The Bestseller group’s founder has bought a 10.1% stake, via his holding company Heartland, in the company owned by Israeli group Fox. Previously, Povlsen had bought stakes in Asos and German fashion e-tailer About You.
From 25 to 27 June, during Paris Fashion Week Men's, the Tranoï trade show will run at the Palais de Tokyo. The event will feature 22 brands presenting their latest menswear offerings and women's pre-collections.
Florence-based trade show Pitti Uomo will be one of the first to relaunch its physical show, from June 30 to July 2, albeit in a reduced format and with safety measures. It expects up to 8,000 buyers and over 300 brands.
Originally planned for August, the trade shows have been postponed to fall, with the Portland edition now set to run September 29 through 30, while the Boston event will take place October 4 through 5.