The Detroit-based online resale platform announced on Thursday that it has completed a new funding round, bringing the company’s total valuation up to $3.8 billion.
Lycra announced the appointment of Yafu Qiu, chairman of The Lycra Company, and Julien Born, chief commercial officer of The Lycra Company, as co-chief executive officers.
A.K.A. Brands, the direct-to-consumer fashion platform specialized in digitally native brands, announced on Thursday the appointment of Ciarán Long as chief financial officer.
The American star is strengthening his ties with the Italian luxury brand, collaborating in the creative process of a capsule collection dubbed "BP Signature."
The French group has unveiled a new logistics hub in Trecate, northern Italy, which will bring together all of its European operations. The logistical reorganization will also affect the U.S., the Middle East and Asia.
Levi Strauss & Co on Thursday raised its half-year revenue growth forecast, banking on Covid-19 vaccine rollouts to spur a return to normalcy, after the denim maker beat quarterly sales estimates on an e-commerce boost.
Two years after opening his garment factory in Myanmar, Li Dongliang is on the verge of closing down and laying off his 800 remaining workers.
After a successful trial in February, Texworld Evolution organiser Messe Frankfurt will hold another showroom in Paris from July 5 to 9 to maintain a physical meeting point despite the absence of its trade shows.
After stepping into fine jewellery, luxury brand Gucci has diversified into luxury watch-making with a dedicated collection conceptualised by creative director Alessandro Michele and manufactured in Switzerland.
The US apparel and footwear group has inaugurated a 55,700-square-metrer logistics centre in Leicestershire that will generate up to 250 new jobs, and will boost the group’s business in the UK and the EMEA region.
Shanghai’s Intertextile, Chic, PH Value and Yarn Expo shows recorded a high turnout on March 17-19, with attendance figures of up to 88,000 visitors, a return to numbers similar to those of 2019.
Berluti unveiled its latest collection on Thursday, an unlikely blend of natty tailoring and painterly abstraction that nonetheless managed to gel very succinctly.
The house of Karl Lagerfeld has unveiled its debut eco-conscious collection with Amber Valletta, with part of the sustainably chic collection made from vegan cactus leather.
Fashion retailer Atterley.com, which counts Alexandra Shulman as an advisor, has raised £3 million through a funding round backed by Maven Capital Partners, by Scottish Enterprise and existing shareholders.
Pent-up demand to shop in a real store is simmering nicely and provides optimism for a bounceback from 12 April’s reopening. That’s the less-than-surprising view from the Springboard Footfall Monitor, released Thursday.
