Fashion
Cavalli has a new owner
Hussain Sajwani's investment company Vision Investments has announced that it has completed the acquisition of the Italian fashion company from the fund Clessidra
New Generation: meet Pedro Abrantes
Get to know the man behind ASPORTUGUESAS. From partnering with surfer McNamara to the participation in ModaLisboa and Portugal Fashion, learn the story of Pedro Abrantes
Missoni is preparing to go public
The Italian fashion house plans to be listed on the stock market within 3 years. No further details were revealed
Despite losses Farfetch congratulates fantastic quarter
The luxury e-commerce giant focused on several encouraging indicators when announcing the quarter results, but Farfetch continues to present an increasing net loss
Open your Mind
This is the name of a new project launched at European level with an aim to attract young talents to the Textile, Clothing, Leather and Footwear (TCLF) industries
Forever 21 files for bankruptcy
The fast fashion retailer of clothing and accessories filed for Chapter 11 bankruptcy. Forever 21 plans to close most of its stores in Asia and Europe
Skechers returns to the London Fashion Week
Skechers returned to Mercedes-Benz London Fashion Week. Male and female models walked the runways in Skechers footwear from a selection of the global brand’s stylish collections
Chilean retailers impacted by fall in Argentine tourism flow
In recent years citizens from Argentina have choosen Chile as a shopping and tourism destination taking advantage of a more open economy on the other side of the border. Now things seem to be changing
Italy: fashion industry with flat growth
2019 should be marked by growth of 0.1% for the Italian fashion industry. A performance well below the 3% average registered in the last decade
Steve Madden announces acquisition of BB Dakota
After announcing the acquisition of premium sneakers brand Greats Brand, Inc. a few days ago, Steve Madden announces another addition to their portfolio
Sonia Rykiel faces liquidation
After a restructuring process the company elected no winning bid and is now facing liquidation and will now work to close stores around the world
Asos to reduce staff
The British-based online retailer is said to be on the verge of implementing a plan to reduce its workforce, as reported by the Sunday Times a few days ago. The cuts should be made at headquarters in London
Forever 21 is exploring options
Fast-fashion chain Forever 21 is reported to be in talks with potential lenders and restructuring advisers as it analyses options for recovering from the less healthy moment
London leads opening of global luxury stores
Despite the current challenges within the UK retail market, London took the global top spot for luxury store openings in 2018, according to research from international real estate advisor Savills
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