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Shein fined 40 million euros in France for false discounts

The ultra fast fashion retailer Shein has been fined 40 million euros. The brand was reprimanded by France's Directorate General for Competition, Consumer Affairs and Fraud Control (DGCCRF) for misleading commercial practices towards consumers. The sanction follows an investigation into Infinite Style E-commerce LTD (ISEL), the company...

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Princesse tam tam and Comptoir des Cotonniers placed in administration

Paris - The crisis continues in French ready-to-wear. Lingerie brand Princesse tam tam and clothing brand Comptoir des Cotonniers have entered administration. AFP learned this on Wednesday from a source close to the matter. Struggling for several years, these two brands have found it difficult to withstand "a market context that has not...

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Gap Inc. appoints head of communications

Gap Inc. (Gap), the US fashion company behind brands such as Old Navy, Gap, Banana Republic and Athleta, welcomes Mame Annan-Brown as head of communications and executive vice-president. This is a newly created role, according to the company's press release. As a member of the executive team, Annan-Brown will oversee communications, the Gap...

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Apollo acquires 30 percent stake in TradeInn

Madrid – Spanish sportswear e-commerce platform TradeInn welcomes a new minority partner. US investment firm Apollo Global Management has acquired a 30 percent stake, previously held by Spanish private equity firm Suma Capital. French sporting goods retailer Decathlon had also expressed interest in this stake. Reports surfaced in late July 2024...

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K-Way appoints head of international business

Outerwear brand K-Way has appointed Marco D'Avanzo as head of international business. D'Avanzo announced this news via his own LinkedIn profile. He began his new role with the originally French brand on July 1. Italy-based D'Avanzo is no stranger to fashion retail. From October 2016 to April 2025, he was general manager at the Canadian brand...

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Retro meets Afrofuturism: Daily Paper collaborates with Oakley

Daily Paper and Oakley join forces for a new edition of the 'Gascan' sunglasses. Having used Oakley models as styling elements in photoshoots for years, the Dutch streetwear brand has now officially collaborated with the eyewear label. The brands announced the collaboration on Thursday. They have chosen sunglasses originally launched in the...

Retail|Artificial Intelligence

Mango energises shopping experience: WhatsApp channel and AI stylist

Mango continues its commitment to personalising the shopping experience through increased digitalisation. The company has announced the launch of two new digital tools: a WhatsApp channel and "Mango Stylist", an AI-powered fashion assistant and stylist. These are the latest steps in Mango's strategic "Plan 4E", presented in early March 2024. The...

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Is table tennis fashion's next topspin trend?

Accessible, urban and casual retro jerseys – can table tennis establish itself as the next tastemaker between sport, fashion and lifestyle? For a long time, the serve was reserved for tennis, with its leading brands like Lacoste and Fila, which embodied an elite look with pleated skirts and sleeveless jumpers. This chic sports style naturally...

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Esprit 2024 financial results: Focus shifts to licensing after losses

Clothing retailer Esprit Holdings Ltd. released its final results for the 2024 financial year on Monday evening, after a considerable delay. The figures were affected by the ongoing insolvency proceedings of almost all international subsidiaries and the resulting one-off effects. As part of the restructuring efforts and a shift in the business...

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European Commission approves Skechers acquisition by 3G Capital

Investment firm 3G Capital Partners LP (3G Capital) has been granted approval to acquire the American footwear brand Skechers. The European Commission announced this in a press release on Tuesday, July 1. Although both companies operate from the US, their activities in the European market require approval from the European Commission. Skechers...

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Competition authorities give green light: Zalando on the verge of acquiring About You

The Berlin-based online retailer Zalando SE is set to complete its acquisition of competitor About You Holding SE in a matter of days. The e-commerce specialist announced on Tuesday evening that the European Commission had granted "final regulatory approval" for the planned merger of the two companies. Zalando emphasised that "all closing...

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Alexander Wang appoints new global president

Alexander Wang appoints new global president The US fashion brand Alexander Wang has appointed Robert Rizzolo as global president on July 1. The brand announced the appointment on LinkedIn. Rizzolo previously served as chief merchandising officer at Marc Jacobs. He held this role since July 2021. Rizzolo has over 25 years of retail experience....