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Faslet, the digital size advice company for clothing e-commerce that aims for a 100% reduction of size-related returns

It's a common problem: You're looking online for the perfect dress or a comfortable shirt, but you're not sure about your size. To remove all doubt, you open the size chart. Problem solved, you would think, only this jungle of labels and ways of measuring yourself only increases your uncertainty. It is no secret that it is often difficult to...

30 Jan 2023

Business

Destination XL names Dara Pauker as chief operating officer

Destination XL Group, Inc. announced the appointment of Dara Pauker as chief operating officer on January 27, 2023. Pauker, the company said in a release, brings over 20 years of strategy and leadership experience, with a particular emphasis on growth initiatives, and has been working with the company on a long-range strategic growth plan as a...

30 Jan 2023

Business

VF Corporation opens regional office in Tokyo alongside design collective

Fashion conglomerate VF Corporation has launched the new Tokyo Design Collective (TDC) alongside the opening of a regional office in the Japanese city’s Harajuku district. The office will be the new home of VF brands Dickies, Timberland and Vans in the region, as well as the TDC team. The mission of TDC is to merge Japanese product design and...

30 Jan 2023

Business

Asos takes to Secret Sales in bid to right-size stock portfolio

Fashion e-tailer Asos has unveiled a new partnership with non-full-price marketplace Secret Sales, through which customers can shop products from the brand. Secret Sales shoppers will be able to access an initial selection of up to 1,000 products from Asos-owned brands, including Asos Design, Reclaimed Vintage, Topshop and Miss Selfridges, all...

30 Jan 2023

Business

Frasers Group reportedly looking to launch BNPL scheme

Fashion conglomerate Frasers Group has reportedly set its sights on adding a new financial service to its already expansive portfolio. Under its new boss Michael Murray, the group is said to be preparing to launch its own Buy Now, Pay Later (BNPL) scheme, which could allow buyers to borrow up to 2,000 pounds. According to The Telegraph, the...

30 Jan 2023

BusinessFeatured

JD Sports facing cyber attack, confirms customer data may have leaked

Retail giant JD Sports has confirmed it has been the target of a cyber attack which has resulted in the unauthorised access to a system containing customer data. The group noted that the information accessed related to online orders placed between November 2017 and October 2020, however added that the affected data was limited. The incident has...

30 Jan 2023

Business

Yves Saint Laurent files series of metaverse trademarks

Yves Saint Laurent has filed for a number of trademark applications hinting that the French luxury brand could be next in line to join the metaverse. According to the trademark applications, YSL is setting out to cover its name and logo within the realm of non-fungible token (NFT) and metaverse. The applications mainly centre around beauty and...

30 Jan 2023

Business

Frasers Group ups stake in N Brown, becomes second-largest shareholder

Mike Ashley’s Frasers Group has once again upped its stake in online retailer N Brown, making it the group’s second-largest shareholder. The fashion giant, which owns the likes of Sports Direct, Missguided and House of Fraser, increased its stake to 17.88 percent, according to the company’s regulatory filing. Frasers initially increased its...

30 Jan 2023

Business

Events business Hyve Group selects new non-exec director

Hyve Group, the business behind events companies Shoptalk and Spring Fair, has announced the appointment of Julie Harris as non-executive director of its board of directors, effective February 2. Harris currently serves as CEO of Comparison Technologies, a position she has held since November 2019, and boasts over 25 years of experience working...

30 Jan 2023

Business

Unilever names Hein Schumacher CEO after lengthy search process

Consumer goods conglomerate Unilever has announced the appointment of Hein Schumacher as its new chief executive officer months after Alan Jope stated his intention to retire. Schumacher currently serves as CEO of dairy and nutrition business Royal FrieslandCampina and became a non-executive director of Unilever in October, 2022. He has been...

30 Jan 2023

Business

Digital Fashion Week New York reveals three-day schedule alongside NYFW

The organisers behind Digital Fashion Week New York have unveiled a jam-packed three-day schedule for its upcoming edition, set to run alongside the physical New York Fashion Week. From February 9 to 11, the event will feature both physical and digital aspects, each designed to offer insights, vision and strategies for adapting to a digital...

30 Jan 2023

BusinessFeatured

European market drives 2022 sales at Safilo

Preliminary results for Safilo Group S.p.A., for the financial year ended December 31, 2022 showed that net sales amounted to 1076.7 million euros, up 11.1 percent at current exchange rates and 4.2 percent at constant exchange rates. In the year, the company said, organic sales grew by 7.7 percent at constant exchange rates, recording...

30 Jan 2023