Flash News

Clarks is looking for new opportunities in US market

British shoe manufacturer Clarks is seeking the transforming opportunity in US market after the pandemic.

Allen Solly will expand its distribution

Allen Solly from Aditya Birla Fashion and Retail Ltd. is planning to expand its market to 3rd tier and 4th tier city.

Suitsupply reported a huge loss in revenues

Due to the covid crisis, Dutch brand Suitsupply reported 39% of loss to 205 million euros, and in 2021 Q1, the sales reached only 55% of 2019 level.

E-commerce sales of Salomon reached USD24.8 million.

In 2020, E-commerce sales of Salomon reached USD24.8 million.

Max Mara faced an accusation in Shanghai

Max Mara was accused over the facial recognition camera that has been set up inside the store in Shanghai.

Patagonia reported a loss in first half 2021

Patagonia reported 8.8% of loss to USD 8.475 thousands in first half 2021 compared to the same period in 2020.

Mar Fernández has become the new chief digital officer of...

Mar Fernández has been appointed by Portuguese accessories company Parfois as their new chief digital officer.

Loro Piana reached out to the world of soccer

Loro Piana reached out to the world of soccer for the first time, announcing a partnership with Juventus for 2021/2022.

Mary Kay earned 3 awards in 2021

Mary Kay earned 3 awards, Work in Business, Covid-19 Response, and Sustainability Efforts at the 13th Annual 2021 Golden Bridge Business.

L'Oréal paris reported growth in revenue in first half 2021

According to the recent released report, the brand reported 20.7% like-for-like growth in first half year 2021.

Kiehl's launched new limited collection

In order to celebrate its 170th birthday, Kiehl’s launched two limited-edition skincare collection in April.

Givenchy responded the previous scandal

Matthew Williams, creative director of Givenchy, claimed that the previous Beyoncé’s braided style was a homage to Cho.

Diesel live-streamed the first collection by Glenn Martens

Diesel live streamed the first collection by Glenn Martens, former collaborator of Jean-Paul Gaultier,after having him on board.

Victoria's Secret's market share has decreased

According to NPD group, Victoria’s Secret’s market share has decreased from 35 percent to 20 percent in the past 7 years due to the shift of consumer’s preference.

Chanel invested a huge amount to recover from pandemic

Luxury maison Chanel reported 41.4% of revenue loss and still invested USD1.1billion to recover during the pandemic.

Heron Preston has become the new creative director of Cal...

Heron Preston announced that he was hired as the new creative director of Calvin Klein and will bring the new collection.