Retail Watch: Nike acquires virtual fashion platform RTFKT Sportswear giant Nike recently announced it is purchasing virtual fashion and non-fungible token* (NFT) platform RTFKT for an undisclosed sum. The purchase follows Nike’s plans to register its ... Read More
Retail Watch: Etsy buys Depop in Gen Z push Etsy, the American e-commerce marketplace, is to buy second-hand clothing app and platform Depop in a deal worth $1.6 billion, subject to regulatory approval in the US and ... Read More
Retail Watch: ASOS profits surge in lockdown COVID-19 lockdown restrictions preventing bricks-and-mortar stores from opening boosted the shift to online fashion buying, benefiting ASOS. The online fashion retailer’s revenues increased 24% year-on-year to £1.98 billion ... Read More
Retail Watch: H&M features vegan cactus leather in latest sustainability push H&M is expanding its range of sustainable fashion with a new collection, dubbed ‘Science Story’, featuring jeans, a shirt, a tracksuit, sunglasses and sandals. This clothing line is ... Read More
What can fashion retailers learn from ASOS’ success? Whilst the clothing retail market has been struggling during the pandemic, online-only fashion retailers such as ASOS have benefited from the closure of physical stores. Here, we explore ... Read More
3 strategies for UK fashion to adapt to the pressures of COVID-19 In order to survive in the lockdown, UK fashion retailers will have to show they can adapt to changing consumer needs. With clothing sales likely to decline even ... Read More
Asos fills gap for plus-size menswear Seven years after launching its plus-size womenswear range Curve, Asos is now among the first young fashion retailers to tap into growing demand for trend-led menswear in larger ... Read More
Diversity is fashion for all skin tones As observed by Mintel’s Trend Serving the Underserved, modern consumers live in more ethnically and culturally diverse societies with minority groups no longer sidelined, disenfranchised or overlooked. While ... Read More
New Look unveils first standalone menswear stores in the UK New Look has long been a high street staple in the UK, known for its good value clothes and footwear that are mainly orientated towards a female audience. ... Read More
The 10 need to know facts about the fashion accessories market in the UK What do you splash your hard earned money on? In the UK, it seems women simply can’t resist handbags, but when it comes to keeping up to date ... Read More
Profits at Next poised to overtake those of Marks & Spencer M&S remains ahead – for now Today’s results have seen profits at Next poised to overtake those of Marks & Spencer. Next has reported an 11.8% rise in underlying profit ... Read More
Men's Fashion: 3 key issues retailers need to know about the menswear market in the UK As London Collections: Men comes to a close, Mintel’s senior fashion analyst Tamara Sender identifies the top three business issues and opportunities for growth in the menswear market. How ... Read More
