F1 clothing craze sweeps retailers ahead of Las Vegas Grand Prix autoblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoblog.com Daily Mail and Mail on Sunday newspapers.
Formula One motor sports, which routinely draws top-tier luxury sponsors like Rolex, is expanding its roster of partners to retailers whose core business is selling clothing at American shopping.
In the latest third-quarter filings from US apparel and footwear brands and retailers, Francesca s Holdings Corporation swung to a third-quarter loss of US$16.2m, PVH Corp posted what CEO Emanuel Chirico called a strong earnings performance , and Abercrombie booked its fifth consecutive quarter of positive comparable sales.>Tommy Hilfiger is to introduce 100% recycled cotton denim styles in its spring Tommy Jeans collection, thanks to support from parent company PVH s Denim Center in Amsterdam â its first hub in Europe dedicated to setting new standards for producing denim in a faster, more consistent and more environmentally-friendly way. >In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.>