U.S. secondhand market to double by 2026: ThredUp Online resale platform ThredUp launched on Tuesday the results of its 2022 ‘Resale Report’ revealing that secondhand The global secondhand apparel market will grow 127% by 2026 – more than 3 times faster…
Stitch Fix poaches Marc Jacobs exec for chief marketing role Online fashion subscription service Stitch Fix Woloshin comes to Stitch Fix from Marc Jacobs, where she served as chief marketing officer – Stitch Fix The San Francisco-based company said Woloshin…
Texworld Evolution Paris attracts 3,700 buyers in first July edition Translated by Nicola Mira The Texworld Evolution trade show was held in Paris at the Le Bourget Texworld Evolution Paris Nevertheless, international visitor numbers were on the rise this session:…
Ray-Ban maker EssilorLuxottica’s sales rise as Asia-Pacific rebounds By Reuters API EssilorLuxottica Reuters The French-Italian company, which makes OakleyRay-Ban Asia-Pacific was the group’s fastest growing region with a 22.7% revenue rise in the quarter at constant exchange rates to 761…
Los Angeles, Mr Porter launches its collection in the glory of America This Wednesday evening in Los Angeles, the temperature was ideal. 80°F. A perfect day to organize Mr Porter Mr Porter celebrates its new campaign “Mr Porter in America”,…
Nike revenue beats as Europe demand overshadows China sales slump By Reuters API Nike Nike The company’s shares rose about 1% to $111.80 after the bell and Nike also announced a new $18 billion class B stock repurchase plan. Affluent…
Portuguese textiles become international player By AFP-Relaxnews Shaken in the last 20 years by competition from Asia, Portugal’s textile industry has found its footing again and become a major player, supplying firms not just in Europe but also in the…
Puma raises revenue outlook, handling China woes better than Adidas By Reuters German sportswear maker PumaAdidas Photo – – Puma Puma said its earnings before interest and taxes (EBIT) rose 34.4% on the year to 146 million euros ($148 million),…
Versace unveils new look of Avenue Montaigne store in Paris Translated by Nicola Mira After opening two major stores in 2020, one on Rue Saint-Honoré in Paris, and the other on New Bond Street in London, VersaceMichael KorsJimmy ChooAvenue Montaigne…
Global growth headed down as inflation surge to endure By Reuters API The global economy is in the grips of a serious slowdown, with some key economies at high risk of recession and only sparse meaningful cooling in inflation over…
