Frasers buys I Saw It First shortly after Missguided swoop So the rumours were true. Acquisition-hungry Frasers Group confirmed on Thursday that it has acquired online fashion retailer I Saw It First. I Saw It First The company said it…
Yeezy Gap Engineered by Balenciaga enters Gap Stores Following the launch of a virtual game, the YeezyGapBalenciaga Yeezy Gap Engineered by Balenciaga enters Gap Stores – Yeezy Gap In particular, Gap introduced its first physical retail experience at its “reengineered”…
Inditex in 100 million euro deal to make clothes from recycled fabric By Reuters API ZaraInditex The purchase commitment will support Infinited Fiber’s plans to open its first large capacity factory in 2024, when Inditex is due to start buying…
Nike may not be renewing franchise agreements in Russia By Reuters API U.S. sportswear maker Nike Archivo Nike said on March 3 it would temporarily suspend operations at all its Nike-owned and -operated stores in Russia in response to Moscow’s…
Allbirds Q1 sales boosted by U.S. market, international growth slows Allbirds Total revenues reached $62.8 million for the first quarter ending March 31, compared to $49.6 million in the prior-year quarter – Allbirds The San Francisco-based company said total revenues…
Mark Zuckerberg meets Italian luxury industry’s top names in Milan Translated by Nicola Mira Mark Zuckerberg Ansa A picture posted on social media by Mark Zuckerberg, shown with Leonardo Del Vecchio – Ansa Zuckerberg met with Italian Prime Minister Mario Draghi…
Lululemon appoints Clark new senior VP for Europe Lululemon has a new Senior Vice President to lead the sportwear retailer’s EMEA region. Sarah Clark joins this week as the retailer “continues to grow and deliver on its next chapter of international…
Kontoor Brands appoints SVP, chief supply chain officer Kontoor Brands, Inc. announced on Monday the appointment of Ezio Garciamendez as senior vice president, chief supply chain officer. Kontoor Brands appoints Ezio Garciamendez SVP, chief supply chain officer. – Kontoor Brands…
Pound plunge means even higher prices for UK consumers, says McKinsey By Reuters API British consumers are likely to face a further hike in prices of clothing and homewares following the pound’s plunge against the dollar, consultants McKinsey The majority…
AYBL turnover more than doubles as it ramps up expansion drive One of Britain’s fastest-growing smaller companies — AYBL Group — has reported record turnover for the latest year with the company’s sales rising 124% to reach £23.1 million. AYBL’s…
