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Michelle Russell

Vinted eyes secondhand market growth with United Wardrobe buy

27 October 2020 | Michelle Russell

European secondhand fashion marketplace Vinted has acquired what is claimed to be the largest secondhand fashion platform in the Netherlands, United Wardrobe.... read more


Clarks starts restructuring talks with landlords?

27 October 2020 | Michelle Russell

Clarks is understood to have started discussions with landlords over the potential switch to a ‘turnover rent’ model as part of a restructuring by the UK footwear chain.... read more


Gap brand mulls store closures across Europe

22 October 2020 | Michelle Russell

US apparel brand Gap is to pare back its store presence in Europe with the potential closure of bricks and mortar stores across the continent and the possibility of transferring some of the business to third-parties.... read more


Kohl's to launch speciality athleisure brand

21 October 2020 | Michelle Russell

Kohl's is to launch a new private label speciality athleisure brand, produced using sustainable methods and materials, as the US department store retailer looks to strengthen its position in active and casual apparel to tap into consumer demand for more comfortable clothing.... read more


Alibaba to buy controlling stake in Sun Art Retail

20 October 2020 | Michelle Russell

China's Alibaba Group Holding Limited is to take a majority stake in Sun Art Retail Group Limited, one of the country's largest big box retailers.... read more


Manhattan Associates rolls out omnichannel-centric solution

20 October 2020 | Michelle Russell

Supply chain software firm Manhattan Associates has introduced what it claims is the first allocation solution specifically engineered for today’s omnichannel marketplace.... read more


Boohoo faces more challenges as it seeks new auditor

19 October 2020 | Michelle Russell

UK online fashion retailer Boohoo is facing more challenges this week after it emerged that PricewaterhouseCoopers (PwC) is stepping down as its auditor, following a recent investigation linking some of the company's suppliers to money laundering and VAT fraud.... read more


US apparel retailer bankruptcies among top in 2020

19 October 2020 | Michelle Russell

Apparel and footwear companies are amongst the three retail industries to have suffered the most this year through bankruptcies as a result of the pandemic, new figures show, with the outlook remaining bleak.... read more


China's 3Colour chooses PLM to help e-commerce growth

16 October 2020 | Michelle Russell

Chinese fashion brand 3Colour is to implement a new Product Lifecycle Management (PLM) solution across its rapidly-expanding e-commerce business.... read more


Fashion Pact doubles membership one year on

14 October 2020 | Michelle Russell

The Fashion Pact, a coalition aimed at reducing the environmental impact of the apparel industry, has doubled its membership one year on from its launch, while also setting out a digital dashboard of KPIs and an operations structure.... read more


Matalan cautious as Q2 profits slump by almost a third

14 October 2020 | Michelle Russell

UK value clothing retailer Matalan has booked a decline in second-quarter earnings and issued a cautious outlook amid the reinstatement of Government restrictions due to Covid-19.... read more


Sustainability event focus of garment worker wage campaign

12 October 2020 | Michelle Russell

H&M, Nike, Bestseller have become the target of a new campaign by the Clean Clothes Campaign demanding wage assurance for garment workers, with disruption of the Copenhagen Fashion Summit its focus.... read more


N Brown strengthens senior team with buying head

8 October 2020 | Michelle Russell

UK digital clothing retailer N Brown is continuing to strengthen its senior management team with four new appointments including buying director.... read more


Boohoo insists leadership committed to delivering change – Update

6 October 2020 | Michelle Russell

UK online fashion retailer Boohoo has said its leadership is "absolutely committed" to delivering change, despite calls by UK MP Liz Kendall for the replacement of the company's chair and CEO after an independent investigation into its supply chain found evidence of illegal work conditions.... read more


M&S brings back Shwopping recycling programme

2 October 2020 | Michelle Russell

UK clothing, homewares and food retailer Marks & Spencer hope to continue to keep clothing out of landfill with the return of its Shwopping recycling scheme.... read more


Three-quarters of UK shoppers put off shopping in-store

1 October 2020 | Michelle Russell

Almost three-quarters of UK shoppers will be put off shopping in-store because of the impact of Covid-19, new figures show, drastically shifting the proportion they spend online.... read more


PVH names Larsson as CEO to succeed Chirico

30 September 2020 | Michelle Russell

PVH Corp, parent company to Calvin Klein and Tommy Hilfiger, has announced president Stefan Larsson will take up the role of CEO from February 2021.... read more


