A wet August and disappointing summer sales have compounded the deepening problems on the High Street, where sales have continued to fall sharply and jobs have been hit, the CBI said on Thursday. It was the second month of sharp falls in sales volumes and, with a similar drop expected in September, business confidence is …
This week, Milan saw the launch of the first United Colors of Benetton temporary store and a preview of the children collections for AW08. Luciano and Alessandro Benetton, respectively chairman and executive deputy chairman of Benetton Group, inaugurated the temporary store, which is entirely dedicated to children and mothers. The store will be open for …
When it comes to flattering the female curves, Spanx undergarment company smooth out imperfections. Department store Selfridges has seen a staggering 175% surge in Spanx underwear sales compared to this time last year. With the party season around the corner, Spanx garments flying off the shelves as women try to streamline their figures in new …
A free IT and Software Clinic will be hosted by software provider Syscom PLC at the Drapers Fashion Summit on the 18th and 19th of November at The Radisson in Mayfair. As one of the key industry forum for the fashion sector, the clinic attracts influential leaders and business figureheads, allowing fashion brands and retailers …
The virtual store of international fashion company Mango, continues to see its sales grow and ended the year with an increase of 35% over the previous year. With a presence in Europe, the US and Canada, the website recorded an average of 1 million visits per month. An increasing number of people visit the online …
A new guide for the fashion trade, “The Clothesource Guide to Apparel Trade Regulations: Second Edition” has been published. The guide provides a summary of agreements, quotas and penal import duties and is a publication of Research and Markets. The guide taps into the importance for apparel buyers and sellers to keep on top of …
Upscale department store group Harvey Nichols on Friday became the latest victim of the luxury downturn, saying it expects annual profits to plunge 40% to £10m ($14.6m) and sales to dip around 5%. Joseph Wan, chief executive, said sales had gone into “free fall” since October. “A lot of wealth has evaporated and cannot be …
Tonino Lamborghini Hospitality: a new Caffè Corsa in the Designer Outlet of Roermond. Mr Lamborghini inaugurates a new café in the Netherlands, a chic atmosphere, enhanced by the strong and elegant traditional colours of the Bolognaise brand. The new Tonino Lamborghini branded Caffè Corsa will be inaugurated next 26th of June at the Designer Outlet …
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For AW09, sports label adidas releases unlimited edition ‘one piece tee’. Part of the SLVR collection the limited edition T-shirt is cut randomly out of one large panel of fabric. The fabric sheet has a large ‘This is an unlimited Edition’ graphic print in various typographic designs. The cotton tee is made of a minimal …
Fashion retailer Next has reported better-than-expected stores sales but warns that the figures should be treated with caution. Like-for-like store sales in the 14 weeks to 2 May were 2.3% lower than last year, ahead of Next’s own estimates of a decline of 6% to 9%. The sales performance meant Next added £15m to its …