CMA investigates ASOS, Boohoo, Asda over green fashion claims The UK’s Competition and Markets Authority (CMA) is targeting fashion labels that might be indulging in ‘greenwashing’ and the first ones to be targeted are ASOS, BoohooAsda Image: Pexels The body…
Streetwear brand Neoity reveals its new store in Los Angeles At 702 Traction Avenue, in the heart of the Arts District in Los Angeles, a new streetwear brand Neoity opened at the beginning of the summer. Neoity opens its first…
Gym+Coffee gets €17m new investment for UK, Europe growth Gym+Coffee, the fast-growing Irish athleisure brand, has raised an extra €17 million in new funding in a round led by Castlegate Investments. The Gym+Coffee team The new cash will allow it…
Farm Rio opens its second location in the United States, in Los Angeles Founded by Katia Barros and Marcello Bastos in 1997, and since 2010 attached to the Brazilian group Grupo Soma which includes the brands of ready-to-wear Hering, Animale,…
U.S. Black Friday online sales hit record $9 bln despite high inflation: Adobe By Reuters U.S. shoppers spent a record $9.12 billion online this Black Friday, a report showed on Saturday, as consumers weathered the squeeze from high inflation and…
ASOS in talks to boost finances, is confident of good result ASOS has moved to reassure the markets following reports about its financial situation and issued a statement at the weekend that it repeated in a stock exchange release on…
French inventory-pooling platform Stockly raises €12 million Translated by Nicola Mira Stockly, the French digital platform that helps e-tailers pool and share inventory to avoid stock-outs, has announced it has raised €12 million in capital. Stockly will use the funding…
Designer Brands inks footwear licensing deal with Le Tigre Designer Brands on Tuesday announced an investment in and licensing agreement with Le Tigre 360 Global, operator of Le Tigre, as the footwear firm looks to build upon its portfolio and double…
Aeffe incorporates its lingerie producer Velmar Translated by Nicola Mira AeffeMoschinoAlberta FerrettiLorenzo SerafiniPollini Velmar notably produces lingerie for Moschino – © PixelFormula The incorporation is part of “the group’s rationalisation and reorganisation process, aimed at greater efficiency in the management…
Womenswear shows: 10 summer 2023 trends, between optimism and concern Translated by Nicola Mira Two strong, contrasting trends have been brought to the fore by the fashion weeks presenting the women’s ready-to-wear collections for Spring/Summer 2023. On the one hand,…
