Magic Las Vegas returns August 8 Trade shows MagicProject Magic Informa Markets Fashion, organizer of the three co-location events, has revealed a celebrity-packed and trend-focused agenda for its next edition slated to be held at the Las Vegas Convention Center,…
Nordstrom adopts ‘poison pill’ days after Mexican peer buys stake By Reuters Nordstromhas adopted a “poison pill” to prevent investors from amassing 10% or more of its shares, the company said on Tuesday, just days after a Mexican retailer built…
Michael Jordan ‘Last Dance’ jersey sells for $10.1 mn By AFP-Relaxnews A jersey worn by basketball legend Michael JordanSotheby’s AFP The iconic red Chicago Bulls jersey, with Jordan’s number 23 on the back, went for the highest amount of any…
Bangladesh garment export growth seen slowing to ‘normal’ 15% this year By Reuters Growth in Bangladesh’s garment exports could drop to about 15% this year after an unusually strong expansion of more than 30% in 2021, two industry leaders told…
Depop CEO Maria Raga to step down, Etsy’s Kruti Patel Goyal is new chief executive Fashion resale marketplace Depop said on Wednesday that its CEO Maria Raga is to exit the firm, with Kruti Patel Goyal, the chief product officer…
Athleta goes for resale, opens outlet storefront on Shop Premium Outlets U.S. activewear brand AthletaPremiumOutlets Facebook: Athleta Dubbed ‘Always Athleta’, the trial-phase program will see randomly selected Athleta customers gain access to the resale platform when visiting Athleta.com. Here, customers can…
Ecopel buys Spanish faux-fur specialist Silmatex, looks to USA Translated by Nicola Mira Franco-Chinese faux-fur specialist Ecopel has recently acquired a stake in Silmatex, Spain’s remaining local faux-fur producer, having taken over French manufacturer Peltex in 2019. Ecopel is also…
Arena celebrates 50th anniversary with record results Translated by Nicola Mira International swimwear brand Arena Arena In 2022, Arena generated the stand-out revenue figure of €141 million, up 45% over the €97 million recorded in 2021, and up 13% on…
New Zalando campaign stars Paloma Elsesser ZalandoMake Your Own Moment, it celebrates “personal fashion moments that bring joy in everyday life”. Zalando The supermodel and body acceptance advocate is joined by actress and model sister Ama, as well as Austrian…
Franchise Group mulls lowering bid for Kohl’s closer to $50 per share By Reuters Franchise Group is considering lowering its bid for department store chain Kohl’s Reuters Shares in Kohl’s fell more than 10% after the report. Franchise is considering…
