Bestseller invests in cell-based leather alternative Bestseller Bestseller It has made an investment in VitroLabs, a company that “can grow leather in just a few weeks via cultivated laboratory cells”. The Danish fashion giant said the material represents only around…
Amazon was top of the UK adspend ranking last year AmazonProcter & Gamble Reuters New figures from Nielsen cover TV, radio, press, out of home, cinema, and digital display, but not search and paid social. And while Amazon was top overall,…
ThirdLove snaps up Kit Undergarments Millennial digital underwear brand ThirdLove announced on Monday it has acquired Kit Undergarments, as the cult-favourite intimates brand relaunches with a new name under its new owner. Relaunching on Tuesday as ‘Kit Undergarments for ThirdLove’,…
Kohl’s cuts profit forecast, becomes latest retailer to warn of inflation pain By Reuters Kohl’s Reuters Walmart Inc and Target Growing evidence of four-decades high inflation seeping into the economy sparked a sell-off in retail stocks, with Kohl’s shares sinking…
Rag & Bone opens East Hampton store U.S. label Rag & Bone Rag & Bone opens East Hampton store. – Rag & Bone Located at 46 Newtown Lane East Hampton, the 3,000-square foot space introduces a twist on the label’s…
TrusTrace ‘strengthens’ clothing traceability solution, Adidas becomes early adopter Global Software as a Service (SaaS) provider TrusTrace has launched Certified Material Compliance, “a one-stop solution that enables near real-time traceability at the material level for Fashion & Apparel. TrusTrace And…
Walmart’s Flipkart raises IPO valuation target to $60-70 bln, eyes 2023 listing By Reuters Walmart’s Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, and now plans a U.S. listing in…
Amazon shareholders call for tax transparency By Reuters API Twenty-four Amazon Investors are trying to get a shareholder resolutiondemanding a new tax reporting standard brought at the company’s annual meeting this year – Reuters Investors are trying to get a…
American Eagle, Aerie step away from Carnaby plans The highly anticipated physical arrival of American Eagle and Aerie American Eagle The major US fashion brands were due to mark their entry in the UK with debuts in London’s Carnaby shopping…
NBA flagship store to open this summer in Paris Translated by Nicola Mira The NBA is setting up shop in Paris, in partnership with sport licensing specialist Fanatics. A vast store on three levels dedicated to the US professional basketball…
