Multiple Bidders Emerge to Buy Bankrupt Recycler Renewcell
A deadline to submit initial offers passed on Thursday, with a final deal expected to close mid-April.
The sportswear giant’s office in the Netherlands will be shut down following the news that an employee is infected with the virus.
As the traditional bridal industry loses touch with Millennials, newcomers are reaping the rewards.
According to the Netherlands workers' union, 1,424 employees have been informed of the company's decision, and added that severance packages were 'respectful.'
The online retailer estimates it misses out on 20 to 30 million transactions per year because items shoppers are searching for are unavailable.
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A report by Citron Research questioned some of the African e-commerce company's sales figures sending shares down sharply.
Amsterdam Fashion Institute is incorporating sustainability and digital innovation into its interdisciplinary approach, to better reflect the industry's future needs.
The handbag brand, known for its clean and geometrical designs, is moving into a new category, launching its first shoe collection in April.
The probe will weigh tax rulings that calculated Nike's royalty payments for intellectual property use in the EMEA region.
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With estimated 2018 revenues of $40 million, the Dutch direct-to-consumer eyewear brand is looking towards the UK and Germany to further its growth.
According to the report, Inditex, H&M, Fast Retailing and Benetton are among the big fashion companies leading the way in hazardous chemical management.
The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.
Several fast-fashion and mass retailers lead the rankings, while Kering is the only luxury entry.
A deadline to submit initial offers passed on Thursday, with a final deal expected to close mid-April.
Shoppers “get bored very quickly,” Régis Schultz, JD Sports’ CEO, said.
British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dropped in January, resulting in fourth-quarter growth of just 0.1 percent.
Luxury watchmaker Favre Leuba plans to unveil more than two dozen timepieces later this year, priced as much as 24,000 Swiss francs ($26,489), as part of a brand relaunch that seeks to expand the Swiss pioneer’s appeal beyond its majority Indian consumer base.
L Catterton, backed by French luxury group LVMH Moet Hennessy Louis Vuitton SE, is launching a new vehicle to invest in Indian consumer-sector companies as it increases the focus on the fastest-growing major economy in the world.
The online market for secondhand apparel hit $20 billion in the US in 2023 and is expected to more than double over the next five years, according to a new report from ThredUp and Global Data.
The Swedish retailer recorded operating profit of 2.08 billion Swedish krona ($196 million), with operating margin more than doubling from the year before.
Major UK fast fashion retailers will change the way they promote the environmental credentials of their clothes after being accused of greenwashing by a UK watchdog.