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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.

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Global expansion fuels hefty profit boost for Lovisa

Inside Retail

Global expansion in both existing and new markets has helped drive Australian fashion jewellery chain Lovisa’s first-half profits up by 31.9 Further reading: As sales grow, Lovisa charts offshore expansion The post Global expansion fuels hefty profit boost for Lovisa appeared first on Inside Retail. per cent to $315.5

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How designer label Dion Lee is positioning itself for global expansion

Inside Retail

The founder and creative director hit the runway straight out of fashion school showcasing his first collection in a Kings Cross car park at Australian Fashion Week in 2009. Now, the brand is a permanent fixture in the New York Fashion Week program, presenting a new collection each season.

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What’s behind the re-emergence of teen fashion brand Pavement?

Inside Retail

In 2020, Australian teen fashion brand Pavement joined a large list of retailers that entered voluntary administration, citing the Covid-19 pandemic as a major factor contributing to their exit from the retail landscape. Are there plans for expansion beyond this partnership? IR: How significant will Pavement’s presence be across Big W?

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How Zalora is tapping into the $311 billion global modest fashion market

Inside Retail

In a celebration of tradition, culture, and style, Zalora , Asia’s leading fashion destination, recently launched its highly anticipated Zaloraya 2024 campaign. In particular, the status of Malaysia and Indonesia as high-growth markets for modest fashion points to a vibrant and thriving landscape,” Lim stressed.

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Ginger & Smart enters Saks after wowing at Fashion Week

Inside Retail

Australian luxury fashion label Ginger & Smart is spreading its wings to the US next month, when it enters high-end department store Saks Fifth Avenue off the back of its show at Afterpay Australian Fashion Week (AAFW) in June. Saks is just the beginning of overseas expansion for Ginger & Smart. Beyond surf and swim.

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How Net-A-Porter is supporting the shift to sustainable fashion

Inside Retail

Considered a philosophy to provide lasting luxury fashion and lasting positive impact, the 10-year strategy includes four key areas in line with the UN’s Sustainable Development Goals to boost circular fashion practices — circular business, circular culture, planet positive, and people positive. .

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