Nextil reported lower revenues in 2022 to just 50 million euros due to the closure of its El Masnou plant Translated by Roberta HERRERA The Spanish textile industrial group Nextil saw its revenues fall by 22% in 2022, mainly due…
Amazon secures $8 billion loan By Reuters API Amazon Reuters The term loan will mature in 364 days with an option to extend for an additional 364 days and the proceeds would be used for general corporate purposes, Amazon said.…
Desigual launches open call for startups for second edition of ‘Awesome Lab’ Translated by Roberta HERRERA The Spanish company is continuing to develop its startup accelerator programme. In collaboration with Wayra, Telefónica’s open innovation hub, the platform has just opened…
Ivy Park, Fila, Stone Island drop sportswear collaborations with a new twist Translated by Nicola Mira Featuring camo sneakers and items inspired by high-altitude trekking, three new collaborations give a fresh twist to the aesthetic codes of sportswear with these…
Jacob Cohën appoints Matthew Adams Dolan as head of women’s collections Translated by Cassidy STEPHENS Jacob Cohën has entrusted its women’s collections to Matthew Adams Dolan. The Italian premium denim specialist, which has been investing in its women’s line for…
Amazon to roll out TikTok-like shopping experience in social commerce push By Reuters API Amazon Users can access the feed by clicking on a “light bulb” button on the bottom bar in the Amazon app – Reuters The move comes…
FitFlop aims for growth through more Aurelius funding Wellness/footwear and apparel brand Fitflop has secured an extra five-year, $30 million revolving credit facility from Aurelius Finance Co (AFC) to support its long-term growth. FitFlop Aurelius’s backing continues after “playing a…
69% US consumers willing to pay more for sustainable products By Fibre2Fashion Consumers in the US remain invested in eco-conscious practices, according to a survey from Blue Yonder, a digital supply chain company. The results show that an impressive 69%…
Patrick Puy called to head Go Sport Translated by Cassidy STEPHENS Patrick PuyVivarteLa HalleNaf NafAndré), from 2016 until it was dissolved in 2021, he is taking on the role of CEO of Go SportJanuary 16 Patrick Puy – DR Reporting…
Victoria’s Secret sales down on comps, North America; earnings beat expectations Victoria’s Secret & Co. announced on Wednesday revenues for the third quarter fell 9% to $1.318 billion, on the back of a double-digit decline in comparable store sales, partially offset…
