Biggest German Optician chain Fielmann based in Hamburg reports on half-year figures: Higher sales, but costs also rise. Share remains under pressure.Although the eyewear provider was able to increase its sales in the first six months by eight per cent to 854.5 million euros. But at the same time they faced higher costs for material and personnel . This is putting pressure on the margin, which is below the Group's longer-term targets.Fielmann previously targeted a profit margin of 16 per cent for 2025, but now expects a figure of eleven per cent for 2022.Another challenge for the Group with 21,000 employees: the pandemic is leading to "comparatively high levels of sick leave among employees". At the same time, costs have also risen sharply here. In order to counteract the shortage of skilled workers, salaries have been increased, it was said.

A few trends from the food trade: Germany buys cheaper, boom of discounters, Germany is buying organic, but also increasingly from discounters. Although the share is still small, the rates of increase are considerable: more and more people are paying attention to whether their food comes from . Even discounters like Aldi or Lidl and grocery chains like Rewe or Edeka have discovered organic food and are constantly expanding their range of products. The turnover of organic food has risen from 6 billion to 16 billion in the last 10 years, which is almost 7% of the total market. . On the other hand, this boom is causing a crisis in health food shops and organic supermarkets. Germans are reaching for cheaper products more often because of the sharply rising prices. Current figures show: Brand-name manufacturers and specialist retailers of sustainably produced food are facing an existential crisis because Germans are cutting back on their good conscience. After the "ALDImania" clothing collection, **Aldi Süd **is now also launching a food edition in the Aldi look. The limited private label product line is to go on sale on 2 September under the name "limited ALDItion".The design of the packaging is in the typical Aldi colours.Whether Aldi Nord will follow with the line is still open. **Farfetch **buys 47,5% of the Richemont owned Yoox net a porter. Richemont to get paid with 13,2% of Farefetch stock. The urban outfitter group reports record numbers for the first half of 2022 with an increase in turnover of 7,2% compared to last years period. Main drivers were the good results of the brands Anthropologie and Free People Group. According to calculations by the Federal Statistical Office, stationary fashion retail sales in the first half of 2022 were almost 14 per cent lower than in the pre-Corona year 2019. Stationary sports retail fared better with a significant increase of a good 10 per cent. meaningful for the actual situation in the companies is the comparison to the pre-Corona year 2019, where the stationary fashion trade is still 13.9 per cent behind. . In the first six months, the stationary sports retail sector can even look forward to a 10.1 percent increase in sales compared to 2019. The absolute winner of the Corona years, however, is mail order and online retail. Compared to the first half of 2019 they were able to achieve a strong increase in turnover of 38.6 percent! Lacoste opens its first coffee concept store: Le Café Lacoste in Berlin Mitte. On 150 square metres at Neue Schönhauser Straße 8, ever-changing, limited-edition collaborations with other brands and artists are intended to appeal to a different community each time and underline how multifaceted Lacoste can be and how great its relevance and credibility is in the most diverse communities. Nike will open a 950m2 Store in Boulevard Berlin with a scheduled opening in autumn 2022 Bloomberg Hong Kong - Esprit Holdings Ltd, once a high-flying Hong Kong fashion retailer before plunging into years of losses, is planning a comeback in Asia, turning away from a fast-fashion strategy that failed to compete with brands such as Zara and H&M. The company is now focusing on higher-quality clothes that are more expensive than fast-fashion clothing but more sustainable, Chief Executive Officer William Pak said in an interview with Bloomberg on Monday. The company is also returning to Asia after closing all 56 shops in the region in early 2020 due to the Covid pandemic.

It opened a pop-up store in Seoul in April and is set to open a flagship outlet in Hong Kong's Causeway Bay shopping mall next month. While the focus remains on e-commerce, the company aims to have at least one signature store in key Asian markets where it also has an online presence, Pak said.

Esprit is changing its strategy at a time when the fast-fashion model is coming under increasing criticism for environmental, social and governance issues such as waste, questionable sourcing of materials and sweatshop labour. As part of its shift to sustainability, Esprit has reduced its fashion cycles from twelve collections a year to just four, supplemented by limited-edition collections with other partners. It also moved its headquarters back to Hong Kong to streamline communication and logistics, as most of the company's suppliers are based in Asia. This strategy helped Esprit turn a profit in 2021 for the first time in five years, with a net profit of 381 million Hong Kong dollars (48.5 million US dollars).

