Global Fashion Group sees Q2 net merchandise value rising 11% By Fibre2Fashion Global Fashion Group DR The DafitiZalora Co-CEOs Christoph Barchewitz and Patrick Schmidt said: “We delivered our results under difficult circumstances with all of GFG’s regions facing varying volatile environments,…
HanesBrands returns to profit in Q1, Champion U.S. sales hurt by product supply delays HanesBrands announced on Friday a 5% uptick it net sales for the first quarter, on the back of increased sales in the company’s U.S. and international…
Portuguese textiles become international player By AFP-Relaxnews Shaken in the last 20 years by competition from Asia, Portugal’s textile industry has found its footing again and become a major player, supplying firms not just in Europe but also in the…
Cotopaxi taps Damien Huang as president Outdoor gear brand Cotopaxi announced on Tuesday the appointment of its first-ever president, Damien Huang. Cotopaxi taps Damien Huang as president. – Cotopaxi In this new executive position, Huang will help drive strategy, operations,…
Première Vision Blossom to hold 10th edition in Paris on December 14-15 Translated by Nicola Mira Première Vision Blossom, the trade show dedicated to Spring/Summer 2024 pre-collections of fabric, leather and accessories, will be held at the Carreau du Temple…
Ray-Ban maker EssilorLuxottica’s sales rise as Asia-Pacific rebounds By Reuters API EssilorLuxottica Reuters The French-Italian company, which makes OakleyRay-Ban Asia-Pacific was the group’s fastest growing region with a 22.7% revenue rise in the quarter at constant exchange rates to 761…
Walmart sees smaller profit drop as discounts draw shoppers, but clothing struggles By Reuters Walmart nudged up its annual profit forecast on August 16, partly reversing a hefty cut less than a month ago, as discounts to clear excess merchandise and…
Eloquii launches new bridal brand Plus-size women’s fashion label Eloquii announced on Thursday the launch of a new bridal brand. Eloquii launches new bridal brand. – Eloquii Dubbed ‘Bridal by Eloquii’, the new line offers wedding wardrobe essentials including elevated…
Scalpers’ sale on hold due to global economic uncertainty Translated by Roberta HERRERA Scalpers has put its sale on hold. After having commissioned investment bank Arcano Partners earlier this year the sale of its majority stake, Jaime Bergel and Pedro…
Victoria’s Secret partners with NetVirta for online sizing U.S. lingerie giant Victoria’s Secret & Co. has teamed up with NetVirta on a strategic partnership to help its customers order the right bra size online. Victoria’s Secret partners with NetVirta. –…
