The Broomfield, Colorado-based footwear company has taken the first major step toward its target of having net zero emissions with the launch of a bio-based version of its Croslite material, set to hit shelves in 2022.
The minimalist beauty brand launched by Who What Wear co-founder Katherine Power earlier this year has announced that it has completed a $20 million Series A funding round led by LVMH-backed L Catterton.
The group born of the merger between communication agency Karla Otto and events company K2 has bought a majority stake in the famous Parisian production house, for 30 years the brains behind fashion’s top catwalk shows.
Open for Vintage is also open to new funding. The luxury pre-owned website has launched a £1.5 million capital raise, including a public crowdfunding campaign, to help drive new consumers to the site in the UK and US.
When the world's two biggest fashion groups unveil quarterly sales figures on Wednesday, Inditex is seen back at pre-pandemic levels as stores reopen and people renew their wardrobe, while H&M still has some way to go.
Italian ‘buy now, pay later’ specialist Scalapay has completed a funding round worth €131 million ($150 million), that will enable the company to bolster its personnel growth and international expansion plans.
The California-based company specialized in digital-native fashion brands targeting millennial and Gen-Z consumers has set the terms of its New York IPO, revealing that it expects to raise up to $263.9 million.
Safilo's shares rose more than 14% on Monday after the Italian eyewear group signed a multi-year licensing deal with Chiara Ferragni to design, make and distribute the first eyewear collection under her brand.
Chiara Ferragni is one of the biggest influencers globally and now Safilo is set to tap into that with the eyewear giant having signed a new deal with the blogger-turned-entrepreneur. Its her first move in eyewear.
A trading update from Primark showed the value fashion retailer is on the recovery trail, with profit up on a year ago and strong Q3 like-for-like sales, although Q4 reversed some of that gain due to new restrictions.
Rising supply chain costs are pushing fashion brands to hike prices but, according to a new report from GlobalData, significant increases could drive customers away as the critical holiday period approaches.