All Lifestyle & Fashion articles – Page 7
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News briefs
Nike is the most resold fashion brand
Nike is “by far” the most resold fashion brand in the world, according to a survey of 60 (fashion, casual and sports) brands and fast-fashion banners carried out from June 4 to 7 by a British comparison website, SaveOnEnergy. It found that the Nike brand had a “staggering” 1,160,153 listings ...
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Short stops
June 1 Short Stops: Adidas - Canyon – JD Sports Fashion - Slinger Bag - Zalando
Management: +++ Winfried Rapp, who oversaw the merger of a German cable network operator, Unitymedia, with Vodafone, has joined Canyon Bicycles as chief financial officer, taking the place of the retiring Lothar Arnold, brother of the company’s founder, Roman Arnold Retail: +++ Zalando is expanding ...
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Article
Zalando lifts sales forecasts, aims for 10% of Europe’s fashion market
Zalando has lifted its sales and profit forecasts for 2021 after reporting a 23.1 percent rise in revenues to about €7,982 million for the 12 months to Dec. 31, 2020, with increases of 17.2 percent in the German-speaking countries and 28.4 percent in the rest of Europe, where they reached ...
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News briefs
On Running fashions a Federer line of tennis sneakers
The Swiss brand On Running has tailored a high-performance tennis sneaker to the needs of Roger Federer, who tried it out at the 2021 Qatar Open (Federer was upset in the quarterfinals). THE ROGER Pro, as it is called, has a “stable midsole of high-performing foam,” a “midfoot cage for ...
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News briefs
Peak Performance joins the Circular Fashion Partnership
Peak Performance is among the brands that have recently joined the Circular Fashion Partnership, a cross-sectorial project led by the Global Fashion Agenda, in partnership with Reverse Resources, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and P4G. They aim to achieve a long-term, scalable transition to a circular fashion ...
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Article
Better-than-expected profits for JD Sports Fashion
In an update on its performance through the Christmas selling period, JD Sports Fashion said that demand has remained robust throughout the second half of 2020, including the key months of November and December, despite temporary store closures in many territories. As a result, revenues for the 22 weeks to ...
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News briefs
JD Sports Fashion acquires Wellgosh
JD Sports Fashion has reportedly acquired Wellgosh, an independent menswear retailer based in Leicester, for an undisclosed sum. The information was first reported by Drapers. Wellgosh, a family-run business, was founded by Peter Turner around 30 years ago. The company started operations with a small store in Leicester’s Silver Arcade ...
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News briefs
Another investment in fashion by Ashley
The difficult economic situation, which is particularly acute in the fashion sector, has probably led the acquisitive Frasers Group to snap up Psyche, a British fashion retailer that offers about 200 high-end brands, such as Barbour and Boss, along with such heritage brands as Champion. The purchase price has not ...
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News briefs
Asics joins The Fashion Pact
Asics has become the first Japanese company to join The Fashion Pact, a global coalition of companies in the fashion and textile industry, including their suppliers and distributors, committed to key environmental goals. The Fashion Pact focuses in particular on three areas: mitigating climate change, restoring biodiversity, and protecting the ...
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ArticleThe pandemic forces fashion and retail to rethink their business models
The Covid-19 pandemic has accelerated changes in consumer attitudes toward fashion and retail, and calls are getting louder for “something to be done,” such as fewer collections, less fast fashion and more attention to sustainability.
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News briefs
The fashion industry will likely miss key climate change goal
According to a new report from the Global Fashion Agenda and McKinsey & Co., entitled Fashion on Climate, the global fashion industry will miss its 2030 emissions reduction targets by 50 percent if it continues on its current path. In 2018, the apparel and footwear industry was responsible for around ...
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News briefs
Mike Ashley makes new investments in fashion
Frasers Group, the parent company of Sports Direct, continues with its portfolio investments in the fashion sector, acquiring a 5.1 percent stake in Hugo Boss in the form of shares and derivative put options. If the options are fully exercised, the total exposure would be worth a maximum of around ...
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News briefs
Two Swiss companies produce fashionable, reusable masks
Two Swiss textile companies, Schoeller Textil and Forster Rohner, have a developed a washable mask to meet the criteria of the Swiss National Covid-19 Science Task Force, establishing a short supply chain and improving on disposable masks from an ecological perspective. Schoeller is supplying the fabric, a two-layer weave of ...
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News briefs
YKK signs Fashion Industry Charter for Climate Action
The YKK Corporation has signed the Fashion Industry Charter for Climate Action. The Fashion for Global Climate Action initiated calls on the fashion industry to recognize the industry’s contribution to climate change and its responsibility to achieve climate neutrality. YKK joins the more than 100 existing signatories of the charter, ...
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News briefs
Global Fashion Agenda adds three companies
The Swedish non-profit organization Global Fashion Agenda is further strengthening its group of Associate Partners by welcoming three new companies: TAL Apparel, VF Corporation and Zalando. Global Fashion Agenda is a leadership forum for industry collaboration on fashion sustainability and the organizer of the renowned Copenhagen Fashion Summit. It seeks ...
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News briefs
Deutsche Telekom launches program at the crossroads of fashion and technology
With “Telekom Fashion Fusion,” Deutsche Telekom has launched a program at the crossroads of fashion and technology. The program has previously promoted talent in prototype development in cooperation with events, such as the IFA trade show and the #Fashiontech Conference, both in Berlin. Only in 2019 did the program begin ...
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Short stops
K-Way staged a much-remarked fashion show at the Pitti Uomo...
K-Way staged a much-remarked fashion show at the Pitti Uomo trade show in Florence earlier this week
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News briefs
In a trading update, JD Sports Fashion said its comparable...
In a trading update, JD Sports Fashion said its comparable store sales showed in increase during the Christmas selling season at its sports stores, particularly in its increasingly significant operations outside the U.K. The company confirmed expectations that its headline pre-tax earnings for the year ending on Feb. 1 will ...
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News briefs
Boardriders confirms a report in fashionnetwork.com that its general manager...
Boardriders confirms a report in fashionnetwork.com that its general manager for wholesale in Europe, the Middle East and Africa, Jean-Louis Rodrigues, is leaving the group. The former European sales manager of the Billabong International group was elected last summer as the new president of Eurosima, the European association of boardsports ...
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Article
Paris Alpine Studio: where sports meet high fashion
Sports and high fashion are increasingly converging, with more and more luxury fashion labels following the athleisure trend, while outdoor brands keep coming up with “urban-chic” styles.
