Fashion
Shein launches EMEA headquarters in Dublin
The Chinese-based fast fashion retailer has launched its Europe, Middle East and Africa (EMEA) headquarters in Dublin City Centre, Ireland, where it plans to fill 30 roles by the end of 2023
Hugo Boss raises full year outlook
The German-based fashion group has raised its forecast for the current financial year on the back of strong results recorded in the first quarter of 2023, in which its sales rose by 25% year-on-year
Zalando launches virtual fitting room pilot
The German-based e-tailer is piloting a virtual fitting room experience with millions of customers across its 25 markets to better understand how they engage with this new technology
Primark posts strong first half
The fashion retailer, owned by Associated British Foods, reported that in the 24 weeks to March 2023, its revenue increased by 19%, as compared to the same period last year
Repair Rebels: making repairing the new normal for every fashion consumer
We spoke with the founder of the German start-up Repair Rebels, Monika Hauck, who seeks to revolutionize the entire mindset of the fashion industry by reminding us that pieces worth wearing are always worth repairing
LVMH announces first quarter results
The luxury group has reported a revenue growth of 17% (also organically) in the first quarter of 2023 to 21.04 billion euros, year-over-year, highlighting the rebound experienced in China
Asos adds two non-executive directors to the Board
The UK-based fashion retailer has named Natasja Laheij and Jose Manuel Martinéz Gutiérrez as independent non-executive directors to its board of directors, effective as of the 11th of April
PVH Corp reports better-than-expected fourth quarter results
The US-based group has reported a fourth quarter revenue growth of 2% in 2022, year-over-year, driven by the performances of its Tommy Hilfiger and Calvin Klein brands
Inditex signs deal to support the expansion of regenerative agricultural systems
The Spanish-based fashion group has signed a 15 million euros agreement with Conservation International to support the expansion of its Regenerative Fund for Nature, launched jointly with Kering in 2021
Capri Holdings appoints Mahesh Madhavan to the Board of Directors
The owner of Versace, Michael Kors and Jimmy Choo has appointed the Chief Executive Officer (CEO) of Bacardi to its Board of Directors, effective from the past 30th of March
H&M reports a sales increase
The Sweden-based group reported a net sales growth of 12% in the three months to the 28th of February, as compared to the same period of last year, but March sales were below expectations
Next buys Cath Kidston
The UK-based retailer has acquired the fashion brand Cath Kidston from the administration for 8.5 million British pounds. The deal includes the brand's name and intellectual property, but not its four shops
Bluestar Alliance rescues Scotch & Soda
The US-based brand management company has announced the acquisition of the Amsterdam-based brand, just days after Scotch & Soda declared bankruptcy for its Dutch operations due to “severe cash flow problems”
Inditex posts strong yearly performance
The Spanish-based fashion group, owner of Zara and Stradivarius, among others, reported a sales growth of 17.5% in 2022, as compared to the prior year, reaching 32.6 billion euros
Farfetch's CFO to step down by the end of 2023
The luxury e-tailer has announced that Elliot Jordan will step down from his role as Chief Financial Officer by the end of 2023. Meanwhile, Farfetch will initiate the search for a successor-
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