Fraser’s sells US-based Bobs and Eastern Mountain Sports Frasers Group said this week that it’s disposed of its US retail Eastern Mountain Sports The funds will go into the company’s general working capital pool and are likely to be a…
Ted Baker has had two offers from Sycamore, rejected both Ted Baker The UK fashion retailer is in the sights of the American private equity giant, which offered 130p for each Ted Baker share on March 18 and submitted a…
Torrid announces new CEO, changes to leadership team Plus-size retail chain Torrid announced on Tuesday changes to its senior leadership team and board of directors, including the appointment of Liz Muñoz to a new role as chief creative officer. Torrid…
Mango prepares latest new concept store in UK as it opens revamped Paris site MangoNew Med concept to stores around the world and is currently preparing to open its latest in the UK, at the giant Bluewater shopping mall. The work…
Alibaba stock falls, then recovers, after state media report By Reuters API Alibaba Reuters State broadcaster CCTV first reported that authorities in the city of Hangzhou, Alibaba’s headquarters, had taken action against an individual surnamed Ma, whose name consisted of…
Ukrainian models who swapped Milan catwalks for war aid By AFP-Relaxnews Ukrainian model Bogdana Didenko Nevodnik was in Milan for fashion week Unable to return home afterwards, she now sorts aid parcels in the Italian city for her war-torn country.…
U.S. secondhand market to double by 2026: ThredUp Online resale platform ThredUp launched on Tuesday the results of its 2022 ‘Resale Report’ revealing that secondhand The global secondhand apparel market will grow 127% by 2026 – more than 3 times faster…
Asphaltgold acquired by The Athlete’s Foot parent Asphaltgold, one of the leading streetwear online shops for sneakers and streetwear clothing in Europe, is joining The Athlete’s Foot (TAF) portfolio of brands, effective immediately. Asphaltgold joins the Athlete’s Foot portfolio. –…
Adidas cuts full-year profit target on slow China recovery By Reuters Adidas Photo- – Adidas In an unscheduled statement, the sporting goods maker said it expected full-year net income from continuing operations to reach about 1.3 billion euros ($1.31 billion),…
Sergio Tacchini bought by South Korean group F&F Holdings Translated by Nicola Mira Another change of ownership for Sergio Tacchini. The Italian sportswear brand, founded by the eponymous tennis professional in 1966 and owned since 2019 by US investment funds…