Esprit was founded in San Francisco in 1968 by Susie and Doug Tompkins and spread globally in the 1970s. The share is still listed in Hong Kong and Esprit currently has a market value of around 447 million dollars.

Levi's® SPACE recently opened in the heart of Shanghai's stylish shopping district and popular meeting place for Generation Z, Yuyuan Road, and was designed as a six-month pop-up. Inside the two-story building, the modern design brings the Levi's® brand to life and creates an immersive experience for Chinese consumers through various events such as new product launches, artisan workshops and networking meetings. From authentic 501® jeans to futuristic metaverses and NFTs, SPACE offers an elevated and immersive experience that educates and entertains. Online multi-brand and pop-up shop provider Lone Design Club started as a “guerrilla” solution to the difficulties Rebecca Morter faced as an independent fashion brand owner.

Next week, it will open its most ambitious pop-up yet, a 9,000-square-foot space showcasing 62 brands on London’s popular Regent Street. Dubbed The Conscious Concept Store, the pop-up will run throughout September, with independent fashion, beauty and lifestyle brands, each vetted for their social and environmental impact by third-party compliance platform Compare Ethics. Joining them will be circular fashion businesses Sojo — “the Deliveroo of clothing repairs” — and rental platform Rotaro. Non-profit Fashion Revolution will put on educational events, and Web3 converts can shop via avatar through metaverse partner The Immersive Kind. Brands including Chinti and Parker, #GenZ favourite Senja By Maddie, and Birdsong are included. With the KYLIE COSMETICS GLAM HOUSE TOUR, #TeamDOUGLAS connects both the online and offline worlds. With the digital-analog activation mechanic we lead the community into the Kylie world. We look forward to many more exciting events in the future! For all fans of the world-famous reality star and self-made billionaire Kylie Jenner, August held a very special experience in store: At the KYLIE COSMETICS GLAM HOUSE TOUR - which took place in the three German metropolises Berlin, Oberhausen and Viernheim - fans had the unique chance to discover the world of Kylie: At each tour stop, pop-ups opened their doors to indulge fans in different areas, including a beauty date with makeup artists, inspiring product presentations of Kylie Cosmetics and Kylie Skin products, photo spots and shopping opportunities. 🌟 The highlight: the DOUGLAS Creator Challenge - taking photo spots as part of the Creator Community. 3 Winners With the KYLIE COSMETICS GLAM HOUSE TOUR, #TeamDOUGLAS connects both the online and offline worlds. With the digital-analog activation mechanic, we lead the community into the Kylie world. We look forward to many more exciting events in the future! gmoney , an NFT investor from Puerto Rico, he held the record for the most expensive cryptopunk (January 2021). Gmoney, whose real name and identity remain unknown, was part of the original collaboration between Bored Ape Yacht Club and Adidas. He also helped Visa purchase their Cryptopunk, which was big news at the time. Before moving into NFT and crypto full-time, he was a stock trader for 15 years. Now he has joined forces with IYK 9dcc is the very first crypto luxury house and lifestyle platform led by gmoney and is a collection of fine networked products as well as a crypto house that defines luxury and is created from the spirit of gmoney. This network is a group of like-minded people who come from the crypto space and are looking for a luxury brand they can trust and support. 9dcc t-shirts were minted exclusively for the Admit One community by gmoney on August 23 at a price of 0.3 ETH. A total of 1,111 of the ITERATION-01 NFTs will be made available. There are 6 looks. Each look represents a different size. captivates with its simple elegance with a subtle, high density screen print of the 9dcc logo on the neck and the woven 9dcc damask label. Oversized fit. Fine knit combed cotton jersey. made in Los Angeles - USA. ITERATION-01 is the first Networked Product™ from 9dcc. The t-shirt features the latest short-range wireless connectivity technology that allows it to be scanned with a cell phone to receive the associated NFT. This uniquely generated token represents ownership, authenticity, historical provenance and embedded utility through Web3 applications and ecosystems. On today's "International Toilet Paper Day", the German paper industry warns of new shortages of toilet paper. "In the current energy crisis, our top priority is to ensure that people are supplied with this important commodity," says Martin Krengel, Vice-President of the German Paper Industry Association and CEO of the tissue paper manufacturer Wepa. "In the hygiene paper production process, we are particularly dependent on gas. If it were to cease, we would no longer be able to guarantee security of supply." Recently, the industry has already had to increase prices for toilet paper significantly.