Roots partners with NewStore to digitally transform its omnichannel operations Canadian outdoor-lifestyle brand Roots Roots partners with NewStore to digitally transform its omnichannel operations. – Roots As part of the partnership, Roots is now using the NewStore order management and…
Nike, Adidas shoes maker Pou Chen to invest nearly $281 million in India By Reuters A subsidiary of the world’s largest maker of branded sports footwear Pou Chen will invest 23.02 billion rupees ($280.86 million) to set up a manufacturing…
Online retailer YNAP get’s fined more than $5 million By Reuters API Fashion Italy’s antitrust agency has fined online fashion retailer YOOX Net-A-Porter 5.25 million euros ($5.69 million) over misleading pricing and its returns policy, the regulator said on Friday.…
Zenkai Sports raises $1 million from strategic investors Sustainable performance apparel brand Zenkai Sports has closed a $1 million funding round. Zenkai Sports raises $1 million from strategic investors. – Zenkai Sports The funding round was led by strategic advisors…
Mango teams up with Californian brand Simon Miller to gain foothold in the U.S. Translated by Roberta HERRERA The Spanish brand is continuing to collaborate with international brands and celebrities in order to promote its range of products while positioning…
Rakuten positions itself as a platform for Japanese design in Paris Translated by Roberta HERRERA During Women’s Paris Fashion WeekYohji YamamotoIssey MiyakeSacaiComme des Garçons, but was also showcased in a dedicated space at 21 Rue des Filles du Calvaire. Organised…
BrandEd acquires Condé Nast College of Fashion and Design Experiential and professional education provider BrandEd announced on Thursday the acquisition of the Condé Nast College of Fashion and Design. BrandEd acquires Condé Nast College of Fashion and Design. – Condé Nast…
Premium is buoyant in UK, despite cost-of-living crisis – CACI Brand Dimensions report Premium Reiss In tough economic times, it’s budget brands that often prosper as consumers seek value, while luxury is also usually buoyant due to its core customers…
Alibaba beats quarterly revenue estimates as Covid curbs ease By Reuters Alibaba The e-commerce giant has weathered a weak economy in China, which only lifted its three-year zero-COVID policy in December. Revenue rose 2% to 247.76 billion yuan ($35.92 billion)…
Ant Group says no plan for IPO, focusing on business optimisation By Reuters China’s fintech giant Ant Group has no plan to initiate an initial public offering (IPO), it said on Sunday in an emailed statement to Reuters. Reuters “Ant…
