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UK is ‘strategic’ in Lids’ major 100+ international store expansion plan

UK is ‘strategic’ in Lids’ major 100+ international store expansion plan

North American sportswear retail giant Lids is on a major international physical store expansion drive and has chosen the UK for its first standalone stores in Europe.
Fashion
Frasers Group secures funding deal worth nearly £1bn

Frasers Group secures funding deal worth nearly £1bn

​Fast-expanding Frasers Group has secured nearly £1 billion in fresh funding, with the deal becoming the largest support package in the UK retail sector this year.
Fashion
Gymshark to take over J Crew spot on Regent Street

Gymshark to take over J Crew spot on Regent Street

​In a further sign of just how big the Gymshark brand has become in just a short period of time, news emerged on Wednesday that the label is to open its first flagship store in a prime spot on Regent Street next summer.
Fashion
Adidas completes second share buyback program of 2021

Adidas completes second share buyback program of 2021

The German sportswear giant announced on Wednesday that it has completed its second share buyback program of the year, repurchasing 1,619,683 shares for a total of 450 million euros.
Fashion
Allbirds Q3 is strong but losses widen as it invests in growth

Allbirds Q3 is strong but losses widen as it invests in growth

Allbirds enjoyed a “strong” Q3 with the three months to the end of September seeing net revenues surging 33% year-on-year. 
Fashion
Skechers launches new recycled collection, announces partnership with The Nature Conservancy

Skechers launches new recycled collection, announces partnership with The Nature Conservancy

The lifestyle company has announced the release of Our Planet Matters, a sustainable footwear collection for men, women and children, as well as a new commitment with environmental non-profit The Nature Conservancy.
Fashion
Podcast: Maggie Henriquez of Krug on running a company in times of crisis

Podcast: Maggie Henriquez of Krug on running a company in times of crisis

In this Luxurynsight X FashionNetwork French-language podcast, the managing director of champagne producer Krug talks about her executive career, from her early days in Venezuela to working in the luxury industry.
Fashion
JD Sports appoints tech-savvy Sabetnia to board, as Jackson departs

JD Sports appoints tech-savvy Sabetnia to board, as Jackson departs

After announcing quite a few new arrivals to its executive board over the year, JD Sports Fashion on Tuesday had another to non-exec to welcome, alongside one departure.
Fashion
Lululemon fires back at Peloton lawsuit with its own, calls rival a 'copycat'

Lululemon fires back at Peloton lawsuit with its own, calls rival a 'copycat'

 Lululemon Athletica Inc on Monday followed through on its threat to sue Peloton Interactive Inc over the "copycat products" in the exercise bike company's new clothing line.
Fashion
Skechers and Marcolin extend licensing agreement through 2024

Skechers and Marcolin extend licensing agreement through 2024

The American footwear and lifestyle company and the Italian glasses specialist have announced that they have renewed their licensing agreement for Skechers-branded eyewear until December 31, 2024.
Fashion
On Running takes direct control of Spanish business

On Running takes direct control of Spanish business

After a 7-year distribution partnership with Siker Sports, the Swiss sneaker brand will take direct control of its operations on the Spanish market on January 1, having named Jens Ullbrich as sales director Spain.
Fashion
Boardriders appoints new COO

Boardriders appoints new COO

The California-based board sports equipment group has reportedly named Deborah Palmer Keiser as its new chief operating officer.
Fashion
Peloton sues Lululemon in dispute over new apparel line

Peloton sues Lululemon in dispute over new apparel line

Peloton Interactive Inc, the exercise bike company, has sued Lululemon Athletica Inc after the athletic apparel maker threatened its own lawsuit over Peloton's new apparel line.
Fashion
Nike cancels retail orders due to supply chain problems

Nike cancels retail orders due to supply chain problems

The American sportswear giant has been hit by sneaker sourcing issues, like Puma and Adidas, both foreseeing inventory problems, and has cancelled the orders placed by some retailers, according to a US source.
Fashion
Thom Browne launches new silhouettes for 2021 football capsule

Thom Browne launches new silhouettes for 2021 football capsule

Right on time for Thanksgiving day, Designer Thom Browne has launched its annual football collection introducing three new silhouettes for 2021.
Fashion
Dick’s Sporting Goods tops revenue estimates, ups full-year guidance

Dick’s Sporting Goods tops revenue estimates, ups full-year guidance

The sports equipment retailer reported net sales of $2.75 billion in Q3, a figure that represented an increase of 13.9% compared to $2.41 billion in the prior-year period and glided past analysts’ expectations.
Fashion