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Mango invests €100 million in US expansion

Mango invests €100 million in US expansion

Coinciding with the launch of its first store on Fifth Avenue, the brand has announced an expansion plan that aims to open 40 points-of-sale in the U.S., set to become one of its top five markets, by 2024.
Fashion
Nexite announces major funding for physical retail-boosting tech platform

Nexite announces major funding for physical retail-boosting tech platform

Tech firm Nexite has announced a new funding injection. It takes its total funding up to $100m for its breakthrough Bluetooth tag and SaaS platform that boosts physical shopping and makes it more e-tail-like.
Fashion
Ex-Financial Conduct Authority boss worried on BNPL regulation slowdown

Ex-Financial Conduct Authority boss worried on BNPL regulation slowdown

​As the cost of living continues to rise, pressure is mounting on the UK government to push ahead to regulate the buy-now pay-later (BNPL) finance industry.
Fashion
Hedge funds, administrator are the winners after Debenhams collapse - report

Hedge funds, administrator are the winners after Debenhams collapse - report

​Failed businesses can yield rewards. Hedge funds that ran Debenhams look to have recovered most of their costs while the retailer’s administrators have clocked up £5.3 million in fees in the two years since bankruptcy.
Fashion
Clearpay trends report shows Y2K, barely-there and 60s-70s are key drivers

Clearpay trends report shows Y2K, barely-there and 60s-70s are key drivers

​BNPL specialist Clearpay has launched a new Trend Report and said 1990s and noughties looks, as well as styles form the 60s and 70s, are proving to be key among consumers using its services.
Fashion
Superdry getting back on track, Q4 positive as full-price strategy pays off

Superdry getting back on track, Q4 positive as full-price strategy pays off

​Superdry CEO Julian Dunkerton talked of making progress when he delivered a full-year/Q4 update on Thursday. And while it clearly has some way to go before it's back to full health, it appears to be on the right track.
Fashion
Swedish Kidswear brand Newbie moves into 10 new markets

Swedish Kidswear brand Newbie moves into 10 new markets

Newbie, the brand for children from Kappahl, has expanded into 10 new markets. The new e-tail markets are Austria, Belgium, Czechia, France, Latvia, Lithuania, Luxembourg, the Netherlands, Portugal, and Slovakia.
Fashion
Pierre Cardin unveils durable development Prix Bulles Cardin prize

Pierre Cardin unveils durable development Prix Bulles Cardin prize

The house of Pierre Cardin has unveiled a new durable development prize entitled Prix Bulles Cardin, whose first winners will be presented during the upcoming Cannes Film Festival.
Fashion
Bershka joins Liverpool One line-up

Bershka joins Liverpool One line-up

​Bershka has opened a store at Liverpool One, marking the Inditex-owned fashion brand’s regional debut. Spanning 8,000 sq ft on South John Street, the space houses the brand’s three main lines, Bershka, BSK and Man.
Fashion
Bazaarvoice Shopper Experience Index shows surging importance of UGC

Bazaarvoice Shopper Experience Index shows surging importance of UGC

UGC is becoming ever more important to the shopping journey and the latest international Shopper Experience Index report shows that “purchase influence has shifted from business-to-consumer, to consumer-to-consumer”.
Fashion
Gymshark's Richardson is new chair of Haru

Gymshark's Richardson is new chair of Haru

​Resale is hot news at present as companies raise funds, open stores and appoint execs. And the latest news is that Gymshark’s ex-chairman Paul Richardson has taken the same role at fashion resale start-up Haru.
Fashion
High-summer sunshine trends see surging searches says Stylight

High-summer sunshine trends see surging searches says Stylight

​In the first summer season that could justifiably be described as ‘post-pandemic’, consumers appear to be embracing sunshine trends with the latest report from Stylight showing some key directions.
Fashion
UK plans to force landlords to let out empty stores confirmed

UK plans to force landlords to let out empty stores confirmed

​The UK government has confirmed earlier rumours that it has plans to force landlords to rent out empty stores to try to breathe life back into high streets.
Fashion
Mango reinforces its commitment to the metaverse with collection of NFTs

Mango reinforces its commitment to the metaverse with collection of NFTs

Coinciding with its store opening on New York's Fifth Avenue on Thursday, May 11, Mango has co-created a collection of NFTs based on artworks by Spanish artists Joan Miró, Antoni Tàpies and Miquel Barceló.  
Fashion
UK could clamp down on influencer advertising over mental health impact

UK could clamp down on influencer advertising over mental health impact

​The UK government’s intended clampdown on influencer advertising that targets young people looks to be intensifying. And MPs claim regulation has failed to keep pace with the growth of online influencer culture. 
Fashion
Coats Group sells Brazil, Argentina business

Coats Group sells Brazil, Argentina business

​Threads manufacturing giant Coats Group has signed an agreement to sell its businesses in Brazil and Argentina to Reelpar SA, backed by a Sao Paulo Private Equity Firm. 
Fashion