Highsnobiety, founded in Berlin by David Fischer, said on Friday it had secured $8.5 million in funding, becoming the latest lifestyle startup to win backing from investors led by Frederic Court’s Felix Capital.
On 21 and 22 January the bi-annual fashion trade show Modefabriek will take place at Amsterdam Rai. The event will bring together 600 brands and host talks, fashions shows and other events for fashion professionals.
On 11 January, Dutch department store chain de Bijenkorf announced that it is closing its Woerden-based distribution center. De Bijenkorf plans to merge and outsource all distribution activities to a new partner in 2019.
Boohoo continued its impressive run in the last months of 2017 with its main brand, as well as PrettyLittleThing and Nasty Gal, all powering ahead globally. Can surging growth continue? The company thinks it can.
Ted Baker enjoyed a “good retail performance” over the tough Christmas trading period with the company saying on Wednesday that the eight weeks to January saw retail sales rising 9%, or 10.5% at constant exchange rates.
Australian surfwear seller Billabong International Ltd agreed to a buyout from its top shareholder and major lender Oaktree through its Boardriders unit Friday, in a deal valuing the company at about A$197.7m ($155m).