DressX raises 15 million USD in latest round of funding The fashion may be virtual at DressX, but the funds to fuel its growth is cold hard cash, aka physical legal tender. Founders Daria Shapovalova, CEO, and Natalia Modenova, COO,…
With F.lli Cerruti, Gruppo Piacenza wants to become a pole of reference in luxury woollen textiles Translated by Cassidy STEPHENS Gruppo Piacenza is more than ever the specialist in high-end woollen textiles. With its ancestral know-how dating back to 1733,…
Saysh inks $8 million investment from Gap’s Athleta, other investors Lifestyle brand Saysh announced on Friday it has inked $8 million in its latest Series A funding round, led by GapAthleta Saysh Co-founded by Olympian Allyson Felix and her brother…
Caught between inflation and rising costs, fashion seeks to strike new balance Translated by Nicola Mira Fashion labels are caught in a vicious pincer hold. Hit by global supply chain disruption and huge logistics issues in the wake of the…
Russians flock to H&M as fashion retailer opens stores to sell inventory By Reuters A long queue of Russians snaked through a Moscow shopping centre on Tuesday, waiting to get into H&M H&M Scores of consumer brands suspended operations in…
Esprit names new chief brand officer Esprit Ana Andjelic – Esprit Based in the fashion brand’s New York office, Andjelic will be tasked with redefining the brand’s new identity and leading the global creative and design hub in New York. Andjelic…
In The Style making progress in strategic plans, trading update shows Digital women’s fashion brand In The Style Group issued a positive trading update Friday ahead of its AGM, having made “significant progress” against several of its strategic priorities, “to increase…
Uniqlo sales fall in June but underlying picture is strong Fast RetailingUniqlo Uniqlo This time, the company said that “same-store sales declined sharply year on year in June as our decision to bring the start of the Uniqlo anniversary sale…
Paloma Wool opens a pop-up store in Los Angeles Paloma Wool, the art and fashion project founded by Barcelona designer and photographer, Paloma Lanna, has unveiled its collections for the first time in Los Angeles in a pop-up organized in…
Del Vecchio rose from poverty to billions by adding style to spectacles By Reuters API Businessman Leonardo del VecchioRay-Ban Del Vecchio At the end of 2021, he was Italy’s second richest man, behind only Giovanni Ferrero of the Nutella-making group,…
