Esprit swings to profit as 2021 proves to be turnaround year After flagging an expected return to profitability for the full year earlier this month, Esprit Esprit It didn’t give a comparable revenue figure but said that net profit surged…
H&M enlists Zlatan Ibrahimovic to promote its sports line Translated by Cassidy STEPHENS Launched on August 4, the H&M Capture écran A first major campaign will be launched in spring 2023, but a video with a playful tone was released…
Lids opens first stores in Germany U.S. retailer Lids announced it has opened its first stores in Germany last month, as the licensed sports chain expands further into Europe following its UK debut in 2021. Lids Opening in the nation’s…
StockX denies Nike allegations of counterfeit shoes Sneaker marketplace StockX has denied allegations from Nike StockX denies Nike’s allegations of counterfeit shoes, NFTs. – Facebook: StockX “Nike’s suggestion that StockX is a bad actor that intentionally deals in counterfeits and…
Gemma Owen is new PrettyLittleThing ambassador PrettyLittle Thing has a new ambassador/celebrity product endorser. Gemma Owen, Love Island competitor and daughter of former football star Michael Owen, has signed a reported six-figure sum to become the face of the Boohoo PrettyLittleThing’s new…
Paris Saint-Germain and Goat launch multi-year global partnership French sports giant Paris Saint-Germain has named Los Angeles-based digital-first fashion marketplace Goat Paris Saint-Germain and Goat launch multiyear global partnership. – Paris Saint-Germain As part of the partnership, Goat’s presence will…
Nike introduces the Serena Williams Building NikeSerena Nike introduces the Serena Williams Building – Nike Spanning 1 million square feet, the space houses 200,000 square feet of lab space for Nike’s consumer creation teams to test new ideas in developing,…
Adidas lowers 2022 expectations amid China lockdowns By Reuters API Adidas In Greater China, sales collapsed by 35% in the first quarter; for the year, revenue is expected to fall significantly due to store closures and strong traffic declines –…
LuisaViaRoma, Vestiaire Collective launch joint circular fashion project Translated by Nicola Mira LuisaViaRoma and French second-hand fashion specialist Vestiaire Collective DR “Promoting positive, innovative circularity projects is a further key step in LuisaViaRoma’s journey towards sustainability,” said Alessandra Rossi, CEO…
Canada inflation up near 40-year high; calls mount for 75-bps rate hike By Reuters Canadian consumer prices increased in May at rates not seen since January 1983, ahead of analyst forecasts, driven by pricey gasoline, official data showed on Wednesday,…
