Rent the Runway to cut workforce despite improving profits Rent the Runway Jason Wu – Spring-Summer2023 – Womenswear – New York – © PixelFormula The New York-based company said its second-quarter revenue totalled $76.5 million, a 64% increase year-over-year from $46.7…
China JD.com founder Liu settles U.S. rape civil suit By Reuters Billionaire Richard Liu, founder of one of China’s largest e-commerce platforms JD.com, has settled a civil suit brought by former University of Michigan student Liu Jingyao, who had accused…
Superdry links with Mobolise to attract and retain diverse creative talent Superdry Photo: Sandra Halliday Launched by MOBO founder, Kanya King, “the aim of the partnership is to ensure that Superdry is attracting and retaining diverse creative talent from a broader…
Asics invests in running events by acquiring French company Njuko Translated by Cassidy STEPHENS AsicsNikeAdidasPumaMizunoSalomonNew BalanceAltraHoka One One Asics The Japanese group has therefore developed a strategy that goes beyond product research and development, and is also banking on becoming…
Gymshark prepares to open first permanent store this weekend The big news about UK sports store openings in recent weeks may have focused on Battersea Power Station, but for GymsharkRegent Street Gymshark The 18,000 sq ft store (which took over…
Palm Angels opens first pop-up in Los Angeles Palm AngelsMaxfield Palm Angels’ store in West Hollywood, Los Angeles The store, thought to last three weeks, declines an interior reminiscent of an art gallery, all dressed in wood panel walls, raw…
Scotch & Soda launches capsule collection and bikes offer with Veloretti Dutch fashion brand Scotch & Soda is making the most of surging consumer interest in cycling and has teamed up with fellow Amsterdam-based bike company Veloretti for the launch…
The Children’s Place launches new sleepwear brand PJ Place North American children’s specialty retailer The Children’s Place The Children’s Place launches new sleepwear brand PJ Place. – The Children’s Place Dubbed ‘PJ Place’, the new sleepwear lifestyle brand launches with…
New Coco de Mer campaign stars Helena Christensen Luxe lingerie brand Coco de Mer has unveiled a new seasonal campaign with high-profile star Helena Christensen Coco de Mer The new Icons campaign is an exclusive collaboration with Christensen, as well…
Avery Dennison’s Q2 net sales up 11.7% By Fibre2Fashion Avery Dennison Corporation, a US-based materials science company specialising in the design and manufacture of a wide variety of labelling and functional materials, has reported that its net sales increased by…
