Nike Inc. is nearing an eight-figure endorsement deal with basketball star Caitlin Clark ahead of her professional debut set for May, according to a person familiar with the negotiations.

Eyewear maker EssilorLuxottica posted on Thursday a 5.5% increase in revenues in the first quarter, thanks to solid growth in Europe and despite a weak North America performance and a tougher basis of comparison.

H&M launched on Thursday its collaborative collection with emerging brand Rokh introducing a collection that reimagines wardrobe staples.

Adidas launched new shoes for 41 Olympic disciplines at an event in Paris on Thursday,  as it uses the Games to hone its focus on sports rather than celebrities.

The National Retail Federation has announced that executive director of the NRF Foundation Adam Lukoskie has been promoted to also serve as senior vice president of NRF.

Californian lifestyle brand Brixton announced Thursday the appointment of Seth Ellison to the role of chief executive officer, effective April 22.  

Shoulder-padded, daffodil yellow and accented with gleaming gold buttons -- a very of-its-time suit Princess Diana wore during her 1989 trip to Hong Kong is now among six outfits on display in the former British colony.

The BFC Foundation has welcomed Andin Fonyonga to its board of trustees. Fonyonga joins fellow trustees David Pemsel, Pam Batty, Laura Strain and Caroline Rush.

As artificial intelligence (AI) continues to make its mark across the fashion landscape, Boohoo Group has now expanded its tie-up with cloud-based e-commerce experience platform Bloomreach.

During her visit to Italy to meet fashion industry representatives, the minister discussed the Italian ecosystem, potential synergies with France, and outlined the main aspects of her plan for the fashion industry.

Leading North East retail destination Metrocentre is to add one major retailer and welcome another’s upgrade. Footwear retailer Clarks and lingerie brand Victoria’s Secret are joining the centre’s Green Mall location.

British womenswear brand Mint Velvet is to open a key regional store at centre:mk in Milton Keynes this summer.

London-based Trouva has yet another new owner. The platform for independent boutiques and brands has been acquired by Fy! for an undisclosed sum.

Fashion, accessories and homewares retailer Oliver Bonas is set to open a 3,000 sq ft store within the Touchwood shopping centre in Solihull.

The two luxury brands, along with the Italian retailer, are making a name for themselves at this year's Milan Design Week with some particularly original and environmentally-friendly projects.

​The major fashion comeback for Laura Ashley that Fashionnetwork.com revealed last autumn is now happening with the label launching the new range into Next stores and online at both Next and Laura Ashley this month.