Pittards is back in the black. The recovering leathergoods specialist cited two major positives for the year-end results to 31 December 2021: a return to full-year profitability and an improved order book for 2022.
Threads Styling has raised $12 million in a new fundraising round. Expect the new cash injection to help the UK-based global luxury chat-based shopping platform continue to expand its current product offer.
U.S. marketplace Poshmark Inc. said on Tuesday both its fourth-quarter revenues and gross merchandise value surpassed 20%, as the resale site narrowed quarterly losses with a record sales finish to its year 2021.
Fashion giant Hugo Boss and Movado Group have renewed their license agreement through to the end of 2026. The deal includes Boss watches and jewellery for men and women as well as Hugo watches for men and women.
French resale giant Vestiaire Collective has unveiled a brand revamp with a new identity, a tagline and campaign to underline its “new vision for 2022” that clearly positions resale as the best way to be sustainable.
Global sportswear giant Nike Inc. said on Monday total revenues came close to $11 billion in the third quarter fiscal 2022, as the U.S firm saw a steady return to normal footfall across its owned stores across the globe.