Jil Sander could soon return to Italian ownership as Only the Brave (OTB), the parent company of Diesel, confirmed interested in acquiring the house. According to WWD, the due diligence process is already in progress, confirming the speculations from December that the Group’s founder Renzo Rosso was […]

Multi-channel retailer Wolf and Badger has reported a “consistent rise” in overall global sales last year, despite what it calls a turbulent 2020 for retail, and expects to report overall revenue growth of 79.1 percent. Wolf and Badger said that 2020 was another year of growing full-year revenues and […]

Transparency and sustainability remain two of the largest topics within the global fashion industry today. While many brands and retailers are beginning to pay more attention to their supply chains’ environmental and social impact, adopting new ways of working more transparently remains a challenge. […]

Matalan has reported a drop in revenue for the third quarter of the year as lockdowns took their toll on the company’s in-store sales. For the 13 weeks to 28 November 2020, total revenue at the omnichannel fashion and homeware retailer dropped 21.5 percent to 244.8 million pounds. That drop reflected […]

Superdry has reported widening losses for the first half of the year as lockdowns took their toll on revenue. For the six months to 24 October 2020, underlying loss before tax at the British fashion retailer widened to 10.6 million pounds compared to 2.3 million pounds last year. Revenue fell by 23.4 […]

The International Apparel Federation (IAF) has published its ‘2021 priority issues’. At a time when our industry is in crisis, it sets out the organisation’s vision on achieving a better apparel industry (as measured on the scales of people, planet and profit). This vision is drafted with and fully […]

Spanish fashion brand Mango is discontinuing its plus-size Violeta range and will instead integrate its larger sizes into its existing Mango womenswear range. Over the next six months, the company will work to integrate Violeta into Mango Woman, which will now span up to size 54. The news was first […]

The owners of British online retailer The Very Group are reportedly mulling an IPO that could value the business at 3 billion pounds. The Barclay family is in the early stages of deciding whether to take the group public amid soaring investor interest in online retailers, Sky News reports. The Very […]

British footwear brand Dr Martens has confirmed plans to float on the London Stock Exchange. The company had already said it was “considering” a floatation, but on Monday confirmed the news in a statement. An offer price for the shares was not disclosed. Dr Martens plans London Stock Exhange IPO The […]

Global licensing specialists Brand Machine Group (BMG) has acquired American outdoor brand Penfield. Brand Machine Group confirmed in a statement that they would start a global wholesale launch for Penfield for its autumn/winter 2021 menswear and womenswear collections this January. Both ranges will […]

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