Inditex to restart operations in Russia “as soon as possible” By EFE Translated by Nicola Mira On Wednesday, Óscar García Maceiras, CEO of Inditex Archive image – Fashion Network Maceiras was visiting the University of A Coruña, Spain, where he…
French start-up Ever Dye wins Andam’s Innovation Prize 2022 Translated by Nicola Mira In 2017, a new category, aimed at recognising technology solutions designed to make the fashion industry more sustainable, was added to AndamEver Shutterstock Founded in the Ile-de-France…
A.K.A Brands sales up 116% on U.S. revenues, Culture Kings weighs in A.K.A. Brands announced on Tuesday net sales grew 116% during the first quarter, a surge impacted by the acquisition of Australian streetwear retailer Culture Kings, which added $48.9 million…
Ted Baker has had two offers from Sycamore, rejected both Ted Baker The UK fashion retailer is in the sights of the American private equity giant, which offered 130p for each Ted Baker share on March 18 and submitted a…
Sports Direct opens second concept flagship with £10m Birmingham debut Sports Direct Sports Direct The company said that the concept space will “supercharge the next generation of British retail”. And it added that spearheaded by new chief executive Michael Murray,…
Aritzia Q1 sales, earnings surge Canadian fashion retailer Aritzia Inc. announced on Thursday a 65% surge in net revenues for the first quarter, on the back of strong growth across all channels and geographies. Aritzia The Vancouver-based company said net…
Esprit flags return to profitability, adds to leadership team Esprit From left to right: Product chief Sang Langill, CFO Brian Wong, CEO William Pak, digital/marketing chief Larry Luk, and company chair Christin Chiu – ESPRIT While the two periods aren’t…
JD.com posts quarterly loss as costs rise, revenue growth slows By Reuters API JD Reuters The slowdown in the world’s second-largest economy has taken a toll on its e-commerce sector, as consumers cut back on discretionary spending. Last month, rival…
Karl Lagerfeld CEO Pier Paolo Righi on sustainability and family values To paraphrase Tolstoy’s famed opening line, sustainable companies are all alike, but anti-sustainable companies are very different in their own way. Case in point, the house of Karl Lagerfeld…
Reliance to bring Gap to India in latest retail bet By Reuters Reliance, India’s largest retailer, said on Wednesday it has partnered with Gap Under a long-term franchise agreement, Reliance will sell Gap merchandise through a mix of exclusive brand…
