Fashion
The latest news
Amazon duped millions of consumers into enrolling in Prime, US FTC says
The U.S. Federal Trade Commission filed suit against Amazon.com Inc on Wednesday, accusing the retailer of enrolling millions of consumers into its paid subscription Amazon Prime service without their consent.
Fashion
YouTube to launch its first official shopping channel in South Korea
YouTube will launch its first official shopping channel for live commerce in South Korea on June 30, Yonhap news agency reported on Wednesday.
Fashion
KKR to buy up to $44 billion of PayPal's buy now, pay later loans in Europe
Private equity firm KKR has agreed to purchase a substantial portion, or up to 40 billion euros ($43.71 billion), of payments company PayPal's buy now, pay later (BNPL) loans in Europe, the companies said on Tuesday.
Fashion
S.Africa's Steinhoff gains court approval for debt restructure, shares tumble
Steinhoff International said on Wednesday it had received approval from a Dutch court for a debt restructuring plan, paving the way for resolution of an accounting scandal that brought down the retailer.
Fashion
Zara founder Ortega buys Dutch warehouse for $115 million
Spanish businessman Amancio Ortega, the founder of Zara owner Inditex, has bought a warehouse in the Netherlands for 105 million euros ($115.4 million), his private investment firm Pontegadea said on Wednesday.
Fashion
Debenhams collapse left unsecured creditors with £1.3bn losses
It’s been a tough month for unsecured creditors of failed retail companies. But money owed by Hunter Boot (£112.8 million) and Edinburgh Woollen Mill Group (£167 million) are dwarfed by the cost of Debenhams’ failure.
Fashion
Paris dazzles with chic, casual fashion from Botter, Hed Mayner and Lemaire
On the second day of the Paris fashion shows, Botter, Hed Mayner and Lemaire showed off their cutting and construction skills, hiding highly sophisticated creations behind casual silhouettes.
Fashion
Matalan hires Retail and Supply Chain execs as its Ops Director moves on
Value omnichannel fashion and homewares retailer Matalan has made two key senior executive appointments with Phil Hackney joining as Chief Supply Chain Operations Officer and Katherine Davis as Chief Retail Officer.
Fashion
The Kooples: MD Marie Schott leaves, Anne-Laure Couplet takes over
Managing Director Marie Schott left The Kooples at the beginning of the week. Anne-Laure Couplet, former CEO of Burton and Paule Ka, is taking over from her as head of the label owned by the MF Brands group.
Fashion
Paris showcases creative richness with Burk Akyol, Valette Studio, Etudes Studio
The menswear fashion week opened in Paris on Tuesday with interesting collections by Burk Akyol, Valette Studio and Etudes Studio, giving a foretaste of what seems like a promising programme.
Fashion
Adena opens first travel boutique for Monsoon
Hot on the heels of its debut in Islington, Monsoon on Wednesday opened a store in London’s Waterloo Station.
Fashion
UK inflation stays high, fashion prices still rising
UK inflation is proving more stubborn than expected and despite widespread predictions of a fall in May, the latest figures from the Office for National Statistics show that hope to be wide of the mark.
Fashion
Vans announces key new 'pinnacle category' called OTW
Vans has big news this week, revealing its new pinnacle category, OTW by Vans. This is “where elevated product and brand experiences come together with art, design, style, skate culture and entertainment”.
Fashion
THG says trading improves, predicts profitability increase
E-tailer and tech specialist THG issued a trading update on Wednesday and said it’s seeing “strong profitability progression with cash generation ahead of expectations in H1 2023”.
Fashion
Tencel and Amy Powney choose Fashion Reimagined finalists
Lenzing’s Tencel and its ambassador — Amy Powney of Mother of Pearl — have revealed the five finalists of design contest ‘Fashion Reimagined’, showcased as part of the ‘Best of GFW’ Catwalk at Graduate Fashion Week.
Fashion
Dr Martens collaborates with NTS for music-inspired 'Don't Assume' shoe
Collaborations are hugely important to Dr Martens and the footwear brand is set to launch one with global music platform and radio station NTS on Friday (22 June) “to celebrate individuality in all its forms”.
Fashion