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.
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.
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.