Michael Armstrong is JD Sports’ first global MD JD SportsJD Michael Armstrong – JD Sports It’s an internal promotion with group buying director Michael Armstrong stepping into the new post as the company continues its aim of becoming the “leading…
Seraphine battles headwinds in H1 but US market stays healthy British maternity-wear specialist Seraphine’s interim results have shown what the company calls its “resilience against [a] difficult economic backdrop”, although revenue fell and losses widened. Seraphine The company is pausing…
Wray opens first brick-and-mortar store in New York By Fibre2Fashion Wray, a Latinx-owned sustainable luxury fashion brand, has announced the opening of its first brick-and-mortar store in New York City as it continues to raise its first round of investment.…
Podcast: Pierre-Nicolas Hurstel of Arianee unpacks Web3 challenges facing the fashion industry Translated by Nicola Mira The new episode (in French) of the LuxurynsightXFashionNetwork podcast series hosts Pierre-Nicolas Hurstel, CEO and co-founder of Arianee, a French consortium specialised in Web3…
Oysho bets on streaming and becomes sponsor of the Queens League Oysho Translated by Roberta HERRERA The InditexOysho The brand will provide official kits and sports equipment to the players taking part in the competition – Oysho The event will…
CWF: Arkéa Capital, Raise and Dzeta Group inject 140 million in capital Translated by Cassidy STEPHENS Following the arrival of Alain Pourcelot (ex-AdidasChildren Worldwide Fashion CWF – DR According to a press release from Arkéa Capital, this refinancing will allow…
New owners prepare for Matalan takeover as founder’s final bid fails Matalan Matalan His fate was sealed as a group of the company’s lenders agreed a debt for equity swap. That move — which had been expected — comes after…
In Milan, women are bourgeois at N°21, bohemian at Etro Translated by Cassidy STEPHENS Beautiful collections, designed to subtly revamp women’s wardrobes. This is what the Milanese catwalks unveiled on Wednesday at the opening of the AW23 Fashion Week. N°21…
Canada October retail sales up 1.4% on gasoline, seen down 0.5% in November By Reuters Canadian retail sales rose by 1.4% in October from September, data showed on Tuesday, but an estimate for November indicates a 0.5% monthly decline heading…
U.S. luggage and travel accessories sales lift 16% in 2022: NPD The travel accessories market in the U.S. grew 16% year-over-year in 2022, generating $7.6 billion in 2022, according to The NPD Group Coach The travel accessories market, made up of…
