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Nonprofit Remake closes down after failing to secure sustainable funding

Remake, the nonprofit behind the #NoNewClothes and #WearYourValues campaigns, is shutting down after failing to secure the necessary funding to sustain its operations. Founder of the organisation, Ayesha Barenblat, announced the news on Instagram, stating that this decision made by Remake’s board was the “most responsible path forward” in the...

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FIRE: One Platform Uniting Preorder and Reorder in Wholesale

Fashion wholesale is entering a new era. Demand is harder to forecast, retail partners expect faster reactions, and capital efficiency has become mission-critical for fashion brands worldwide. Yet inside many organisations, preorder and reorder still live in separate systems. Preorders are captured in showrooms or dedicated preorder tools....

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Business|Interview

Career check: why the point-of-sale is the best school

What does a career look like in an industry that constantly has to reinvent itself? Industry expert Daniel Samy El Menshawi looks back on 15 years of experience balanced between tradition and transformation. After an apprenticeship in textile management and a degree in International Fashion Management, El Menshawi worked in sales for various...

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Business|CEO Interview

Voo Store CEO talks strategic overhaul: Prioritising independent brands over luxury labels

Under Akcay's leadership, the fashion retailer, known beyond Germany's borders, will once again focus on its former strength: offering young brands and designer collections that cannot be found everywhere. To this end, the new boss is also cutting budgets for the big fashion houses. Akcay reveals exactly what his strategy looks like an interview...

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Archive introduces AI capabilities to optimise business operations

Resale tech provider Archive has unveiled a collection of new AI capabilities with the intention of scaling its operations and providing brands with a stronger foundation for resale. Under the umbrella ‘Archive Intelligence’, the new features address warehouse management, with the goal of optimising logistic costs and customer outcomes, and...

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Debenhams secures 40 million pounds in oversubscribed fundraise

Online retailer Boohoo, now trading as Debenhams, has successfully completed an upsized and significantly oversubscribed fundraise, generating gross proceeds of approximately 40 million pounds (54.04 million dollars). The capital raise, upscaled from an original target of 35 million pounds due to strong investor demand, consisted of a placing...

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Delta Galil reports strong Q4 and full-year 2025 financial results

Caesarea, Israel-based apparel manufacturer Delta Galil Industries has reported strong financial results for the fourth quarter and full year ended December 31, 2025, demonstrating resilience despite a complex global retail landscape. For the full year, sales climbed 4 percent to 2,118.9 million dollars, supported by fourth-quarter performance...

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eBay announces strong 2025 results and definitive agreement to acquire Depop

eBay Inc. reported robust financial results for the fourth quarter and full year of 2025, a period chief executive officer Jamie Iannone described as a "milestone year" driven by disciplined strategic execution and a focus on recommerce. For the full year ended December 31, 2025, the company generated 11.1 billion dollars in revenue, an 8...

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Brunello Cucinelli reports 1.41 billion euros turnover for 2025

Brunello Cucinelli reported a turnover of 1.41 billion euros (1.66 billion dollars) for 2025. This represents an increase of 11.5 percent at constant exchange rates and 10.1 percent at current exchange rates. The company's net profit reached 142 million euros, up 10.5 percent, with a sales incidence of 10.1 percent, in line with the previous...

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John Lewis increases shop floor staff pay by 6.9 percent

The John Lewis Partnership has announced a 108 million pound pay investment to increase the wages of its shop floor staff by 6.9 percent across department store, John Lewis and supermarket chain, Waitrose. In a statement, the retail group said that the hourly shop floor pay rises from April 1 would be the equivalent of 1,600 pounds a year for...

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Sheertex owner finds buyer following strategic review

Srtx Inc, the Canadian materials innovator that makes rip-resistant tights under the Sheertex brand, has found a buyer, months after announcing a strategic review to strengthen the business and support its long-term potential. In a statement, Srtx said it has entered into a definitive agreement with Montreal-based manufacturer and wholesaler,...

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American Exchange Group acquires watchmaker E. Gluck Corporation

Accessories and manufacturing firm American Exchange Group has acquired the assets of respected watchmaker E. Gluck Corporation for an undisclosed amount. The acquisition will form a new company, E. Gluck Holdings LLC, which aims to operate as “the premier and largest wholesale fashion watch and jewellery company in the industry,” explains...