Asos, a global fashion destination, has witnessed 15 per cent year-on-year improvement in the total orders received during the second quarter of fiscal 2019. The company's total sales grew at 13 per cent on a reported basis and 11 per cent on constant currency basis. With 19.2 million active customers, the retail gross margin was up 40bps during the quarter. Pic: Asos"We continued to outperform in the UK with sales growth of 14 per cent. Sales in Europe were up 12 per cent, although France an

The board of the Council of Fashion Designers of America (CFDA) has given permission for the appointment of the well-known fashion designer Tom Ford as its next chairman, effective June 2019. Ford will succeed Diane von Furstenberg, CFDA's current chairwoman. Furstenberg was named president of the CFDA in 2006 and became chairwoman in 2015. Tom Ford; Pic: CFDA "I have had the privilege of being a member of the American Fashion community for many years and have experienced what the CFDA does

Pic: Fizzy GobletBrand: Fizzy Goblet Company: Fizzy Goblet Location: Palladium Mall, Mumbai Product profile: The store includes juttis, mojaris, sneakers and loafers, brogues and slip ons. Store design | Interiors & VM | Fixtures: The store has been designed by one of India’s premier design agencies, Office of Cognitive Design (OCD). The entrance to the store features an arch fabricated out of the actual material and embroidery that the brand uses in their footwear. The same element is

Ascena Retail, a specialty apparel retailer for women, has reported net sales of $1.69 billion in Q2 FY 2019 ending February 2, 2019 as compared to $1.71 billion in Q2 FY 2018. The GAAP loss was $0.36 or adjusted loss was $0.26 per diluted share in Q2 FY 2019 compared to GAAP loss of $0.20 or adjusted loss of $0.12 per diluted share in the year-ago period. Pic: Ascena Retail “We delivered our third consecutive quarter of enterprise-level comparable sales growth, with second quarter comps up

The board of directors of JD Sports has offered to purchase the UK-based fashion retailer Footasylum at £90.1 million. The offer price is representing a premium of around 77.4 per cent to the Closing Price of 46.5 pence per Footasylum Share on March 15, 2019, JD Sports said in a statement. The acquisition is likely to complete next month. Pic: JD SportsThe cash consideration payable pursuant to the offer will be financed from JD's existing cash resources and facilities. JD is a specialist mul

Jerry Leigh, leading clothing manufacturer and brand management company, has made Michelle Roback the executive vice president of Sales, Juniors and David Lerner. Roback will oversee new brand and business development while continuing to build collaborative partnerships with retailers and brands that optimise for today's complex retail environment. Pic: Jerry Leigh Over the past two decades, Roback has been instrumental at Jerry Leigh in building multi-million-dollar apparel programmes for

The 2019 CO 10/Leadership awards campaign run by Common Objective (CO), designed to recognise the leaders and disruptors in sustainable fashion space, recently announced 10 business winners who met a set of leadership criteria based on 6 categories spanning business and sustainability - mission, business model, products/services, impact and roadmap. Pic: Common Objective The winners will be primarily celebrated online by Common Objective until it decides date of an annual physical event that

German sportswear company Adidas Group has elevated Dave Thomas, who has been leading the group’s operations in India since 2014, to the position of managing director (MD), emerging markets. The appointment is effective from April 1. A successor for his role in India will be announced in due course and until then, Thomas will continue to oversee India. Pic: Adidas The group’s emerging markets business unit comprises markets like West Asia, Turkey, India and Africa. Under Thomas’ leaders

Christopher & Banks, a specialty women’s apparel retailer, has reported net sales of $84.3 million, a decrease of 8.6 per cent, in Q4 FY 2018 ending February 2, 2019, while operating on 460 stores. This compares to $92.3 million in net sales for Q4 FY 2017, while operating on 469 stores. Q4 2018 was a 13-week quarter while Q4 2017 was a 14-week quarter. Pic: Christopher & Banks Comparable sales of Christopher & Banks in Q4 2018 were flat following a 5.7 per cent increase in the s

More sustainability and traceability, service as a sought-after value addition and a distinct identity of collections are the top three market trends that one can see in apparel and its sourcing, according to Michael Scherpe, president of Messe Frankfurt France. Handmade know-hows are quite hot now, as these bring sense to an outfit, he said. Pic: Messe Frankfurt Messe Frankfurt France organised the Avantex Paris show from February 11 to 14. Launched in 2015, Avantex Paris is a tradeshow de