Fashion Archives

Richemont Sells Its YNAP Online Fashion Business

October 7, 2024

After the collapse of a previous deal last year, the Swiss luxury goods group Richemont has found in Mytheresa a new buyer for its online fashion and accessories business Yoox-Net-a-Porter (YNAP).

Guess Plans Strategic Expansion In Germany And Austria

October 4, 2024

The fashion retailer intends to further expand its presence in the two markets. As part of its project, the company also considers taking over 15 of the 38 Scotch&Soda stores in Germany.

Denim Giant Levi Strauss Is Considering Selling Its Dockers Brand

October 3, 2024

Levi Strauss considers selling its Dockers brand after a decline in business.

Mango Further Expands Its Retail Presence In The USA

September 27, 2024

Mango, one of Europe’s leading fashion brands, is strengthening its presence in the U.S. by continuing to execute on its expansion plan in the country.

Silhouette Group To Open First Store In Vienna

September 25, 2024

The Austrian Silhouette Group has scheduled the opening of its first Brand Experience store in Vienna for November.

Elliott Hill Rejoins NIKE As New CEO

September 20, 2024

NIKE announces that Elliott Hill will become President and Chief Executive Officer of NIKE, Inc., effective October 14, 2024. Hill will also become a Director of the NIKE, Inc. Board of Directors and a member of the Executive Committee.

Esprit Ceases Operations In France

September 16, 2024

Just over a month after the German sister companies decided to close all 56 stores, Esprit´s French subsidiary is now also ceasing operations.

People On The Move

September 12, 2024

Recruitments, promotions and appointments.

Deichmann Is Interested In Esprit´s Trademark Rights

September 11, 2024

Deichmann is interested in Esprit’s shoe brand rights, a company spokesperson said on Monday, explaining that “the offer relates exclusively to brand rights and not to operational shares in the company.”

Primark Is Looking To Expand To The Middle East

September 9, 2024

Primark has partnered with the international retail franchise operator Alshaya Group to explore opportunities to expand its reach and make its debut in the Middle East.

H&M Beauty Opens First Swedish Flagship Stores

September 3, 2024

This fall, H&M Beauty opens its first ever Swedish flagship stores, offering customers an elevated and inspiring in-store experience with an upgraded and reimagined brand portfolio across all categories as well as in-store services.

Mango Strengthens Its Online Business With The Opening Of 12 New Markets

September 2, 2024

Mango is strengthening the growth of its online business by entering 12 new markets, principally located in Africa, Asia and Central America.

Foot Locker To Exit Nordic Countries By Mid-2025

August 29, 2024

Foot Locker plans to shut down stores and e-commerce operations in Denmark, Norway and Sweden. This will result in the closure or transfer of operations for approximately 30 stores of the company’s 629 stores in Europe, expected to be completed by mid-2025.

Ten Of The Coolest Stores In Europe

August 29, 2024

The General Store, an Australian consulting agency, presented the 50 coolest stores in the world at the World Retail Congress in Paris. According to the consulting agency, the so-called coolness factor is of great importance at the moment: in addition to design, service, and impressive experiences, creativity, cult status, and commercial viability were decisive factors in the evaluation.

M&S To Test New Fashion-Only Store Strategy

August 28, 2024

Marks & Spencer is making preparations to launch a new format store in the shape of a standalone branch, offering a curated selection of its womenswear, menswear and beauty ranges.

Frasers Wants To Further Increase Its Share In Hugo Boss

August 26, 2024

Frasers has submitted plans to acquire shares in the Hugo Boss fashion group to the German competition authority in Bonn.

Frasers Group Increases Its Stake In Hugo Boss

August 16, 2024

The British Frasers Group has once again increased its stake in the German fashion retailer Hugo Boss AG.

Alexander McQueen Opens New Store At Designer Outlet Roermond

August 14, 2024

The opening at Designer Outlet Roermond marks the brand´s first opening at an outlet in the Benelux region, as well as the label’s first in the portfolio of the McArthurGlen Group.

Returned Apparel In The EU Is Often Not Resold

August 12, 2024

As a recent study focusing on product flows and returned apparel revealed, each year European consumers return millions of new products to retailers, which quite often do not see a second owner again.

Esprit´s European Brand Rights Sold To British Financial Investor Alteri

August 12, 2024

The fashion group Esprit sells its brand rights for Europe, while the stores in Germany are to close, with 1,300 employees losing their jobs.

Guess Jeans Opens Second Flagship Store In Europe In Berlin

August 9, 2024

The first pure Guess Jeans store opened in Amsterdam in May of this year. Now the second is following in Germany´s capital.

Hugo Boss Exits Russian Market

August 6, 2024

Hugo Boss is selling its business in Russia to its wholesale partner Stockmann.

Prada Shows Strong H1 Performance

August 1, 2024

Prada Group has reported a strong first-half performance for 2024, with an 18% increase in retail sales and a significant rise in EBIT margin to 22.6%.

Esprit Makes Use Of License Portfolio To Cut Further Losses

July 31, 2024

In future, the company will limit itself to managing its intellectual property rights and the licensing business, the Group announced on Monday.

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