Flash News

UGG

Ugg has launched colour-changing sneakers

Footwear brand Ugg has released colour-changing thermal sneakers called "CA805 x Thermal", made with heat-sensitive uppers that change color depending on the temperature.https://fashionbi.com/insights/marketing-research/technolog...

Innisfree

AmorePacific, profits fell by 42%, the largest decline in...

The aftermath of the pandemic struck the Korean beauty giant "AmorePacific". In the first quarter of 2020, operating profit decreased (-66.8%) and net profit reached -41.9%, totaling 94.8 billion won (74 million euros).Sales also...

Giorgio Armani's next haute couture show to be in Milan

Usually a part of the Paris Haute Couture week, Giorgio Armani is planning on doing his next Armani Privé show in Milan.https://fashionbi.com/insights/marketing-research/challenging-the-fashion-calendargiorgio-armani

Loewe

Loewe Handicraft Competition postponed to next year

According to Fashion Business News, the Loewe handicraft competition initiated by LVMH's luxury brand Loewe Foundation and the Museum of Decorative Arts in Paris will be postponed to next spring because the development of the epi...

COS

COS sustainable activewear brand

COS is launching a new 15-piece collection activewear brand which will be sustainable. https://fashionbi.com/insights/marketing-research/circular-economy-in-fashioncos

Gap

Many American brands start opening stores

American brands like Gap, Kohl's, American Eagle, and Abercrombie&Fitch start reopening stores in the US.https://fashionbi.com/insights/marketing-research/fashionbi-fashion-business-during-coronavirus-pandemicgap american-eag...

Mulberry

Mulberry bans exotic skins

Luxury brand Mulberry will stop the use of exotic skins in all its collections.https://fashionbi.com/insights/marketing-research/eco-friendly-fashionmulberry

Lululemon's largest store in Hong Kong

Activewear brand Lululemon has opened a 5,590 square-foot retail store in Hong Kong, the brand's biggest in the world.lululemon

Aldo

Aldo filing for bankruptcy

Footwear brand Aldo is filing for bankruptcy in Canada, US and Europe.Aldo

Mango

Mango will donate 1% of physical store sales to WHO

Spanish fast fashion Mango announced that it will donate 1% of its physical store sales to the World Health Organization’s anti-coronavirus fund to support medical institutions fighting the virus. The plan will last for two month...

Prada

Prada exits South Africa

On May 7, Milan time, after five years of operation, Prada permanently closed its only store in South Africa. The store is located in a luxury retail area on Diamond Boulevard in Sandton City Mall and covers 8611 square feet. The...

Victoria’s Secret Sues New York Landlord

Victoria’s Secret and its parent company L Brands Inc. are suing the landlord of their flagship store in New York City’s Herald Square, arguing that the coronavirus pandemic has rendered it “impossible” to continue paying almost ...

La Prairie

Affected by La Prairie, Beiersdorf’s first-quarter consum...

Group Chief Financial Officer Dessi Temperley stated that La Prairie’s sales decline and lower gross profit personal care product sales growth will have a double impact on earnings.The group management said at the performance mee...

7 for all mankind

7 For All Mankind Joins BCI, Sets Measurable Sustainabili...

7 For All Mankind unveiled “Sustainable For All Mankind,” a new platform that provides transparency into its sustainability practices and lays out the company’s sustainability goals.

Dior

Dior has launched a digital “pop-up” for customers in UAE

Brands are using digital platforms in new ways. Dior has launched a digital “pop-up” for customers in UAE just in time for Ramadan celebrations – a temporary online boutique with a new capsule collection. https://fashionbi.com/in...

La Prairie

Due to the decrease in Chinese customers, La Prairie sale...

Baiersdorf said that La Prairie about one quarter of Lambert's business comes from the travel channel, and the main customer of this channel is Chinese. The global travel ban under the pandemic has severely damaged the channel.