H&M Foundation unveils Global Change Award winners H&MChange The 2022 Global Change Award winning innovations – DR H&M Chairman Karl-Johan Persson So who are the winners this time round? They include UK-based BioPuff by saltyco whose alternative to goose down is…
Still loss-making, but Wolford’s recovery is on track High-end Austrian intimates specialist Wolford Wolford The company saw revenues up 14% to €108.945 million, EBITDA of €8.5 million from a loss of €8 million a year earlier, and an EBITDA margin of…
Minerva Hub, Italy’s newly created luxury production consortium Translated by Nicola Mira At a time when luxury industry giants are busy snapping up Italy’s most advanced manufacturers and workshops, and many of the sector’s highly specialized SMEs are clustering together,…
Bimba y Lola doubles its Ebitda in 2021 and achieves a profit of €16 million By EFE Translated by Roberta HERRERA The Bimba y Lola Bimba y Lola It also accumulated revenues of €216.5 million, which represents a significant increase…
In The Style making progress in strategic plans, trading update shows Digital women’s fashion brand In The Style Group issued a positive trading update Friday ahead of its AGM, having made “significant progress” against several of its strategic priorities, “to increase…
Inditex Q1 easily beats pre-pandemic period, sales and profits soar Inditex Reuters Its pre-Covid Q1 (the three months to the end of April 2019) had seen it reporting profits of €734 million on sales of €5.93 billion. It didn’t break…
Authentic Brands names Todd Krinsky new Reebok CEO Sparc Group, owned by Authentic BrandsReebok Todd Krinsky – Authentic Brands Group In his new role, Krinsky will lead the team in implementing Reebok’s growth strategy, which “leans into the brand’s authentic…
Primark launches new website in UK with raft of added features Primark Primark Created to “better connect the journey between searching online and then shopping in-store”, the new site features “thousands of products from across Primark’s best-selling ranges, as well…
Back-to-uni season to see £3.2bn spend, ASOS, Primark to gain – report The cost-of-living crisis certainly hasn’t by-passed university students. They’re collectively poised to spend around £3.26 billion ahead of the upcoming autumn term, that’s 19% more than a year…
Forever 21 takes third crack at China with new bricks and mortar store By Reuters API American fast fashion retailer Forever 21 Forever 21 The brand said on social media platform WeChat that it would open a store “in June”…
