Italian ‘buy now, pay later’ specialist Scalapay has completed a funding round worth €131 million ($150 million), that will enable the company to bolster its personnel growth and international expansion plans.
The luxury label has expanded its capacity with a new plant in the Gironde region, in the village of Saint-Vincent-de-Paul. It is Hermès’s 19th leather goods factory, and will employ 260 workers once fully operational.
The California-based company specialized in digital-native fashion brands targeting millennial and Gen-Z consumers has set the terms of its New York IPO, revealing that it expects to raise up to $263.9 million.
Trade shows are back… and how. Visitors to Scoop x Pure show last week will have seen a busy event . High Covid case rates may be making some people nervous, but fashion is heading back to normality as fast as it can.
Sporting boundaries don’t appear to exist for Castore. The ambitious, fast-growing lifestyle and sportswear brand, so far best known for its kit deals with major UK football teams, has now entered the cricket arena.
UK-based specialist information and analytics company Ascential has bought OneSpace, the US-based content optimisation business that serves brands trading on e-commerce marketplaces. The purchase price wasn't disclosed.
Footfall across UK retail destinations dipped 4.2% week-on-week in the seven-day 5-11 September period, with shopping centres and retail parks bearing the brunt of the decline, latest Springboard figures show.
Safilo's shares rose more than 14% on Monday after the Italian eyewear group signed a multi-year licensing deal with Chiara Ferragni to design, make and distribute the first eyewear collection under her brand.
Shying away from the oversize installations of previous editions, luxury labels like Gucci, Off-White and Givenchy took advantage of the Milan Design Week to showcase an array of new projects and offbeat initiatives.