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Fashion

Suitsupply suffers losses because of expansion

Dutch Suitsupply has experienced a decent turnover growth last year, but its net result tumbled below zero because of its huge investments. Nevertheless, that is the only way forward according to its founder, whose focus is still fixed on the United States.

Starting this Friday, Belgium has its own national e-commerce event

Move over, Black Friday! This week, Belgium launches its own national e-commerce event as Jack & Jones, Kiabi, La Redoute, Sarenza, Tape à l'Oeil and Veritas organise the first Belgian Friday.

H&M is turning to algorithms to boost sales again

In an effort to reverse the decline in its worldwide sales, H&M is using technology that will help the world’s largest clothing brand stock its stores more efficiently, sell more effectively and adapt more quickly to current consumer trends.

Zalando's profit wiped away in first quarter

German online retailer Zalando saw its first quarter profit completely wiped away: last year's 5.1 million euro net profit turned into a 15 million euro loss. Turnover grew 22 %, investments being the cause for both.

Strong online growth for Hugo Boss

German fashion brand Hugo Boss managed growth in every region in the first quarter. Group turnover grew 5 % to 650 million euro, partially thanks to strong web shop sales.

France will impose recycling for unsold clothing in 2019

The French government plans to impose a ban on the disposal or destruction of unsold clothing by fashion companies. The measure extends the rules already in place for food waste to the spillage of clothing. 

FNG wants to further expand its Brantano brand

After a year of successfully integrating its various brands into the newly erected fashion group, Belgian fashion group FNG is now planning to implement two new retail formulas for its Brantano brand, in an effort to cover the entire Belgian shoe market.

Primark Antwerp opens in front of huge crowds

Thousands of people queued to get into the new Primark store in Antwerp as soon as they could. At 5900 sqm, it is the Irish chain's largest store in Belgium.

Web shop marks comeback for American Apparel

American fashion chain American Apparel relaunched its international web shop this week. Dutch and Belgian fans can visit the brand again, after it shut down its physical stores last year.

Gucci grows nearly 50 % thanks to nineties revival

French luxury group Kering achieved a 36.5 % turnover increase in its first quarter as Gucci took full advantage of a 90’s revival among young consumers: the luxury brand is “hot” among teens and saw its turnover climb 48.7 %.

Five years after Rana Plaza disaster: “Governments should demand sustainable production”

Five years after the Rana Plaza clothing factories in Bangladesh collapsed, several governments have taken measures to force manufacturers to have more sustainable production, but the labour conditions have not improved for everyone.

Grupo Cortefiel will continue as Tendam

Spanish fashion group Grupo Cortefiel is changing its name to Tendam, with the intention of creating a new corporate identity for its five brands: Cortefiel, Women’s Secret, Pedro del Hierro, Fifty Factory and Springfield.

Monki lets 'influencers' earn money

H&M subsidiary Monki will collaborate with ‘influencers’: the fashion label will launch a global program for social media figures, who can earn money if they sell clothing.

Chinese investment group now owns fashion chain Naf Naf

French fashion chain Naf Naf, part of the Vivarte group, has a new owner. A chinese group, led by fashion group La Chapelle, paid 52 million euro to acquire it.

French Connection sells Toast to Bestseller group

British fashion retailer French Connection, known for its FCUK quote, has sold its Toast subsidiary to Danish clothing group Bestseller, which also owns brands like Vero Moda and Jack & Jones.

Adidas focuses entirely on online sales

Adidas wants to focus more in online sales and that is why it will shut down a large number of stores worldwide.

Style guru Aldi ? Aldi Süd offers fashion advice on inspirational platform

Discount chain Aldi Süd has turned into a lifestyle partner thanks to its new inspirational platform where consumers can find anything ranging from gardening tips to fashion advice.

Ssense acquires and pulls the plug on fashion platform Polyvore

Polyvore, a well-known American social media network and fashion inspirational platform, has been shut down as soon as e-commerce group Ssense acquired it. The users are dismayed and immediately launched a petition.

Full steam ahead for Garcia Jeans in Spain

Dutch jeans brand Garcia Jeans will expand to Spain, opening its first Spanish franchise store in July, in Bilbao.  Recently, the brand has also opened two company-owned stores.