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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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McArthurGlen Designer Outlet Cheshire Oaks to welcome athletic apparel brand lululemon

Retail Focus

Kenny Murray, General Manager comments: “ McArthurGlen Designer Outlet Cheshire Oaks is delighted to welcome lululemon to our retail line up to coincide with our reopening April 12 th. The post McArthurGlen Designer Outlet Cheshire Oaks to welcome athletic apparel brand lululemon appeared first on Retail Focus.

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Redbubble cuts staff to manage costs

Inside Retail

Apparel sales in the US remained “relatively resilient” offset by its discretionary categories, such as wall art and homewares. It has revised its FY23 operating expenditure to a range of between $125 million and $135 million while its MPR remains broadly in line with the previous year.

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Step One launches new innerwear line for women in Australia

Inside Retail

Digitally-native apparel brand Step One Clothing has launched a women’s innerwear line in Australia and the UK. The boxer-short style specifically tailored for women features organic bamboo fabric with a comfortable waistband that – along with no visible panty line – promises comfort and the ability to manage sweat.

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Levi’s GM for Southeast Asia explains why the region “holds immense potential”

Inside Retail

This includes the Levi’s Tailor Shop, an embodiment of craftsmanship where denim aficionados can breathe life into their apparel through bespoke touches of embroidery, patches, and fabric panelling. This is in line with the brand’s strategy of being direct-to-consumer first. “At

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NEXT in line at Sterling Mills as Affinity Outlets signs 14,000 sq ft of new Retail

Retail Focus

It will become the latest major retailer to join the line-up of fashion, beauty, leisurewear, outdoor apparel and homewares brands, including Nike, Adidas, Regatta, Trespass and Beauty Outlet. The post NEXT in line at Sterling Mills as Affinity Outlets signs 14,000 sq ft of new Retail appeared first on Retail Focus - Retail Design.

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Under Armour continues to struggle although decline softens

Inside Retail

Athletic apparel brand Under Armour posted revenue of US$1.6 Direct-to-consumer revenue rose 3 per cent to $596 million after the company managed to control the sales experience and tell a story around its merchandise. Apparel revenue increased 3 per cent to $1.1 billion, but footwear was down 7 per cent to $351 million.

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