Business

Goat Group valuation more than doubles to 3.7 billion dollars

The valuation of Goat Group, the parent company of US sneaker and apparel marketplace Goat, has more than doubled following the completion of a new 195 million dollar financing round. The Series F funding round drove the valuation of the LA-based company up to 3.7 billion dollars from the 1.8 billion dollars it was valued at last September in a...

2 hours ago

Business

Kering snaps up stake in handbag rental service Cocoon

Gucci-owner Kering has invested in handbag rental service Cocoon in the latest example of the French luxury giant’s confidence in circular fashion businesses. London-based Cocoon offers its customers a variety of rental memberships starting from 49 pounds per month which they can pay for on a monthly or quarterly basis, giving them access to top...

4 hours ago

Fashion |IN PICTURES

Burberry SS22: Tisci ‘challenges conventional codes’ in otherworldly menswear show

“This presentation is all about the power and the beauty of self-expression and about escaping and coming together as one to celebrate our creativity,” said Burberry chief creative officer Riccardo Tisci as he revealed the British luxury label’s SS22 menswear collection on Wednesday. The collection was presented at the Millennium Mills in Royal...

4 hours ago

Fashion

Nobody’s Child launches childrenswear brand

Responsible womenswear brand Nobody’s Child is launching a childrenswear brand called Somebody’s Child. The conscious childrenswear marks Nobody’s Child’s first venture into kidswear and has been designed in-house to emulate the womenswear range with matching “mini me” styles. The debut collection features a nine-piece range of dresses and...

6 hours ago

Fashion

Giles Deacon reimagines post-pandemic office workwear with IWG

British fashion designer Giles Deacon has teamed up with IWG, the world’s largest operator of office and flexible working spaces, to design workwear for the new hybrid working world following the pandemic. The IWG x Giles capsule collection reimagines how people will dress for the office as working-from-home comes to an end and includes three...

7 hours ago

Fashion

Menswear Labels to watch

In times of home offices, ever more permeable dress codes and flattened hierarchies, it is long overdue to free men, and all those who like to dress in a male fashion, from their constricting menswear corsets. A great example of how some heroes don't wear capes - but skirts - are some male teachers from Spain who, in solidarity with a student...

1 day ago

Fairs

Pitti Uomo: A look back at the trade show’s history ahead of its 100th edition

Following a year of cancelled physical events, Italian menswear trade show Pitti Uomo is set to return to Florence at the end of June to celebrate its 100th edition. It will be a toned-down show compared to previous iterations in light of ongoing Covid-19 concerns, with organisers announcing earlier this month the show would host fewer brands...

1 day ago

People

Brendan Hoffman to take over as the CEO of Wolverine Worldwide

Wolverine World Wide, Inc. has announced that Brendan Hoffman, president and a member of the company’s board of directors, will also become chief executive officer at the end of the year. The company said, Hoffman will succeed Blake Krueger, who began his career with the company in 1993 and has been CEO since 2007 and chairman of the board since...

23 Jun 2021

More News

Retail

Lyle & Scott to open first London store at LDO

British menswear brand Lyle & Scott is to open its first store in the English capital at London Designer Outlet (LDO). The 800 square foot store will be the brand’s only outlet to open in the UK this year, and will join a line-up of other brands at LDO including Guess, Kurt Geiger, Dune, The North Face and Adidas. “Many of our loyal customers...

39 minutes ago

Business

Uncovering AI Tech within Fashion: Dressipi’s Personalised Outfits

From shop windows and advertising campaigns, to in-store merchandising and social media influencer marketing, brands have been showcasing their products through outfits right from the beginning - they’ve always been an integral part of how to sell fashion. On the most basic level, outfits tell a customer a brand story and offer them inspiration...

3 hours ago

People

Chico’s announces appointments of two senior executives

Chico’s FAS, Inc. has appointed Nancy Johnson as SVP, GMM merchandising and design for the Chico’s brand and Dimple Rao as VP, product management. In the new role, Johnson, the company said, will be responsible for the product, design and overall strategy for Chico’s, and she will report directly to Molly Langenstein, president and chief...

9 hours ago

Business

Designer Brands names two new executive appointments

US fashion retailer Designer Brands has announced two new executive appointments as it pushes forward with its focus on its omnichannel capabilities. Designer Brands vice chairman Debbie Ferrée has been appointed the additional role of president of Camuto Group, a position she has held on an interim basis since August 2020. In her new role, Ferr...

23 Jun 2021