Former Amazon India seller says antitrust raid illegally detained employees By Reuters A former top seller for Amazon Reuters Cloudtail, among a handful of online sellers raided in an investigation of Amazon and Walmart’s Flipkart over suspected preferential treatment on…
French start-up Ever Dye wins Andam’s Innovation Prize 2022 Translated by Nicola Mira In 2017, a new category, aimed at recognising technology solutions designed to make the fashion industry more sustainable, was added to AndamEver Shutterstock Founded in the Ile-de-France…
Desigual strengthens its business in China with a joint venture Translated by Roberta HERRERA The Spanish fashion company is looking to grow in the Asian market. In order to expand its online business in China, the company led by Thomas…
Boohoo agrees final settlement of U.S. class action lawsuit By Reuters API Boohoo Reuters The group, which sells clothing, shoes, accessories and beauty products aimed at 16 to 40-year olds, had agreed terms for a preliminary settlement of the action…
Esprit plans Asia comeback as it focuses on higher quality, slower fashion Recovering fashion retailer Esprit Esprit That’s according to CEO William Pak who, in an interview with Bloomberg Television, said the firm that the firm’s output is also more…
Christopher Bates launches Top Gun-inspired collection Canadian fashion designer Christopher Bates announced on Monday the launch of a Top Gun-inspired capsule collection created in collaboration with Paramount Consumer Products. Christopher Bates launches Top Gun inspired collection. – Christopher Bates The…
Mike Ashley’s Frasers ramps up stake in Asos By Reuters API UK businessman Mike AshleyAsos Topshop/Topman The billionaire’s sportswear and fashion retail company, Frasers Group Plc, notified Asos on Friday that it had become a significant shareholder in the company, the…
Scalpers’ sale on hold due to global economic uncertainty Translated by Roberta HERRERA Scalpers has put its sale on hold. After having commissioned investment bank Arcano Partners earlier this year the sale of its majority stake, Jaime Bergel and Pedro…
Amazon predicts sales growth slowdown for holidays, crushing shares By Reuters Amazon Reuters Amazon’s 12% extended-trade stock drop erased about $140 billion in its market capitalization, greater than the entire value of companies such as Morgan Stanley For months, the…
Designer Brands sales lift on strong comps, D2C and wholesale Designer Brands Inc. announced on Wednesday revenues for the second quarter ending July 30 increased by more than 5%, on the back of continued strength in the company’s direct-to-consumer and wholesale…
