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Top Fashion & Retail News Update 30-6

Top Fashion & Retail News Update 30-6

Global, News
Top Fashion & Retail News Update Here’s your updated global Fashion & Retail This Week news roundup, based on the latest reports: Closures & Restructuring River Island (UK) Announced the closure of 33 stores—six of them in Scotland—including Banbury, Edinburgh, and others. These locations will remain open into January 2026 while River Island negotiates rent cuts; an additional ~70 stores are also at potential risk thesun.co.uk Otterburn Mills (UK) The historic 18th-century knitwear brand, once favored by the Royal Family and high-end houses, has liquidated, closing permanently and cutting 28 jobs due to high costs and weak footfall voguebusiness.com Macy’s (USA) Continuing its “Bold New Chapter” plan, Macy’s is closing 66 underperforming U.S. locations in 2025, w...
Latest Fashion Technology updates 19-6

Latest Fashion Technology updates 19-6

Global, News
Here are the latest fashion technology updates this week: ️ 1. Google AI Mode Enhances Virtual Try‑On At Google I/O 2025, Google unveiled “AI Mode” for Shopping, which includes an advanced virtual try‑on feature that lets users upload a full-body photo and instantly see how clothes look on them—powered by a custom generative model that realistically replicates fabric drape and body fit nettyfy.com Initially available in the U.S. Search Labs, this tool lets users try billions of apparel items—starting with women’s tops, expanding to men’s later techeblog.com 2. Meta Expands into Smart Glasses Meta is launching Oakley-branded AI smart glasses this week, targeting sports and fitness users en.wikipedia.org The company is also partnering with Prada, extending its smart...
Global Fashion Retail this Week: Latest Roundup 13-6

Global Fashion Retail this Week: Latest Roundup 13-6

Global, News
latest roundup of key developments in global fashion retail for this week (ending June 13, 2025): Closures & Restructuring Otterburn Mills (UK): The historic 18th‑century brand, once a supplier to Dior and the Royal Family, has liquidated and closed permanently. Its shutdown highlights escalating challenges in the UK market, including rising costs and shifting consumer shopping habits. 7worldretailcongress.com River Island (UK): Set to close its Banbury store on June 28 amid a broader restructuring affecting up to 230 locations. The brand reported a £33 million pre-tax loss and a turnover decline of over 19% in 2023, according to thescottishsun.co.uk. Torrid (US): The plus-size apparel retailer announced plans to shutter nearly 180 stores—almost 30% of its location...
Global Fashion Retail Industry Roundup 03-06

Global Fashion Retail Industry Roundup 03-06

Global, News
Here’s your updated roundup of major developments in the global fashion retail industry for the week ending June 3, 2025: Major Retail Closures & Restructuring Poundland is set to close its Bank Street branch in Newquay on August 1, 2025, after failing to reach terms to keep it open. This decision has sparked local backlash, including a petition launched by residents who rely on the store for everyday needs. The closure is part of broader troubles for the bargain retail chain, as up to 200 of its stores are at risk amid a sale process initiated by parent company Pepco. (thescottishsun.co.uk) Macy's has confirmed the closure of 150 stores by the end of 2026 as part of the company's "Bold New Chapter" initiative, which aims to modernize its operations by shiftin...
Fashion Retail Weekly News Update 17-5

Fashion Retail Weekly News Update 17-5

Global, Retail News
Fashion Retail Weekly News Update   Here’s an updated roundup of major developments in the global fashion retail industry for the week ending May 17, 2025: Retail Closures & Restructuring Superdry is closing its store at Silverburn Shopping Centre near Glasgow, launching a significant closing-down sale with discounts up to 75%. This move reflects broader challenges in the UK retail sector, including rising operational costs and shifting consumer behaviors. The Scottish Sun Hudson’s Bay Company has announced the liquidation of all its Canadian stores, including 74 Hudson's Bay locations and 13 Saks Off 5th outlets. This decision follows unsuccessful attempts to secure financing and restructuring efforts. Jeanswest, an Australian apparel chain, is closing all 90 of its...
Latest Developments in Fashion Technology

