Fashion news and fashion jobs

Tapestry exceeds expectations in fourth quarter despite high losses

The US fashion group Tapestry Inc. slipped deep into the red in the fourth quarter of the 2024/25 financial year due to negative one-off effects. Overall, the results, which the company published on Thursday, exceeded market expectations. In the final quarter, which ended on June 28, group revenue amounted to 1.72 billion dollars. This...

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Luxury Redefined: white paper analyses how brands can connect with today's consumers

The luxury industry has been having a hard time keeping up with their consumers - while wooing and educating them in the 2010s, it did not anticipate that they would outgrow their teachers. Hence, media brand Highsnobiety together with the Boston Consulting Group surveyed more than 6,6,710 consumers in eleven key markets - China, South Korea,...

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Tensions heighten: Frasers demands investigation into Boohoo’s Kamani amid loan scandal

Frasers Group has demanded an investigation and suspension of Mahmud Kamani, the executive vice chair of Debenhams Group, after he was accused of making loans to suppliers. The retail group, owned by Mike Ashley, issued an open letter to Debenhams following the publication of an article by the Telegraph last week that suggested Kamani, founder...

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Claire’s UK arm falls into administration: What’s at stake?

On the heels of a bankruptcy in the US and a receivership in France, the UK arm of Claire’s has now collapsed into administration. But as the rescue efforts mount up, what is at stake for the once prevalent teen retailer? On Wednesday, it was confirmed that advisers at Interpath had been appointed to oversee the administration process of Claire’...