Shein Outsells British Rival Asos as UK Revenue Hits $3.41 Billion
The ultra-fast fashion company said sales had been bolstered by marketing partnerships with music festivals, a pop-up shop on London’s Oxford Street and local Christmas gift events.
and Other Stories
Latest News & Analysis
Retail
H&M Shares Jump as Early Summer Sales Shine
June sales were up 12 percent for the world's second-biggest fashion retailer, beating analyst forecasts. Second quarter sales were up 11 percent, beating Inditex's 10 percent.
Sustainability
H&M to Trial Vintage Clothing Sales
The fast fashion group will pilot online sales of second-hand garments on the Swedish site of its & Other Stories brand.
Beauty
Fast Fashion for the Face
In a bid to make their stores a one-stop destination, high street retailers are launching own-brand beauty lines.
News & Analysis
H&M, a Master of Cheap Fashion, Moves Upscale
"Now growing austerity in Europe is pinching even sales of low-priced apparel. But rather than cutting prices further, H&M is testing a higher-priced
ADVERTISEMENT
News & Analysis
Fashion Brands Should Swap Ads for Tech-Driven Customer Engagement
"This year 85 percent of luxury marketers plan to increase their digital media spend significantly, according to a survey by Luxury Interactive. The
Retail
H&M’s New Story
H&M's new Internet-inspired retail concept on Regent Street offers women a complete lifestyle brand at affordable prices.
News & Analysis
High-Concept Outlet from H&M Influenced by Fashion Bloggers
"H&M, the world's second largest fashion chain, opens its latest retail venture in London on Friday. The store, called & Other Stories, is intended
ADVERTISEMENT
The News in Brief
Nike, Patagonia and Lululemon Join Group Battling Microfibre Pollution
Global environmental non-profit The Nature Conservancy has launched a new industry coalition to help apparel companies tackle microfibre pollution across their supply chains.
Meta Bans Ads From TikTok on Its Apps
The policy bars ads from ByteDance, which remains in charge of key parts of TikTok, and extends to third-party advertisers running campaigns that link to TikTok.
Gap to Use Athleta Leader’s Exit to Rebuild Slumping Brand
The departure of Athleta’s CEO for Lululemon is a chance to ‘reimagine the brand’s path forward,’ Gap Inc. CEO Richard Dickson wrote in an internal memo viewed by Bloomberg.
Harvey Nichols’ Birmingham Store Will Close in January
The department store’s Leeds and Bristol outlets will be converted to the Flannels brand in a shake-up under Mike Ashley’s Frasers Group, which purchased the chain when it was put into administration in mid-August.
Zankov Appoints Its First CEO
Jack Tobin is joining Diane von Furstenberg artistic director Henry Zankov’s namesake label as CEO and part owner.
LVMH, Kering Update Model Safety Guidelines
Nearly a decade since the luxury groups first published a charter of model protections, they are introducing new measures to protect those working in the industry.
Lululemon Hires Athleta Head in Management Shakeup
Maggie Gauger is joining Lululemon as chief product officer as new CEO Heidi O’Neill looks to revive sales.