Asket offers environmental breakdown of garments

30 September 2020 | Michelle Russell

Swedish fashion label Asket is preparing to launch an Impact Receipt on its garments that shares with consumers the CO2, energy and water consumption of the items, breaking down their true environmental cost.... read more


N Brown apparel sales continue to recover in H1

30 September 2020 | Michelle Russell

N Brown said it is trading in line with its expectations after it revealed apparel sales have continued to recover from mid-March levels and product revenue is improving.... read more


New Ted Baker licensing deals with Next and Baird Group

28 September 2020 | Michelle Russell

UK high street fashion chain Ted Baker has agreed new licensing deals with Next Plc and Ben Sherman's licensee Baird Group, in a move it says will enhance supply chain efficiency.... read more


Fashion sees lasting e-commerce upside from pandemic

24 September 2020 | Michelle Russell

The global fashion and accessories industry was one of the winners in the shift to e-commerce due to the pandemic, new figures show.... read more


Nike sees permanent digital shift as online sales soar 82%

23 September 2020 | Michelle Russell

US sporting giant Nike says the shift to online sales could be a permanent trend after it revealed an 82% increase in digital sales in the first quarter.... read more


J.Crew closes UK business with loss of 75 jobs

22 September 2020 | Michelle Russell

US apparel retailer J.Crew Group has appointed liquidators for its UK business, resulting in the closure of all stores in the country.... read more


Tech companies collaborate to bring transparency to fashion

22 September 2020 | Michelle Russell

Blockchain firm Everledger has partnered with Internet of Things (IoT) specialist Temera to provide brands in the apparel and luxury sectors with greater transparency and the ability to better demonstrate their green commitments.... read more


UK inflation falls in August as clothing price rise slows

21 September 2020 | Michelle Russell

The UK's rate of inflation dropped in August from a month earlier, pushed down by falling air fares and an easing of clothing price rises.... read more


Ascena Retail sells Catherines to FullBeauty Brands?

21 September 2020 | Michelle Russell

Ascena Retail Group, owner of the Ann Taylor, Loft and Lane Bryant chains, has reportedly sold its Catherines brand for more than double what it was initially offered.... read more


John Lewis axes bonus as losses slump to GBP635m

17 September 2020 | Michelle Russell

John Lewis & Partners has said it will not pay a staff bonus next year as it revealed a loss before tax in the first half of GBP635m (US$822m). ... read more


Kohl's to cut 15% of corporate workforce as Covid-19 bites

16 September 2020 | Michelle Russell

US department store retailer Kohl’s is to cut around 15% of its corporate workforce in response to the business impact resulting from the Covid-19 pandemic.... read more


Athleisure a major contributor to US apparel sales

10 September 2020 | Michelle Russell

Athleisure has become a major contributor to US apparel sales, new data shows, with the coronavirus pandemic only fuelling consumers’ appetites for this apparel subcategory.... read more


Pentland Brands appoints new CEO in management reshuffle

9 September 2020 | Michelle Russell

Pentland Brands has made a number of management changes, including the appointment of Chirag Patel as chief executive officer.... read more


Quiz to close stores as sales plummet

9 September 2020 | Michelle Russell

Quiz says it will close around 15 of its UK stores, while none of its Spanish stores are set to reopen, as the fashion retailer revealed a 77% slump in quarterly sales.... read more


H&M's Cos label launches Resell resale platform

8 September 2020 | Michelle Russell

H&M’s Cos fashion label has launched an online clothing resale platform where shoppers can buy and sell pre-loved clothing.... read more


Weak footfall and shift to online weighs on JD Sports H1

8 September 2020 | Michelle Russell

JS Sports saw both earnings and sales slide in its first half as weak footfall and additional costs associated with a shift in revenues to online channels during temporary store closures weighed on results.... read more


Worker rights risks rise to the fore

7 September 2020 | Michelle Russell

As fashion brands and retailers begin to reset and reshape their supply chains as they emerge from the global coronavirus pandemic, a new multi-year investigation has identified child labour and audit deception among the risks at stake when sourcing from garment factories in Myanmar.... read more


RTW Retailwinds sells online ops in new $40m deal

2 September 2020 | Michelle Russell

RTW Retailwinds has sold its New York & Co e-commerce business to Saadia Group through a bankruptcy auction – superseding a prior agreement with Sunrise Brands announced last month.... read more


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