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,…
M&S sales growth continues, but it warns of tough year to come M&S Photo: Sandra Halliday While adjusted pre-tax profits were down, reported pre-tax profit rose, but it warned full-year profit would come in lower than the previous period on…
Odlo and Monte Rosa Sport: Nike’s vice-president Daniel Eppler, will be next general manager Translated by Cassidy STEPHENS After five years as Odlo Daniel Eppler – DR The new CEO will remain in his current role until the end of…
Victor Capital sells PrimaLoft to Compass Diversified Translated by Roberta HERRERA Primaloft, the nearly 40-year-old thermal insulation material specialist, has been acquired by the American group Compass Diversified, also known as Codi. The American holding group has already invested in…
Walmart to charge some suppliers new fuel and pickup fees By Reuters Walmart Inc will charge some of its suppliers from next month new fees to transport goods to its warehouses and stores in response to rising fuel and transportation…
Skechers opens flagship store in Madrid’s Gran Vía Translated by Roberta HERRERA The American footwear company Skechers New Skechers store on Gran Vía in Madrid – Skechers “Skechers has always achieved an excellent growth rate in the Spanish market. In…
