Articles by Caitlyn Terra
Shein launches philanthropic arm dedicated to uplifting sustainable communities
Chinese e-commerce giant Shein has launched the Shein Foundation, a non-profit organisation intended to “support more inclusive and sustainable communities in the areas where Shein operates". The press release also states that the foundation will consolidate all of Shein's other initiatives. The launch of the foundation comes as Shein faces...
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Primark opens first Primark Home store
Fast-fashion brand Primark is going to continue to focus on the interior segment. The originally Irish company announces that it will open the first Primark Home store. Primark’s first store, dedicated entirely to its home segment, will open in Belfast from March. The store will be over 800 square metres in size. Primark’s home offering will...
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Kantamanto market: 60 percent destroyed in fire, over 10,000 people affected
It has been more than a week and a half since the fire broke out at the second-hand market Kantamanto in Ghana and the impact is becoming increasingly clear. An inventory by non-profit organization The Or Foundation shows that more than 60 percent of the market has been destroyed and 10,000 people have been affected. The 40 percent that was not...
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Specialisation and bustle on trade fair floor: Insights from men's fashion fair Preview Men
Preview Men officially marks the start of the Dutch trade show season. With its new date at the very beginning of January, the fair now even precedes its Florentine counterpart, Pitti Uomo. “This is the new Modefabriek for menswear,” is a sentiment echoed by several visitors and exhibitors, referring to the country's long-running biannual fair....
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Daily Paper to sell New York store as it takes steps to ensure profitability
Dutch streetwear brand Daily Paper has revealed plans to divestiture its New York store, the first overseas retail location opened by the label. The process is expected to be completed in early 2025. Details of the decision were outlined in Daily Paper’s annual report for the financial year 2023/24, in which the fashion brand revealed steps to...
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After jeans controversy, famous chess player teams up with G-Star
The saga surrounding grandmaster Magnus Carlsen's jeans is continuing to unfold. The famous chess player is entering into a collaboration with G-Star Raw, the denim specialist announced on social media. At the end of 2024, Carlsen caused a stir when he wore jeans during the Rapid Chess World Championship. The dress code of the chess federation...
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Puma and textile innovator Spinnova join forces
Sports brand Puma and textile innovator Spinnova have entered into a partnership. It is a multi-year collaboration in which Puma promises to purchase materials from Spinnova. This enables Spinnova to keep the production of the materials stable. Puma will purchase Spinnova's wood fiber material and use it in future collections. This mainly...
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Zalando souhaite acquérir son concurrent About You
Zalando entend mettre la main sur le détaillant en ligne About You. L'information, confirmée par Zalando SE et la société mère d'About You, Otto Group, précise que Zalando a l'intention d'acquérir 100 % des actions d'About You au prix de 6,50 euros chacune. Actuellement, About You GmbH a 186 153 487 actions en circulation, comme indiqué sur le...
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Zalando intends to take over About You
Zalando intends to make an offer for e-tailer About You. Both Zalando SE and About You's parent company, the Otto Group, have confirmed the planned acquisition. Zalando aims to acquire 100 percent of About You's shares for 6.50 euro per share. Summary • Zalando plans to acquire 100 percent of About You's shares for €6.50 per share. • Key About...
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Foot Locker introduces a new store concept in Benelux
Sports retailer Foot Locker is rolling out a new store concept. The Reimagined store concept has been introduced at the store in the Hoog Catharijne shopping centre in Utrecht. The concept 'sets new standards for the shopping experience in modern sneaker culture', according to the press release. Worldwide, it is the third store with this concept...
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