True Religion partners with Fashion Scholarship Fund for Los Angeles student support True Religion True Religion The Los Angeles-based denim brand said it has inked the True Religion x FSF Community College Bridge Scholarship with FSF, inviting one student from…
Nike to make full exit from Russia By Reuters API Nike Archiv 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 actions in Ukraine, adding that…
Asics makes steady progress thanks to running shoes category Translated by Nicola Mira Asics The performance running category drove the Japanese group’s results in H1 2022 – Asics Except in Japan, Asics grew chiefly thanks to the results of its…
European swimwear giant Arena deploys new strategy Translated by Nicola Mira When lockdowns and other restrictions were imposed because of the Covid-19 pandemic, swimming pools had to stay closed, while practitioner numbers boomed for other sporting activities like yoga and…
Amazon makes first venture fund bets with $150 mln for underrepresented founders By Reuters Amazon Amazon The online retailer said it is aiming to put money into more than 10 funds supporting some 200 companies at or before the seed…
Munich Fabric Start expects 1,000 businesses to return Translated by Isabelle Crossley Trade show Munich Fabric Start Located in a 2,500-square-metre space, the segment brings together 65 businesses which specialise in high-end ‘all-in-one’ supply solutions. Manufacturers from Portugal, Turkey, Morocco,…
ASOS to name new CEO soon – press report ASOS is reportedly close to naming its new CEO after a long search saw its front-runner turning the post down. The company is possibly opting for an internal candidate, a newspaper claims.…
Zalando takes stance against mulesing It emerged on Friday that online fashion giant Zalando Photo: Four Paws/Bente Stachowske As is usual with announcements linked to animal welfare issues around the fashion industry (such as ending the use of fur by…
H&M has strong first half but June sales will fall H&M H&M The company said on Wednesday that its net sales rose 20% to SEK103.67 billion (€9.7bn), with a 15% increase in local currencies. Gross profit rose to SEK54 billion…
Perfect Corp. debuts on New York Stock exchange Beauty and fashion software company Perfect Corp Perfect Corp. debuts on the New York Stock exchange – Perfect Corp. Trading on the New York Stock Exchange (NYSE), the company is listed under…
