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Russia’s war eats into Levi Strauss’ top line

Inside Retail

Levi Strauss & Co reported a weaker top line for the first quarter of FY24, which was attributed to the impact of its Russia business as well as a shift in wholesale shipments. On the bottom line, the company swung to net loss of $11 million from net income of $115 million in the prior year.

Line 188
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Green is the new black as sustainable clothing retailer eyes expansion

Retail Focus

Meander Apparel – a sustainable outdoor clothing and lifestyle brand with its flagship stores in Stockbridge, Edinburgh and Seven Dials, London – has secured funding from the British Business Bank as it gears up for the launch of its crowdfunding campaign later this month.

Expansion 113
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Can Premier replicate Smiggle’s UK success with pyjama brand Peter Alexander?

Inside Retail

Smiggle international expansion has proven successful for Premier Investments’ shareholders with its offshore expansion after delivering sales of $183.9 Moreover, Premier Investments has not had to tackle the seasonality of the UK market, an element that defines apparel and pyjama collections.

Expansion 243
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Shaftesbury Capital welcomes Arc’teryx for new Covent Garden flagship

Retail Focus

Shaftesbury Capital has announced that Arc’teryx , the high-performance outdoor apparel brand, has now opened its new flagship store within the newly refurbished listed building at 41-42 King Street in Covent Garden.

Outdoor 147
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Superdry opens at ICON Outlet at the O2 as the destination continues to outperform

Retail Focus

Icon Outlet at The O2, the London outlet shopping destination, developed by AEG and Crosstree Real Estate Partners, has announced the opening of Superdry, the premium apparel brand. The new store stocks the brand’s authentic apparel collection alongside a full range of accessories, further diversifying the destination’s retail line-up.

Apparel 286
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Modibodi was a pioneer in period underwear. Can it reinvent itself for Gen Z?

Inside Retail

If not entirely mainstream today, period underwear and other leakproof apparel are certainly more common than they were 10 years ago, so it’s not surprising that brands are starting to rethink how they advertise these products, too. Leakproof apparel is no longer niche, and our evolved brand identity reflects that.

Apparel 165
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Meet the legends: How Hard Yakka is evolving its product and storytelling

Inside Retail

She also noted that accessories – such as socks and underwear – have been a particularly strong performer for the brand in recent months. These accessories are now available to purchase at Target – a key wholesaler. The other thing on our horizon is international growth and expansion,” Willmott said.