Levi Strauss & Co. announced on Tuesday a series of leadership changes, which is expected to allow the brand to increase its focus on direct-to-consumer (DTC) and prioritize the digitization of its business.
The Spanish company is expanding its offering with the launch of its "Active" capsule collection, featuring accessible pieces designed for yoga and meditation, which aim to inspire the brand's community to get moving.
The American footwear, accessories and apparel group announced a 30.9% decrease in its third-quarter revenues on Tuesday, as the coronavirus pandemic continues to have a negative effect on its business.
Alpargatas Company has named Frederic Levy as the President of its Havaianas International operation. This means he’ll be responsible for all the label’s markets outside of its domestic market, Brazil.
The pre-owned fashion market is forecast to grow worldwide by 15-20% per year until 2025, says a survey by BCG for resale specialist Vestiaire Collective, outlining the different profiles of the market’s players.
Premium online fashion platform Cudoni has secured £4.6 million backing from key international investors, claiming the amount is the largest ever raised for investment within a UK fashion resale business.
With more and more UK fashion store closures hitting the headlines, it’s refreshing news that Frasers Group’s luxury banner Flannels is continuing to open new stores as part of a major investment plan.
The London start-up has raised £0.5m “to power sustainable product verification” at a strong time for its business model after supply chain scandals and as consumers aim to buy more ethical and sustainable products.