Inflated Expectations LVMH reports first-quarter results on April 12 The Louis Vuitton and Dior owner has reported a series of blockbuster quarterly sales and profits Maintaining that pace of growth will be harder now that the comparison is to last year rather than the early phase of the pandemic LVMH has a problem most companies...Read More
Adidas and PVH are among the latest companies to close stores and pause commercial activities in Russia, joining a growing list of Western companies suspending business in the country following its invasion of Ukraine. Estée Lauder Companies, which suspended its business investments in Russia last week, has now also closed directly operated stores, brand websites, and...Read More
The 2022 Academy of Country Music (ACM) Awards, dedicated to honoring both established and emerging country music talent, will take place on March 7 at Allegiant Stadium in Las Vegas at 7 p.m. ET. The event will be hosted by Dolly Parton with musicians Jimmie Allen and Gabby Barrett serving as co-hosts. Prior to the...Read More
Elsa Klensch, a pioneer television fashion journalist, died on Friday, March 4th at 92 years old. CNN, the network that broadcast “Style with Elsa Klensch” for two decades reported that the native of Sydney, Australia, began her career in London in the 1960s, but by 1980 she’d joined CNN to host and produce the show...Read More
March 7, 2022: Just in time for Women’s History Month (and beach season), female-founded brands Sea Star Beachwear and Frances Valentine have reunited for a second collaboration launching today. The two labels will again offer a brightly colored collection of shoes and accessories. Back again is the retro-inspired “floral explosion” pattern, which is now complemented...Read More
How can retailers ensure increased sales and profits in today’s precarious economy? Here, we catch up with digital guru Robby Yarbrough to weigh in. A graduate of Emory University in Atlanta, Robby mailed his first catalog in 1986, which became Phoenix Big & Tall that was ultimately sold to Edison Brothers where Robby stayed for...Read More
Spanish fashion retailer Inditex has halted trading in Russia, closing its 502 shops and stopping online sales, the company said in a statement on Saturday. The Zara owner is following some of the biggest western brands which have suspended operations in Russia, including its main rival H&M, following the invasion of Ukraine and the imposition of economic...Read More
The Dallas Men’s Show, held January 29-31, featured more than 700 brands and welcomed hundreds of buyers from across the country. The trade event, triple the size of previous winter editions, attracted buyers from 35 states. Attendance was up significantly versus pre-pandemic shows, including an expanding number of buyers from the Southeast and Upper Midwest...Read More
KEY INSIGHTS Hainan has cemented itself as an important domestic shopping hub over the pandemic thanks to duty-free retail and diverse tourist attractions. A change in regulations by 2025 will make it more attractive to some luxury brands as they will be able to directly operate stores. Recent and upcoming investments make Hainan an attractive...Read More
Who’s in, who’s out, who’s been promoted and hired — FN covers all the industry changes in one place. Know of an executive on the move? Tell us at web@footwearnews.com. Jan. 18, 2022: Bally has tapped Rhuigi Villaseñor as its new creative director. Villaseñor will oversee the artistic direction across the brand. His first collection...Read More
