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.
The group that owns Lanvin, Wolford and Sergio Rossi announced it has inked a deal with China’s Primavera Capital Group with a view to listing on NYSE, for an equity valuation of $1.9 billion.
Online retail and technology giant THG has signed buy-now-pay-later firm Humm as its key UK credit partner. The alternative credit provider will be used as a payment option by THG's own brands.
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.
Luxury retailer The RealReal announced on Tuesday financial targets ahead of 2025, as the online resale platform confirmed it is on track for positive adjusted earnings for the full year 2024.
High-end UK fashion brand Me+Em has received a funding injection of £55m in a round led by Highland Europe as it targets international — and specifically American — growth.
The Spanish fashion group has detailed the role and responsibilities of the youngest daughter of its founder, Amancio Ortega, who will replace Pablo Isla as chairwoman of the company on April 1.
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.
THG has responded to criticism of its founder Matthew Moulding holding both its CEO and Chairman roles and has named a new non-executive Chair.
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.
Kohl’s Corporation acknowledged on Monday that its board has received multiple preliminary offers.
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.
Outdoor company L.L.Bean announced on Monday full-year sales topped $1.8 billion in 2021, as the U.S. firm declared the twelve-month period to be one of its most successful years to date.
The Swiss sport shoes and apparel brand reported a strong sales increase in 2021, reaching nearly CHF725 million, equivalent to a 70% revenue growth over fiscal 2020.
