The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
NEW YORK, United States — British clothing retailer French Connection said on Tuesday it expects its sale process to be concluded by the end of the year, and reported a smaller first-half operating loss on growth in its wholesale business in the United States.
French Connection, once known for its provocative FCUK brand of clothes and accessories, said operating loss from continuing operations narrowed to £3.7 million ($4.59 million), compared with £5.5 million a year ago, and added that it was on track to meet full-year expectations.
By Tanishaa Nadkar; Editor: Saumyadeb Chakrabarty
The British musician will collaborate with the Swiss brand on a collection of training apparel, and will serve as the face of their first collection to be released in August.
Designer brands including Gucci and Anya Hindmarch have been left millions of pounds out of pocket and some customers will not get refunds after the online fashion site collapsed owing more than £210m last month.
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.