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News
Debenhams Group offloads Sheffield distribution centre
2+ day, 23+ hour ago (36+ words) fashionunited.uk Debenhams Group has announced the offloading of its Sheffield distribution centre as part of continued turnaround efforts specifically focused on pivoting the retail giant to a capital-lite, stock-lite model....
UK retail footfall remains stable in August despite extreme weather
1+ week, 2+ day ago (62+ words) Fashion United - UK retail footfall remains stable in August despite extreme weather August footfall remained largely stable across UK retail destinations, with back-to-school shopping helping to offset impact from extreme weather throughout the month. Between August 2 and 30, footfall rose 1 percent…...
Asda reports 0.4 percent revenue increase in Q2 2026
1+ week, 5+ day ago (56+ words) fashionunited.uk - Asda reports 0.4 percent revenue increase in Q2 2026 UK supermarket operator Asda has released its second quarter financial results, detailing a period impacted by soft consumer confidence alongside early signs of operational stabilization. Within the group's broader retail portfolio, non-grocery…...
Dick's Sporting Goods reports mixed Q2 results amidst Foot Locker integration
2+ week, 4+ day ago (92+ words) Fashion United - Dick's Sporting Goods reports mixed Q2 results amidst Foot Locker integration US-based sports retailer Dick’s Sporting Goods reported its financial results for the second quarter ended August 1, 2026. Consolidated net sales rose 53.2 percent to 5.59 billion dollars compared to 3.65 billion dollars…...
Azzas 2154 reports Q2 drop in revenue and profit
3+ week, 3+ day ago (110+ words) Fashion United - Azzas 2154 reports Q2 drop in revenue and profit Last week, Brazilian holding company Azzas 2154 presented its results for the second quarter of 2026. Gross revenue fell by 7.1 percent to 3.4 billion reais (656.5 million dollars) compared to the second quarter of last…...
Harvey Nichols halts online operations following Frasers takeover, Irish business in liquidation
3+ week, 3+ day ago (65+ words) Fashion United - Harvey Nichols halts online operations following Frasers takeover, Irish business in liquidation The website of British department store Harvey Nichols has shuttered following its acquisition by Frasers Group. The luxury retailer has warned customers that its online business…...
Fila-owner Misto Holdings posts 16.6 percent revenue increase in Q2
4+ week, 1+ day ago (272+ words) The overall performance was primarily driven by strong product demand within the Acushnet segment and improved profitability across the core Misto segment, alongside a one-time tariff refund. Under the group’s core brand Fila, footwear and apparel lines both delivered growth…...
Björn Borg records highest H1 operating profit in company history despite sales dip
4+ week, 2+ day ago (491+ words) Swedish sports and fashion group Björn Borg AB (Björn Borg) has reported its interim financial results for the second quarter (Q2) and first six months ending June 30, 2026, delivering improved profitability and gross margin expansion despite top-line headwinds. First-half operating profit grew…...
"We are not running a race": CEO Dieter Holzer on Closed after insolvency
4+ week, 2+ day ago (852+ words) During the Düsseldorf Fashion Days, FashionUnited spoke with him about the brand's relaunch, retailer confidence, international growth, and why he believes courage and common sense are not mutually exclusive. The most important thing is that the company can operate freely…...
Coach performance propels Tapestry to double-digit annual sales and profit growth
4+ week, 2+ day ago (500+ words) US luxury group Tapestry, Inc. (Tapestry), the parent company of Coach and Kate Spade New York achieved double-digit top- and bottom-line growth across fourth quarter and full year. The performance for the period ending June 27, 2026, was driven by strong handbag…...