INDUSTRY NEWS BY FASHIONUNITED

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News feed by FashionUnited

  • G-III Apparel Q2 sales down, tariff impact expected
    DKNY.3 Digital Plaza Credits: DKNY For the second quarter, G-III Apparel Group's net sales decreased 5 percent to 613.3 million dollars compared to the same period last year. Net income for the quarter was 10.9 million dollars, or 25 cents per diluted share, a decline from 24.2 million dollars, or 53 cents per diluted share, a year ago. G-III also repurchased 1.14 million of its shares for 24.6 million dollars during the quarter. Commenting on […]
  • Childrenswear brand Petit Bateau sold to US investment fund Regent
    Petit Bateau boutique in France. Credits: FashionUnited. Petit Bateau, the French children's wear brand owned by the French Rocher Group, has been sold to the US investment fund Regent. In January 2025, the Rocher Group (Yves Rocher, Arbonne, Sabon, Docteur Pierre Ricaud and Petit Bateau) announced its intention to sell the brand, which it has owned since 1988. The sale is now complete, with the winning bid coming from a US investment fund. Regent L.P. […]
  • H&M names new managing director of UK and Ireland operations
    Karen O’Rourke, managing director for H&M UK & Ireland Credits: H&M Global Swedish fashion retailer H&M has appointed Karen O’Rourke as its new managing director for H&M UK & Ireland, succeeding Henrik Nordvall. O’Rourke, who has more than 25 years of experience at H&M, will oversee approximately 7,000 colleagues, more than 200 physical stores in the UK and Ireland region, as well as the digital platforms in one of the brand’s “most significant markets globally”. […]
  • Mulberry appoints End exec to new chief customer and digital officer role
    Mulberry store in London Credits: © Michael Franke British brand Mulberry has named Tom Burrow as its first-ever chief customer and digital officer. In the position, Burrow has been tasked with leading the company’s ongoing transformation in regards to commercial performance and consumer engagement. Burrow confirmed his appointment in a post on LinkedIn, where he said: “Mulberry is an iconic lifestyle brand that I’ve admired for years, and I’m honoured to now be part of […]
  • The Fashion Awards 2025 announces first nominees
    Jonathan Anderson bei der Loewe SS25-Show Credits: ©Launchmetrics/spotlight The British Fashion Council (BFC) has announced the Designer of the Year, British Womenswear Designer, British Menswear Designer and the Vanguard Award nominees for The Fashion Awards 2025. The annual awards will take place on December 1 at The Royal Albert Hall in London, and will celebrate British and international fashion talent while also raising funds for the BFC Foundation, which supports the British fashion industry by […]
  • Burberry to rejoin FTSE 100 amid stronger share price
    Burberry takes over The Standard of Ibiza. Credits: Burberry. British heritage brand Burberry is set to rejoin London’s FTSE 100 index a year after it was demoted. FTSE Russell confirmed the decision came after a quarterly review, with the reinstatement to take effect from the start of trading on September 22. The luxury label left the blue chip benchmark in 2024 after its market value declined over 70 percent since April 2023 to 2.5 billion […]