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Mango invests in The Post Fiber, to incorporate recycled fibres into collections

Spanish fashion giant Mango has stepped in as the “first major brand” to invest in The Post Fiber. The start-up manages and recycles post-consumer textile waste to be used in the production of new fibres for the creation of garments. Made via Mango StartUp Studio, the brand’s start-up accelerator, the funding intends to contribute to Mango’s...

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Lululemon accuses Costco of IP infringement in new lawsuit

Lululemon has filed a lawsuit against Costco Wholesale Corp. accusing the wholesale retailer of infringing on its intellectual property (IP). According to the Canadian sportswear giant, Costco is selling knockoffs of six of its signature products, including its Scuba hoodies and sweatshirts and ABC pants. In the 49-page lawsuit, filed with a...

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Joor introduces 'Ready-to-Ship Style' for in-season buying and tariff mitigation

In a strategic move to align with the rapid demands of contemporary retail, fashion tech innovator Joor has unveiled "Ready-To-Ship Style," a new digital trade show. Launched today on Joor’s virtual marketplace, Passport, this event aims to connect retailers with immediate inventory from 145 premium brands, including Blumarine, Farm Rio, and...

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The Studio proposes new collaboration model between investors and agencies for international growth

In a context where brand culture is built from both narrative and operational structure, the traditional model of collaboration between brands and agencies appears to be falling short. London-based investment firm The Equity Studio, specialising in beauty, wellness and lifestyle brands, joined forces with The Studio, a platform integrating...

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Bravissimo pauses online orders following warehouse fire

Lingerie brand Bravissimo has temporarily paused its online and over the phone orders after experiencing a warehouse fire. In a statement on its Instagram page, the label said that whilst the fire was “extinguished quickly, the impact is very complex”. The company continued: “Most importantly our teams are all safe, however we do now need to...

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Asda aims to overtake Primark as it doubles down on fashion

Supermarket giant Asda wishes to take over Primark in the realm of fashion retail, with its clothing division now said to be leading its ongoing turnaround plan. Speaking to The Telegraph, Liz Evans, the managing director of Asda’s clothing brand George, said the company’s “long-term goal” was to challenge budget retailer Primark's leading...

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Skechers secures FTC approval for takeover, faces lawsuit from investor

Footwear brand Skechers has received antitrust clearance from the US’ Federal Trade Commission (FTC) for its privatisation deal with 3G Capital. The global investment firm announced its proposed 9.4 billion dollar takeover of Skechers in early May, at which time it had already secured approval for the transaction by the brand’s board of...

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Clarks announces strategic overhaul after challenging 2024

C&J Clark Limited, the parent company of the iconic footwear brand Clarks, navigated a challenging and transitional year in 2024, marked by leadership changes and a complex global economic environment. The company reported a statutory turnover of 901.3 million pounds, a 9.4 percent decrease from the previous year, and a loss after tax of 39.3...

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Shein to reportedly confidentially file for Hong Kong IPO

Fast fashion giant Shein is believed to be planning to confidentially file a draft prospectus for a Hong Kong IPO. This is according to three sources for Reuters, one of which said the filing could be submitted as soon as this week. Two sources said that, if approved, Shein’s intention to file confidentially would be a waiver of one of the main...

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From Scandinavia to the world: NN.07 scales with precision and purpose

2024 was a big year for NN.07. The Danish brand celebrated record financial results, expansion in global markets and increased demand elsewhere. Now, half way into 2025, its team is continuing to grow with intention, taking a thought-out approach as to where they will take their next step. “The primary thing is that we stay true to our long-term...

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Is New Look going up for sale?

A new report has emerged suggesting British retail giant New Look could soon be up for sale. According to Sky News, the clothing retailer’s owners, Alcentra and Brait, alongside New Look’s management, are reviewing options with advisors that could lead to the auctioning off of the business. The media outlet said that New Look is looking into...

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Nike shares up, Adidas and Puma rise too

The US stock market reacted positively to Nike, which also gave the shares of the two German competitors Adidas and Puma a boost on Friday. Nike’s shares rose by almost 10 percent in pre-market trading in the US. In regular trading, this would mean the highest level in more than three months. Adidas’ shares rose by 3.8 percent to 199.40 euros,...