Fresh from the news that fashion flash sales specialist Showcase is opening at the Icon Outlet mall, we've heard that two of the biggest names in the global sportswear sector also set to open there this summer.
Skechers has announced the appointment of Katherine J. Blair to its board of directors as an independent member. The appointment brings the total number of directors to ten, including six independent members.
The footwear brand reported record first-quarter net sales on Thursday, which nonetheless came in under analysts’ expectations, as the company’s strong international progress was dragged down by slipping sales in the US.
Wembley Park’s London Designer Outlet (LDO) will see two major openings in the next few weeks with on-trend brand Champion set to open its first UK outlet store there while Beauty Outlet will also open a large shop.
The bidders for failed footwear and fashion chain LK Bennett are believed to include shoe retailer Dune. Offers have been lodged this week and a preferred buyer for the company should be chosen within the next few days
American Eagle Outfitters, Inc. is planning to expand its American Eagle and Aerie brands throughout Europe, signing a multi-year license agreement with AEO EU, a partnership of European brand builders led by Sunil Shah.
Skechers announced on Tuesday that it has purchased the minority share of its Indian joint venture, making the business a wholly-owned subsidiary of the footwear company as it looks to boost its presence in the country.
Apparel maker VF Corp raised its full-year revenue and profit forecast on Friday, as demand for its high-margin, popular Vans sneakers continues to boost sales, sending the company’s shares up as much as 15 percent.