Puma expects margin pressures to persist in 2023 By Reuters API Fashion German sportswear maker Puma Archivo Rising materials and freight costs along with a stronger U.S. dollar, inventory markdowns and higher promotion expenses have hit margins in the sporting…
EU adopts recommendations for ending fast fashion By Fibre2Fashion Members of the European Parliament (MEPs) in the European Parliament’s Environment Committee have adopted recommendations to promote circular, sustainable, and socially just production of textiles in the EU. The recommendations aim…
DressX raises 15 million USD in latest round of funding The fashion may be virtual at DressX, but the funds to fuel its growth is cold hard cash, aka physical legal tender. Founders Daria Shapovalova, CEO, and Natalia Modenova, COO,…
Walmart Canada names Gonzalo Gebara as president and CEO Walmart Canada announced on Tuesday the appointment of Gonzalo Gebara to the position of president and CEO, effective January 30, 2023. Walmart Canada names Gonzalo Gebara as president and CEO. –…
Cath Kidston up for sale again after less than a year Cath Kidston Cath Kidston Sky News said the company – which is known for its vintage-inspired floral prints – was acquired by Hilco Capital last year. But its owner…
Woolrich drops parka made with plant-based fibres Translated by Nicola Mira US outdoor label Woolrich The Woolrich Arctic Parka made with Brewed Protein polymers The Brewed Protein polymers used for the parka has been developed by Japanese start-up Spiber by…
VF Corp sales, earnings dip on lacklustre Dickies, Vans revenues U.S. apparel and footwear company VF Corporation Supreme The Denver, Colorado-based company said its The North FaceVansTimberlandDickies By region, VF Corp.’s EMEA and Americas regions decreased 2%, respectively, while its Asia Pacific…
Varley signs for first European store with King’s Road debut American athleisure brand Varley is to open its first European store with a debut on London’s King’s Road, part of the estate controlled by Cadogan. It has signed a five-year lease…
Ross Stores to open 100 new locations this year Off-price fashion retailer Ross Stores Ross Stores to open 100 new locations this year. – Ross Stores In particular, 11 Ross Dress for Less and Eight DD’s Discounts stores have opened…
Jack Wolfskin co-launches Great Plains documentary Outdoor brand Jack Wolfskin The new film is Jack Wolfskin and WaterBear’s second project, this time highlighting the drive to rewild and restore the Great Plains of North America. It also supports a broader…
