Esprit launches London and New York innovation hubs Esprit Esprit As part of its wider strategy, the brand has been moving key functions to strategic locations, “creating a truly global presence”. It said the two metropolises are global cities “with…
Flooding in Pakistan: what repercussions for the textile industry? Translated by Nicola Mira The terrible floods that have ravaged Pakistan for the last three months have, according to official figures, killed more than 1,130 people, destroyed nearly one million homes,…
Guess celebrates 40 years with party that falls flat Closing the second day of LA Fashion Week (LAFW), GuessLighthouse ArtSpace in Hollywood. Guess’ party at the Lighthouse ArtSpace – Getty Images x Guess! Dedicated to recent digital art and immersive…
Khaite: Eighties excess, contemporary success One of New York’s hottest fashion brands today is Khaite, and one could fully comprehend why after attending its powerful, punchy and precisely Southwestern collection staged in Meatpacking District on a wet Sunday. Kendall Jenner…
Sustainability and a sense of community dominated Copenhagen Fashion Week Translated by Roberta HERRERA The streets of Copenhagen exude fashion. The city’s inhabitants are renowned for their unique style, a far cry from the usual conventions of their European neighbors.…
Canada’s Shopify cuts 10% of workforce as online shopping slows By Reuters Canada’s Shopifyecommerce Reuters Its shares tumbled 14.7% on the U.S. bourses and on the Toronto Exchange, they shed 14% on Tuesday, pulling Canada’s wider main stock index…
Macy’s warns of discounts hitting annual profit as inflation saps demand By Reuters Macy’s The company joined other top retailers, including rival Kohl’s Macy’s inventories were up 7% at the end of the second quarter, prompting the department store chain…
U.S. retail sales fall after hefty gains By Reuters U.S. retail sales fell more than expected in November, but consumer spending remains supported by a tight labor market, with the number of Americans filing for unemployment benefits decreasing by the…
De Rigo buys Rodenstock’s eyewear division, confirms 2022 revenue guidance at over €450 million Translated by Nicola Mira Italian eyewear group De Rigo, one of the world’s leading specialists in the design, production and distribution of quality glasses, has inked…
Avery Dennison’s Q2 net sales up 11.7% By Fibre2Fashion Avery Dennison Corporation, a US-based materials science company specialising in the design and manufacture of a wide variety of labelling and functional materials, has reported that its net sales increased by…
