Fashion news and fashion jobs

Shein reigns supreme, taking the lead apparel market share in 2024 amidst a tough economy

Shein, the ultra-fast fashion giant from China, strengthened its ever-tightening grip on the apparel market in 2024, outpacing competitors once more as budget-conscious consumers continued to turn to familiar brands amid growing economic uncertainty. The Singapore-based Shein is estimated to have extended its apparel market share by 0.24...

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Retail

Uniqlo continues regional UK expansion

Japanese fashion retailer Uniqlo, part of the retail group Fast Retailing, is continuing to strategically expand its presence across the UK, with three new stores set to open in Liverpool, Birmingham and Glasgow. The move follows recent successful new store openings in Edinburgh and London and will bring the total Uniqlo store count to 23 by the...

Retail

Zara launches flagship store model in China: first vending machines and Zacaffè in Asia

Spanish apparel giant Inditex has reaffirmed its commitment to China as a key market for future growth. Zara, the group's flagship brand, recently unveiled a new flagship store in Nanjing, the capital of Jiangsu province. This new location showcases latest store concept, featuring the brand's first apparel vending machines and Asia's first...

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Who is Hunkemöller's new owner, Redwood Capital Management?

After three years, Dutch lingerie retailer Hunkemöller is changing hands once again. Investment firm Redwood Capital Management is taking over ownership from Parcom and Opportunity Partners at a time when Hunkemöller is in the midst of a transformation program. Who is Redwood Capital Management, Hunkemöller's new owner? Redwood Capital...