New owners prepare for Matalan takeover as founder’s final bid fails Matalan Matalan His fate was sealed as a group of the company’s lenders agreed a debt for equity swap. That move — which had been expected — comes after…
H&M profit gets Q1 Sellpy boost, says womenswear, COS and Arket are strong H&M H&M Operating profit rose to SEK725 million (€65m/£58m/£69m) from SEK458 million, corresponding to an operating margin of 1.3%, up from 0.9%. It had been expected to…
Odlo drops collaboration with Burton Snowboards Translated by Nicola Mira Sportswear brand OdloBurton The Odlo x Burton Snowboards collection The Slokar range is made with Odlo Performance Wool fabric, which blends natural merino wool and synthetic fibres to meet the…
India, Bangladesh outperform China in footwear supply to U.S. By Fibre2Fashion India and Bangladesh surpassed China in footwear supply to the U.S. In 2022, U.S. footwear imports from China did not reach the levels achieved in 2018. However, imports from…
Go Sport: the French court will examine the options of continuation or sale on April 18 Translated by Cassidy STEPHENS On March 15, the Grenoble Commercial Court handed down several decisions concerning the receivership of Go SportIntersport FNW As part…
Expanding Castore plans $200m fundraising – report There are no signs Castore’s expansion ambitions are anywhere near satisfied. The fast-growing British sportswear producer/retailer is aiming to raise around $200m to fund further expansion. Castore The business is understood to be in talks…
Woolmark links with Nissan to dress and drape its Formula E team Woolmark has joined forces with Nissan to create the team uniforms for the automaker’s Formula E race team, a new link-up emphasizing innovative fashion in high performance natural…
Alibaba launches Miravia in Spain, a new fashion, beauty and lifestyle marketplace By Europa Press Translated by Roberta HERRERA Alibaba Screenshot of Miravia – Miravia More specifically, the platform seeks to provide a different shopping experience for consumers, giving them…
Superdry launches unique print collab with Japan’s Pagong Superdry Superdry x Pagong It has reimagined some of the house’s “most iconic patterns” for a limited edition offer. And the collab is the first time the Japanese brand’s exclusive prints have…
Adidas unveils new label, just a day after Jenna Ortega is named its ambassador WellAdidas Adidas Sportswear It’s called Adidas Sportswear and “complements” the brand’s Performance and Originals labels. The new line “aims to level up the wearer’s everyday look…
