Fast Retailing, the Japanese conglomerate which owns Uniqlo, J Brand and Theory, has today published record annual results, topping its expectations. The group reports its turnover topped 3 trillion yen for the first-time and its operating profit surpassed 500 billion yen, driven by Uniqlo’s global growth. Net profit reached £1.9 billion (372 billion yen), up…
British fashion and lifestyle retailer White Stuff is opening a 1,044 sq ft store in the newly developed North Terminal departure lounge at London Gatwick in late November 2024, marking the brand’s first-ever airport store. The announcement follows a series of new openings for White Stuff, including its 1,800 sq ft flagship store at Liverpool…
A new direct-to-consumer streetwear brand called Experiment has just launched, founded by Mark McCann, who left his role as Brand Director of Farah at Perry Ellis Europe in 2023 after 15 years at the company. Experiment blends workwear functionality with refined military details and aims to create limited runs of unique garments that stand the…
Private equity firm Apollo Global Management has acquired luxury streetwear and sportswear retailer END. from The Carlyle Group. It’s the latest twist to the retailer’s ownership as it approaches its 20th anniversary in 2025. In a statement END. said: “END. has completed a recapitalization that significantly deleverages the business to better navigate the market environment and…
N Brown, parent of Simply Be and JD Williams, has revealed it swung to profit during the first-half of the year, despite falling sales in a tough market and unseasonal weather. N Brown reported pre-tax profits of £200,000 for the six months to 31 August against losses of £2.8 million a year ago thanks to…
Adidas and FARM Rio have unveiled their latest collaboration collection in celebration of 10 years of joining forces. The collaboration is one of Adidas’ longest running partnerships, alongside other big names including Stella McCartney and Yohji Yamamoto. In the 10-year commemorative collection, “tropical Brazil merges with the world’s most iconic three stripes”, showcasing a variety…
ASOS has finalised the sale of Topshop and Topman to a joint venture led by Heartland, which represents ASOS shareholder Anders Holch Povlsen and his fashion business Bestseller. The new joint venture was established following a competitive sale process for the brands and sees Heartland indirectly hold a 75% stake in the joint venture for…
Phase Eight, which was founded in South West London in 1979, is celebrating 45 years of producing women’s partywear with its “most elevated party collection” to date – launching on 15 October 2024. Contemporary separates and versatile pieces in velvets, sequins and faux leather complement the fashion brand’s signature party dress edit as the build…
TheIndustry.fashion hears from circular economy charity the Ellen MacArthur Foundation on how fashion can fix its overproduction and overconsumption problem. For an industry not famed for its comedians (ever seen the uniform facial expression of a fashion week FROW?), fashion is a funny one. Trends would not be trends without retrospection; design cannot function without…
Almost 20 years ago I had a very short-lived diversion from journalism into public relations. I soon found being on that side of the communications fence was not for me, but I retain great admiration for people who manage the media well. How not to handle the press was disastrously illustrated last week. In one…
