Spanish fashion brand Mango is discontinuing its plus-size Violeta range and will instead integrate its larger sizes into its existing Mango womenswear range. Over the next six months, the company will work to integrate Violeta into Mango Woman, which will now span up to size 54. The news was first […]

The owners of British online retailer The Very Group are reportedly mulling an IPO that could value the business at 3 billion pounds. The Barclay family is in the early stages of deciding whether to take the group public amid soaring investor interest in online retailers, Sky News reports. The Very […]

British footwear brand Dr Martens has confirmed plans to float on the London Stock Exchange. The company had already said it was “considering” a floatation, but on Monday confirmed the news in a statement. An offer price for the shares was not disclosed. Dr Martens plans London Stock Exhange IPO The […]

The joint administrators of Jaeger have announced that 233 jobs will be lost at the fashion retailer following the completion of its acquisition by Marks & Spencer. Advisory firm FRP announced Friday that it has secured a deal for the sale of the stock and supporting marketing assets of the Jaeger brand […]

The UK’s economy shrank by as much as 2.6 percent in November as the nation’s industries were hit hard by yet more lockdowns. According to The Office for National Statistics (ONS), November GDP fell back to 8.5 percent below the pre-pandemic levels seen in February 2020 compared with 6.1 percent below […]

H&M Group has announced that Andreas Eriksson, the company’s head of media relations, will take on the position of communications director. Eriksson has previously held roles as communications director at UNICEF Sweden and managing director at Patriksson Group. He will be replacing Kristina Stenvinkel, […]

JD Sports and Authentic Brands could reportedly team up to acquire Topshop, the flagship brand of the collapsed Arcadia Group. UK sportswear retailer JD Sports and Authentic Brands, the US owner of Forever 21 and iconic department store chain Barneys, are in the early stages of talks over a joint bid […]

Express has secured a further 140 million dollars in financing to help bolster its liquidity. The fashion retailer has entered into a definitive loan agreement with Sycamore Partners as lead lender, along with Wells Fargo and Bank of America Merrill Lynch. The new financing includes a 90 million dollar […]

Canadian womenswear brand Aritzia has reported a slight increase in revenue in the third quarter of the year, driven by a surge in online sales. For the three months to 29 November, net revenue increased by 4.1 percent to 278.3 million dollars, while online sales during the period jumped 78.5 percent. […]

Fashion marketplace Poshmark has revealed the pricing of its IPO. The company said it plans to sell 6.6 million shares of its Class A common stock at 42 dollars apiece. The company is expected to be listed on the Nasdaq Global Select Market on 14 January under the ticker symbol ‘POSH’. It comes after […]

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