Latest Developments in Fashion Technology

Global, News
Latest Developments in Fashion Technology Here’s an updated overview of the latest developments in fashion technology as of May 2025: AI-Driven Innovation in Fashion Zalando has significantly reduced its marketing campaign production time and costs by integrating generative AI. The company now produces editorial images in 3–4 days, down from 6–8 weeks, with approximately 70% of these images being AI-generated. This approach allows for rapid response to emerging trends and has cut associated costs by 90% . The Fashion Scholarship Fund highlights the growing use of AI in enhancing user experiences through personalization and virtual try-ons. These technologies are revolutionizing how consumers interact with fashion brands, offering tailored recommendations and immersive shopping e...
Fashion Retail Developments 5-2-2025

Fashion Retail Developments 5-2-2025

Global
Fashion Retail Developments 5-2-2025   Here’s a roundup of the latest developments in the global fashion retail industry as of May 3, 2025: Major Retail Closures and Restructuring Forever 21 has permanently closed all 354 of its U.S. stores following a Chapter 11 bankruptcy filing in March. The company cited rising operational costs and stiff foreign competition, particularly from retailers like Shein and Temu, as reasons for its business model becoming unsustainable. International operations remain unaffected. Vogue Business Bonmarché, a UK-based fashion retailer, announced the closure of its Hemel Hempstead store in July, following a recent closure in Derbyshire. The company attributes these closures to rising operational costs and changing consumer habits, including a...
Latest Developments in Fashion Technology 25-4

Latest Developments in Fashion Technology 25-4

Blogs, Global
Latest Developments in Fashion Technology This week in fashion technology, the industry is witnessing groundbreaking innovations that are reshaping the way we design, produce, and experience fashion. Here's a roundup of the most significant developments:​ 3D Printing Custom Fashion at Your Fingertips The First Fashion Show in Space In a groundbreaking fusion of fashion and space exploration, Blue Origin's New Shepard rocket hosted the first-ever fashion show in space on April 14, 2025. The all-female crew, including Katy Perry, Gayle King, and Lauren Sánchez, donned custom-designed flight suits by Monse's Fernando Garcia and Laura Kim. These tailored ensembles combined functionality with high fashion, marking a significant moment where style met the stars. People.com This event s...
Global Textile Updates 27-3

Global Textile Updates 27-3

Global, News
Global Textile Updates 27-3 The global textile industry, a complex tapestry woven with economic, social, and environmental threads, is undergoing a period of significant transformation. Recent news highlights a diverse range of developments, from strategic partnerships aimed at fostering innovation and circularity to pressing concerns surrounding labor rights and international collaborations focused on regional growth. This article delves into these key trends, examining the implications for businesses, consumers, and the future of the textile landscape. Regional Developments and Economic Opportunities: The TURANSEZ Cotton-Textile Cluster A notable development in regional textile economics is the planned establishment of a cotton-textile cluster within the TURAN Special Economic Zon...
Fashion and Retail Latest Updates

Fashion and Retail Latest Updates

Global, News
Fashion and Retail Updates: CEO Exits, Cambodian Exports, and Navigating a Turbulent Market The fashion industry, a complex ecosystem of creative vision, logistical precision, and consumer whims, is experiencing a period of considerable flux. From unexpected leadership changes at established retailers to fluctuating trade dynamics and the ever-present specter of tariffs, navigating the current landscape requires agility and a keen understanding of the underlying trends. In this post, we delve into several key news items impacting the sector, offering a comprehensive overview of the challenges and opportunities that lie ahead. The Revolving Door of Leadership: CEO Departures Rock the Retail Boat Perhaps the most immediately striking trend is the recent spate of CEO exits across sever...