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Business

Walmart's holiday sales hurt by shorter season, lower demand for apparel

Walmart's holiday sales hurt by shorter season, lower demand for apparel

Walmart Inc reported lower-than-expected holiday quarter U.S. comparable sales on Tuesday as a shorter holiday season and weak demand for apparel, toys and electronics hurt sales in stores.
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Fashion
Business
Dockers hoping to progress across three key markets, says European general manager

Dockers hoping to progress across three key markets, says European general manager

In Europe, Levi Strauss-owned Dockers has reached double-digit numbers for the second year in a row. The brand’s general manager reveals to FashionNetwork.com his strategy for the continent. 
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Fashion
Business

Beales to close all stores as no buyer emerges for slimmed down business

Beales is preparing to close all its stores as no buyer has come forward to snap up the business. But it seems its administrators are still trying to find someone who will buy at least part of it as a going concern.
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Fashion
Retail

Proxy advisory firms back bid to take HBC private

Three leading proxy advisory firms have recommended that HBC shareholders vote in favour of the deal that would see a group led by the company’s executive chairman, Richard Baker, take the retailer private.
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Fashion
Business

Trade shows

Kingpins Transformers: Ed to land in Amsterdam

Kingpins Transformers: Ed to land in Amsterdam

Dedicated to fashion students, the event will focus on the social, environmental and economic challenges facing the denim industry.
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Fashion
Industry
Orchestra-Prémaman to slash nearly 600 jobs

Orchestra-Prémaman to slash nearly 600 jobs

Children and maternity wear specialist Orchestra-Prémaman entered a protection procedure on September 24 2019, and on Monday February 17 it presented a reorganisation plan which involves cutting about 600 jobs.
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Fashion
Trade shows

Is Chloé looking for a successor to Natacha Ramsay-Levi?

As sales are seen to be slowing down, and with the arrival of a new CEO, French label Chloé might, according to some sources, be about to dismiss its creative director for ready-to-wear, leather goods and accessories.
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Luxury
Trade shows

Modtissimo brings the textile industry to Porto

The textile and apparel trade show is taking over Porto Airport from February 19 to 20 in order to present upcoming industry trends. Its organisers expect to welcome 6,400 buyers, 400 of whom will be international.
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Fashion
Trade shows