ASOS makes commercial chief its new CEO, warns on profit ASOS had plenty of big news on Thursday from a trading statement in which it talked of higher sales but also a higher rate of returns impacting profit, as well…
Gap beats quarterly estimates on steady demand for formal clothing By Reuters Gap Gap Inc People are preferring more formal clothing, dresses, woven tops and pants, shelving casual wear like t-shirts and shorts as they return to travel, work and…
U.S. online sales during Amazon’s Prime Day jump to $12 bln- report By Reuters U.S. online sales during Amazon Amazon said on Thursday the two-day shopping event, on July 12 and 13, was its biggest ever globally, with members of…
Sri Lanka: default of twelfth-largest EU, USA apparel supplier Translated by Nicola Mira Sri Lanka, the EU and the USA’s twelfth largest apparel supplier, is defaulting. Shortages are increasingly widespread, as the country is only able to import fuel, foodstuffs…
THG rebuffs bid approaches, share price dives Tech-to-beauty online giant THG said on Thursday that it has rebuffed recent takeover approaches as they undervalue the business. THG In a stock exchange statement, the company said: “THG has received indicative proposals…
Dr. Martens on the move, in Paris and worldwide Paris will always be a magnet for booming brands; and one that popped up with a snappy showroom recently was Dr. Martens Dr. Martens Global Creative Director Darren McKoy – Photo:…
Mango invests in sustainable startup Recovo Translated by Roberta HERRERA Mango Mónica Rodríguez, co-founder and CEO of Recovo; Marta Iglesias, co-founder and COO of Recovo; Gonzalo Sáenz; co-founder and CMO of Recovo; and Belén Rallo, director of Mango StartUp Studio..…
StockX denies Nike allegations of counterfeit shoes Sneaker marketplace StockX has denied allegations from Nike StockX denies Nike’s allegations of counterfeit shoes, NFTs. – Facebook: StockX “Nike’s suggestion that StockX is a bad actor that intentionally deals in counterfeits and…
Magic New York kicks off September 18 Trade show MagicApple Magic Informa Markets Fashion, the organizer behind the fashion industry event, revealed on Thursday the show details of its next edition slated to be held at the Javits Center in New…
Puig acquires a majority stake in Byredo Translated by Roberta HERRERA Spanish fashion and beauty company PuigCharlotte TilburyByredoFashionNetwork.com Byredo Rumors about the potential sale of the niche fragrance and cosmetics firm have been circulating for days. But while various media…
