Denim brand Replay closed the 2019 financial year with a 10.3 percent growth in turnover to 262.3 million euros, against a 2018 figure of 237.9 million euros, as well as a 30 percent increase in EBITDA compared to the previous year, with an absolute value of 28 million euros, 11 percent of turnover. […]

From 20th to 26th April, Fashion Revolution Week will be held again worldwide to raise awareness for those who made our clothes and under what conditions. Established in 2014 after the Rana Plaza disaster, this year it is particularly important to remember and take action, because in the wake of the […]

American Eagle Outfitters, Inc. has appointed Mike Mathias as Executive Vice President and Chief Financial Officer, effective immediately, replacing Bob Madore, AEO’s current CFO, who is leaving the company. The company said in a statement hat Madore will remain with AEO in a senior advisory role reporting […]

Wolverine Worldwide, Inc. has announced the appointment of Chris Hufnagel, Joelle Grunberg and Tom Kennedy to the company’s executive leadership team. The company said in a statement that each will now be responsible for multiple brands within the company’s diverse portfolio, and report directly to […]

Fashion production is beginning to restart in Italy as the country slowly begins to lift coronavirus restrictions. The company has signed an agreement with trade unions to reopen Gucci ArtLab on April 20. ArtLab is home to Gucci's leather goods and prototype productions. “Since the beginning of this […]

As France extended its lockdown and store closures until 11 May, there may be a silver lining for luxury brands who are seeing revenue bounce back in China. LVMH, which last week said its second quarter would also be severely affected by the crisis, saw sales up 50 percent at Louis Vuitton stores in […]

INTERVIEW Without a doubt, much has changed when it comes to the fashion industry's acceptance of certified raw materials such as sustainable cotton and cashmere. While initially considered ‘nice to have’, sustainable materials are now a must for many fashion companies. At the end of January, the Aid […]

Tmall Global is expanding its efforts to help international brands reach China, with the aim of adding 1,000 new brands onto its e-commerce platform in the coming 12 months. The brand-incubation plan, announced through Tmall Global’s Global Partners Summit, is supported by a pledge of 200 billion US […]

Fast-fashion retailer Primark has agreed to pay more to suppliers, releasing a statement saying it will agree to take more than 300 million pounds of additional products both finished and in production. The commitment will see Primark paying for some 370 million pounds of additional orders for product […]

In its interim report to March 31, 2020, Kinnevik said NAV of 64.9 billion Swedish krona, declined 8.4 billion Swedish krona or 11 percent in the quarter, driven primarily by a 20 percent drop in the value of our Zalando investment, corresponding to 6.2 billion Swedish krona. Net debt position stood […]

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