China's top e-commerce platform Alibaba Group Holding Ltd on Thursday posted its first quarterly operating loss since going public in 2014 due to a record anti-monopoly fine by the country's market regulator.
The health situation makes it impossible to hold a physical event in acceptable circumstances, said the organisers of Frankfurt Fashion Week, who are launching a replacement digital edition called FFW Studio.
Italy's Tod’s could further strengthen its ties with LVMH but there are no ongoing talks and no decision has been made, a top Tod’s executive said after the French giant increased its stake in the group.
Italian fashion group OTB has added two new members to its board of directors. They are Arabella Ferrari of Intercos and Carlo Purassanta of Microsoft, who will contribute their know-how in the beauty and IT sectors.
Canada Goose Holdings Inc on Thursday forecast annual revenue above C$1 billion for the first time, after surging online sales and strong Chinese demand helped the apparel maker post a surprise profit.
UK premium sneaker and streetwear specialist Kick Game has a double celebration, it opened its first store outside London in Birmingham and signed rapper and entrepreneur Fredo to a multi-million pound promotion deal.
A growing number of fashion brands and retailers are switching from traditional clearance channels to its premium e-commerce marketplace for fashion and beauty, Secret Sales claims after its first year in business.
Natura & Co, the Brazil-based owner of The Body Shop, Avon and Aesop, said it saw another quarter of double-digit revenue growth in Q1, easily beating the wider global Cosmetics, Fragrance, and Toiletries market.
The last year has been a bruising one for many and Burberry’s results for FY21 have illustrated that perfectly, But they also show how it has learned to navigate the pandemic and is bouncing back strongly.
The iconic Brazilian flipflop brand has made its first foray into NFTs with the São Paulo-born, Los Angeles-based artist, who has created five digital art pieces commemorating his relationship with the company.
Estée Lauder Companies announced on Tuesday the appointment of Meridith Webster who will join the company in the newly-created role of executive vice president, global communications and public affairs.