Nike opens first-ever Nike Style store in Seoul, Shanghai next Nike The Content Studio is an interactive in-store destination that invites local creatives, experts, and consumers to create content on their own social media channels with customizable backdrops – Nike…
Nautica re-enters UK, Europe market with online launch this week The Nautica Nautica Competition Focus Brands Group is handling the UK debut. The revamp for the master brand blends fashion with classic pieces, but it’s also relaunching the younger Nautica…
Several UK retailers interested in Missguided acquisition Speculation around Missguided Missguided Retailers including JD SportsAsdaShein Some of those (Frasers, ASOS, JD Sports) are already known for being interested in strong brands that have hit difficult times, or others have existing relationships with…
Lululemon raises full-year forecasts, unaffected by inflation, China curbs Lululemon Athletica on Thursday raised its full-year revenue and profit forecasts on strong demand for athleisure, and said the impact from Covid-19-related lockdowns in China was modest and more than offset…
Vista Outdoor buys Fox Racing for $540 million Translated by Nicola Mira At over half a billion dollars, this is currently the deal of the year in the sports apparel and equipment sector. US group Vista Outdoors has announced the…
Carhartt opens in Nashville, Tennessee American workwear brand Carhartt Carhartt opens in Nashville, Tennessee. – Carhartt The 4,000-square-foot space opens at 5019 Broadway Place Space A-1075 with a selection of durable and versatile gear for men, women, and children, as well…
Exclusive: French label Sézane mooted as acquisition target Translated by Nicola Mira In the world’s fashion capitals, investors are spoilt for choice when it comes to companies ripe for being bought. In recent months, the names of Isabel MarantFurla Sézane’s…
Amazon reviewing unprofitable business units to cut cost Amazon Reuters Following a months-long review, Amazon has told employees in some unprofitable units to look for jobs elsewhere in the company, while moving to redeploy staff from certain teams to more…
Nike makes online sales unavailable in Russia By Reuters API Nike Reuters This is the latest response by a U.S. company to Russia’s invasion of Ukraine, with Hollywood studios DisneySony Russia, however, calls its actions in Ukraine a “special operation.”…
Zara owner Inditex halts trading in Russia, closing stores and online platform By Reuters API Spanish fashion retailer Inditex Zara “In the current circumstances Inditex cannot guarantee the continuity of the operations and commercial conditions in the Russian Federation and…
