting brand Gilbert
New Zealand heritage brand Rodd & Gunn has teamed up with sporting goods manufacturer Gilbert to design an exclusive clothing collection, as an ode to rugby.
Fashion
American Eagle, E.L.F. launch denim-inspired makeup and skincare collection
American Eagle and E.L.F. Beauty are teaming up to launch a new denim-inspired makeup and skincare collection.
Fashion