ABG to buy Ted Baker for £211m, will restructure firm and target US growth Ted BakerAuthentic Brands Group Ted Baker The sale will need to get shareholder approval but holders of a majority of the shares have already backed it…
Gap posts surprise profit on Banana Republic boost, withdraws forecasts By Reuters GapBanana Republic Reuters People have been opting for suits, dresses and skirts over casual wear as they increasingly venture out for social events and to offices, with demand…
Kanye seeks to cut ties with Gap By Reuters Kanye WestGap Reuters Gap breached its agreement with West by not selling the Yeezy The company can sell existing Yeezy Gap stocks until the sell-off period, the letter said. Shares in…
Hotter owner Unbound sees sales growth as shopper category interest normalises Unbound Group — best known as the owner of the Hotter Hotter For the six months to 31 July, it saw “continued growth and strategic progress in a challenging…
Primark expands Recover link, first to launch RColorBlend leisurewear on global scale Primark Primark To create the new range, the value fashion and lifestyle retail giant has expanded its partnership with recycled cotton producer Recover. The development sees Primark become…
Caleres sales uptick driven by brand portfolio revenues U.S. footwear company Caleres By brand, the company registered a3.8% sales decline in the Famous Footwear segment, offset by a35.6% sales swing in its brand portfolio segment – Instagram: @sam_edelman The St.…
Adidas slashes 2022 outlook, investors pin hopes on incoming CEO By Reuters API AdidasKanye West Reuters Bjorn Gulden, who has led Puma since 2013, will move to Adidas as chief executive from Jan. 1, replacing current CEO Kasper Rorsted who…
Hilco could become new Cath Kidston owner – report Up-for-sale UK lifestyle retailer Cath KidstonPrivate Cath Kidston Sky News — which originally broke the story about it being up for sale — said it was unclear if there were other…
Walmart says 65% of stores will be serviced by automation in 2026, keeps forecast By Reuters Walmart Inc on Tuesday said it expects about 65% of its stores to be serviced by automation by the end of its fiscal year…
BoohooMan launches collab with Shaqir and Shareef O’Neal as it focuses on US BoohooMan needs some big names to match its Tall collection and here they don’t come much bigger. Now starring as ambassadors for the new just-released collection are…
