New York – Over the weekend, U.S. sustainable footwear brand Allbirds announced it has secured100 million dollars in new Series E Funding. The investment round was led by asset management firm Franklin Templeton, alongside T. Rowe Price, Baillie Gifford, TDM Growth Partners, Rockefeller Capital Management, […]

FatFace has announced it has completed its financial restructuring and comprehensive refinancing agreement, and that chairman Lord Stuart Rose has left the company. The British lifestyle brand said the 15 million pound cash injection will help it “significantly” reduce its debt and will be used to “invest […]

French prosecutors said Monday that they had opened an investigation against Gerald Marie, former European boss of the Elite Models agency, on allegations of rape, including of a minor. The probe into the ex-husband of supermodel Linda Evangelista follows a complaint from a former BBC journalist and […]

The new campaign 'Pay Your Workers' focuses on garment brands and retailers with outsourced production, in particular H&M, Nike and Primark, as these brands have most frequently appeared in reports from workers about the violations of workers' rights during the pandemic.The Clean Clothes Campaign network […]

Intu Milton Keynes has been taken over by property group Ellandi. Ellandi will be the new asset manager of Intu Milton Keynes, but Savills will run it day-to-day. The site will retain its name for now before eventually being rebranded, Ellandi co-founder Morgan Garfield said. It comes after British […]

Ted Baker has chosen Baird Group as its new licence partner for men’s formalwear, with the first collection under the partnership launching in Spring 2021. The three-year product licence agreement will see Baird working with Ted Baker’s creative team to create and distribute men’s formalwear in the […]

Calida Holding AG has announced its intention to launch a buy-out tender offer followed by a squeeze-out for all outstanding shares of its subsidiary Lafuma SA, listed on Euronext in Paris, France. Calida Group currently holds 93.50 percent of the share capital and voting rights of Lafuma. The company […]

New York - The iconic U.S. luxury retail group has just announced its departure from the bankruptcy protection framework that it voluntarily filed for last May. Neimas Marcus resurfaces with a debt reduction of 4 million dollars and staff cuts. Despite having put the threat of bankruptcy behind, the […]

New York – South Korea’s Blackyak signed a deal in May with TK Chemical, a chemical fibre manufacturing company of SM Group to use the latter’s production of recycled fibres from used plastic bottles. Last month, Blackyak released an environmentally friendly t-shirt using the recycled fibre and its […]

New York – Bleuet has announced the launch of a new collection of bras made in organic and sustainable fabrics. The Aster Organic Tank Bra and the Iris Bra are some of the first sensory-friendly, sustainable bras for tween and teen girls in the market. “Social and environmental sustainability are of […]

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