Carlo Capasa has been confirmed for the fifth consecutive time as head of the National Chamber of Italian Fashion (CNMI). He has been re-elected after two particularly challenging years marked by the pandemic.
This Friday marked the passing of a baton, as Ralph Toledano retires as president of the Fédération de la Haute Couture et de la Mode, French high fashion’s governing body. He met Fashion Network to consider his tenure.
UK-based menswear retailer/wholesaler Baird Group has secured £7 million in funding from Bibby Financial Services (BFS). The additional financing will go to support international growth while increasing stock volumes.
Frasers Group has acquired a big stake in Australian fashion marketplace, MySale. It sees it as "an opportunity for a strategic partnership" to sell end-of-line group products via an established clearance channel.
A new BCG and Comité Colbert study shows that 65% of consumers “take into account companies' commitment to sustainable development when deciding on their purchases” and that luxury still needs to do more to excel online.
Evolved By Nature, a biotech firm backed by French fashion company Chanel, said on Thursday it has raised $120 million in a financing round, adding new investors including one of Canada's biggest pension funds.