Shein hosts Design Summit for aspiring designers and artists Online fast-fashion retailer Shein Shein hosts Design Summit for aspiring designers and artists. – Shein The day-long summit featured designer-dedicated programming and networking opportunities, including panels with LaQuan SmithLaura KimMonse and Josephine Skriver,…
WHP Global invests $260 million into Express WHP Global has invested a total of $260 million into the fashion retail chain Express WHP Global invests $260M into Express. – WHP Global As part of the deal, WHP will invest $235…
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…
China’s Shein reportedly set to raise $2 bln, eyes US IPO later this year By Reuters Chinese online fashion retailer Shein UAE’s sovereign wealth fund Mubadala is a major investor in this round as are existing investors, private equity firm…
Jacob Cohën appoints Matthew Adams Dolan as head of women’s collections Translated by Cassidy STEPHENS Jacob Cohën has entrusted its women’s collections to Matthew Adams Dolan. The Italian premium denim specialist, which has been investing in its women’s line for…
Kontoor Brands finishes 2022 strong with Q4 earnings, sales uptick Kontoor Brands announced on Tuesday a strong finish in 2022, with fourth-quarter sales and earnings lifting on the back of surging U.S. sales and gains in the company’s Wrangler The…
Under Armour boosts profit forecast as discounts spur demand By Reuters Under Armour Under Armour Increased promotions offered during the all-important holiday season encouraged customers to look past recession worries and stock up on its athletic shoes and hoodies. Steep…
69% US consumers willing to pay more for sustainable products By Fibre2Fashion Consumers in the US remain invested in eco-conscious practices, according to a survey from Blue Yonder, a digital supply chain company. The results show that an impressive 69%…
Tendam to propose a further capital reduction of 17 million euros to its shareholders Translated by Roberta HERRERA Tendam is working on a new capital reduction amounting to 17 million euros. To this end, the board of directors of Tendam…
Ralph Lauren launches Cradle to Cradle certified sweater, recycling program Ralph Lauren Ralph Lauren launches Cradle to Cradle certified sweater, recycling program. – Ralph Lauren The crewneck sweater launches through Ralph Lauren’s Men’s Purple Label and Women’s Collection brands, and…
