The online fashion startup strengthens its marketing division with the acquisition of the company CuriosityChina, an agency specialized in amplifying premium and luxury brands through digital platforms in China. The London-based firm seeks to strengthen its commitment to new technologies while raising […]

VF Corporation, for its first quarter ended June 30, 2018, reported revenue increase of 23 percent or 21 percent in constant dollars to 2.8 billion dollars, including a 249 million dollars revenue contribution from the Williamson-Dickie, Icebreaker and Altra acquisitions. Excluding acquisitions, the […]

London-based luxury marketplace Farfetch has announced the acquisition of Chinese digital marketing agency CuriosityChina. The operation reflects Farfetch’s plans to boost its presence in the Chinese market even more, after JD.com invested 397 million US dollars in the company last year. "This acquisition […]

Kinnevik’s NAV increased by 3 percent to 96.4 billion Swedish krona (10.8 billion dollars), or 350 Swedish krona (39.3 dollars) per share, in the second quarter, which the company said, was driven mainly by a positive development in Zalando and Tele2. The value of its private assets increased slightly […]

The luxury fashion designer, Diane von Furstenberg, is the latest name in fashion to ban mohair from future collections, according to a statement by animal rights organization PETA. More than 240 apparel companies -- including H&M, Gap, Inditex and Asos -- have pledged to stop using the material since […]

Heartland A/S, the investment company owned by Besteller A/S, has acquired a double-digit stake in the German e-commerce platform About You GmbH. The investment is part of a financing round of around 300 million US dollars (approximately 230 million pounds or 227 million euros). About You was founded […]

OPINION Another fashion company that intentionally destroys its goods: Burberry announced in its current annual report that it destroyed finished goods worth 28.6 million pounds (32 million euros) in the financial year 2017/18. Destroying one's own products is a desperate step, but above all, it shows […]

London-based Worn Again Technologies has hit its 5 million pounds investment target to accelerate its trail-blazing polymer recycling technology, which aims to crack the code on the circularity of raw materials for the textiles and apparel industry. The cash injection has come from a number of investors, […]

Swatch, the world's top watchmaker, on Wednesday announced an all-time record in half-year sales, saying it has millennials to thank for bringing wristwatches back. Swatch is best known for its brightly coloured plastic-cased watches, but also owns several luxury brands including Breguet and Omega. […]

At the Annual General Meeting (AGM) held at its headquarters in Arteixo, Inditex Chairman and CEO Pablo Isla highlighted the company’s integrated stores and online model which has enabled “sustained growth over the years”. "All of Inditex’s brands benefit from a robust integrated store and online platform. […]