Articles by Don-Alvin Adegeest
Outfitter Herno pledges to go fur free
Feb 3, 2023 - Fashion
Italian outerwear brand Herno has pledged to go fur free. In a statement on the company’s Twitter account, Herno said “in line with the stylistic choice already announced last year, Herno confirms that is has joined the Fur Free Retailer International Standard.” The collection exhibited at Pitti Uomo in January adhered to its new fur-free...
Nike and Tiffany paring not so legendary, as collab faces backlash
Feb 3, 2023 - Fashion
Tiffany and Nike have launched a new collaboration. Not everyone is enthralled. LVMH has invested heavily in the marketing activations of Tiffany, the American jewellery business it acquired in 2021, in order to give it a modern and international allure. Tiffany’s Executive Vice President of Products and Communication, Alexandre Arnault, son of...
In Big Tech earnings week, Facebook gets a boost
Feb 2, 2023 - Business
Investors in Meta saw their stock boosted by 25 percent, as the social media giant posted higher than expected earnings in the fourth quarter of 2022. The parent company to Facebook, Instagram and Whatsapp, said it focused on productivity, streamlining and efficiency, adding nearly 80 billion dollars to its market value. But the operational...
Inditex expands its return fee to home market
Feb 2, 2023 - Retail
Zara parent Inditex since May has been charging online shoppers in select regions for returning unwanted items. On Thursday the group said it would expand the charge to its home base of Spain, one of its core markets. A fee of 1,95 euros will be deducted from a processed refund, unless goods are dropped off at a physical store. The cost of...
UK watchdog launches investigation into Richemont's sale of YNAP to Farfetch
Feb 1, 2023 - Business
The UK’s Competition and Markets Authority (CMA) launched a probe into Richemont’s sale of e-commerce businesses Yoox Net-a-Porter (YNAP) to Farfetch, and if they may pose unfair competition. The CMA has invited comments on the transaction from any interested party, as it takes a deep dive into the merger situations, which is regulated by the...
Nike sues Lululemon over alleged patent infringements
Feb 1, 2023 - Business
Nike is claiming Canadian athleisure giant Lululemon is infringing patents related to the use of textile and other structural designs of its footwear. Nike alleges Lululemon’s Blissfeel, Chargfeel and Strongfeel sneakers are violating copyright and infringing its patents of its Flyknit technology. Nike, which is seeking an undisclosed sum in...
Global market for pet fashion is growing
Jan 31, 2023 - Fashion
Chihuahuas in tuxedos, dachshunds in sweaters, garments for pets are in high demand. In terms of numbers, the market for petwear is forecast to reach 6.3 billion dollars by 2028, rising at a market growth of 4 percent, CAGR. This is but one small aspect of the global market for pet product, which is set to reach 36.89 billion dollars by 2025,...
Marcelo Claure as Chairman of Shein Latin America
Jan 31, 2023 - People
Shein, the Chinese fast fashion e-tailer, is eyeing growth in Latin America, and on Tuesday announced Marcelo Claure as the region’s chairman. Mr Claure will oversee the company's Latin American strategy and stakeholder affairs in Latin America, working closely with Shein’s management team, and will manage an investment of 100 million dollars....
Chanel's le19M to host three-month long exhibition in Dakar, Senegal
Jan 31, 2023 - Culture
After Chanel showed its Métiers d’Art collection in Senegal’s capital city in December, the Maison’s craftsmanship hub, le19M, is launching a three-month international programme in Dakar. In a statement le19M said the entire country of Senegal is replete with artisanal expertise, a heritage to which le19M is particularly sensitive. In...
The slip-on shoe trend is here to stay
Jan 31, 2023 - Fashion
Ever since adidas’ Adilette sliders made their way from the pool to the street in the early 2000s, slip-on shoes have been having a moment. Arguably not the most comfortable slider with its spiky soles, they were designed in the 1960s to be a transitional item for athletes, most important was the element of being waterproof, so they could be...