Ted Baker revenues rise ahead of ABG takeover, but times are still tough Ted BakerAuthentic Brands Group Ted Baker The company said revenue growth was 3.4% for the period – or flat on a currency-neutral basis – compared with Q2…
Visa reaches agreement with Amazon over payment fees By Reuters API Visa Inc cards will be accepted at all Amazon Amazon said last November that it would stop accepting Visa credit cards issued in the UK because of the high…
Amazon to hold mid-October sale to capture more holiday spending By Reuters Amazon Amazon The “Prime Early Access Sale” will start Oct. 11 at midnight Pacific Daylight Time (0700 GMT) for 48 hours in 15 countries, Amazon said. Vice president…
Mango advances sustainability goals, plans to only use recycled polyester by 2025 Translated by Roberta HERRERA Mango Image from Mango’s Committed line campaign – Mango In 2021, 80% of the garments in the Spanish fashion group’s catalog were incorporated into…
Italian denim brand Gas Jeans finds buyer, avoids bankruptcy Translated by Nicola Mira After a long period of uncertainty and difficulties, Gas Jeans is looking forward to gaining fresh impetus. The Italian denim brand based in Veneto has in fact…
BabyKid+Fimi positions as global meeting point despite challenges facing children’s wear industry Translated by Roberta HERRERA The children’s wear sector is back to business as usual. The industry’s eagerness to recover is reflected in its organized events, which are gradually…
Esprit plans Asia comeback as it focuses on higher quality, slower fashion Recovering fashion retailer Esprit Esprit That’s according to CEO William Pak who, in an interview with Bloomberg Television, said the firm that the firm’s output is also more…
Primark unlikely to add home delivery, despite click & collect trial The billionaire whose family controls Primark Primark George Weston said the company is unlikely to ever extend its online offered to a service that includes home deliveries. He told…
Facebook-owner Meta to open first physical store in metaverse bet By Reuters API Meta Platforms Inc is set to open its first physical store where shoppers can try out and buy virtual reality headsets and other gadgets as the company…
U.S. retailers slash clothing prices as shoppers cut purchases By Reuters Inflation-weary U.S. shoppers have been skimping on clothing purchases, prompting retailers to slash prices to clear inventory off the racks. Victoria’s Secret Spring/ Summer 2022 GapTarget Gap is “taking…
