Fashion retail news
Here are some recent fashion retail news stories:
1. Boohoo acquires Karen Millen and Coast: Online fashion retailer Boohoo has acquired the brands Karen Millen and Coast from Boohoo Group's rival, Next, for £18.2 million. (Source: The Guardian)
2. Zara owner Inditex reports strong sales growth: Inditex, the parent company of Zara, Massimo Dutti, and other fashion brands, reported a 12% increase in sales in the first quarter of 2023, driven by strong demand in Europe and Asia. (Source: Reuters)
3. Sephora to open 100 new stores in China: Beauty retailer Sephora plans to open 100 new stores in China over the next three years, as part of its expansion plans in the country. (Source: Cosmetics Business)
4. H&M to launch sustainable fashion line: H&M has announced plans to launch a new sustainable fashion line, called "H&M Conscious", which will feature clothing made from recycled materials and produced using environmentally-friendly methods. (Source: Fashionista)
5. ASOS to launch menswear-only store: Online fashion retailer ASOS is set to launch a new menswear-only store, called ASOS Mens, which will offer a range of clothing and accessories for men. (Source: Drapers)
6. Nordstrom to close 16 stores: US department store chain Nordstrom has announced plans to close 16 stores across the US, as part of its efforts to streamline its operations and focus on online sales. (Source: Retail Dive)
7. LVMH acquires Tiffany & Co.: Luxury goods conglomerate LVMH has completed its acquisition of Tiffany & Co., the US jeweler, for $16.2 billion. (Source: Bloomberg)
8. Uniqlo to open 100 new stores in Japan: Japanese retailer Uniqlo has announced plans to open 100 new stores in Japan over the next three years, as part of its expansion plans in the country. (Source: Japan Times)
9. Topshop to relaunch as online-only brand: British fashion retailer Topshop is set to relaunch as an online-only brand, after its parent company, Arcadia Group, went into administration last year. (Source: The Telegraph)
10. Amazon to launch new fashion brand: Amazon is set to launch a new fashion brand, called "Amazon Fashion", which will offer a range of clothing and accessories for men and women. (Source: WWD)
These are just a few of the latest fashion retail news stories. If you'd like to stay up-to-date with the latest news and trends in the fashion retail industry, I'd be happy to help you with that!