Lululemon sees 2023 sales, profit above estimates on strong demand By Reuters Lululemon Athletica Inc forecast annual sales and profit above Wall Street estimates on Tuesday, betting on strong demand for its pricier yoga wear even as inflation hurts consumer…
Francesca’s launches resale program ‘Forever Francesca’s’ Specialty retailer Francesca’s announced on Tuesday the launch of a new 360-resale program. Francesca’s launches resale program. – Francesca’s Dubbed ‘Forever Francesca’s’, the platform is powered by ThredUp, one of the largest online resale…
Adidas: Sticking to World Cup sales outlook despite Germany’s exit By Reuters API German sportswear maker AdidasWorld Cup Reuters Four-time champions Germany sensationally crashed out of the World Cup despite a 4-2 victory over Costa Rica in their last Group…
Archive raises $15 million in Series A funding Tech resale company Archive has closed a $15 million Series A funding round, bringing the company’s total funding to over $24 million. Archive raises $15M in Series A funding. – Facebook: Sandro…
Arena celebrates 50th anniversary with record results Translated by Nicola Mira International swimwear brand Arena Arena In 2022, Arena generated the stand-out revenue figure of €141 million, up 45% over the €97 million recorded in 2021, and up 13% on…
Superga inks U.S., Canada distribution deal with The Foundation Italian sneaker brand Superga Superga The move sees Superga and Steve Madden Under the new agreement, which kick starts in January, the Foundation plans to elevate Superga while continuing to honor…
Tommy Hilfiger launches Andy Warhol capsule collection Tommy Hilfiger Tommy Hilfiger launches Andy Warhol capsule collection. – Tommy Hilfiger The 28-piece collection offers items for both men and women that pay homage to the ease and artistic energy of Montauk,…
Guess expands access to capital in North America Guess Guess expands its access to capital in North America. – Guess In particular, the fashion company has entered into a $150 million senior secured asset-based revolving credit facility with a term…
Ted Baker CEO set to leave after Authentic takeover Rachel Osborne, the CEO of Ted BakerAuthentic Brands Group Ted Baker The chief executive, who was in charge of the turnaround at the business and oversaw its sale to Authentic, is…
Paul & Shark drops anorak line made from upcycled sails Translated by Nicola Mira Italian sportswear label Paul & Shark, produced and distributed by the Dama company, has officially launched a limited-edition upcycled line called Re-Sail. The line consists of…
