Historically, fashion has invested mostly in the consumer facing digital experience, but because of the pandemic, everything that was ‘under the hood’ in the industry came to a standstill. From how garments are created to wholesale selling, there was still very little digitization in those areas and […]

Since the Internet and Social Media have brought magazines to their knees, brands have increasingly had to look elsewhere for the best way to reach an audience. What better way than through your wholesale clients as they have the potential to be great ambassadors for brands. These brands have Instagram, […]

British footwear brand Dr Martens has reportedly chosen Goldman Sachs and Morgan Stanley to spearhead its IPO on the London Stock Exchange. The bootmaker’s private equity backer, Permira, has appointed the two Wall Street giants to act as global coordinators for a flotation being earmarked for next […]

Global Fashion Group S.A. (GFG) has announced that the company has raised approximately 120 million euros in gross proceeds, via a placement of 16.5 million new shares at a price of 7.30 euros per share. The company said in a statement that GFG will use the additional capital to accelerate the execution […]

For its third quarter, Kohl’s Corporation reported total revenue of 3,979 million dollars, down 14 percent compared to the same quarter last year, while revenues for the nine months declined 25.3 percent to 9,814 million dollars. The company said in a statement that third quarter comparable sales decreased […]

Earlier this month the online retail store Bitcoin Movement (BTCMVMNT), launched a limited edition streetwear line featuring a blockchain-backed system of “Proof of authenticity.” The 300-item collection, which was designed with input from British entrepreneur and rapper Zuby, consists of 50 hoodies, […]

IBM (NYSE: IBM) and KAYA&KATO, a German uniforms and work wear manufacturer, have joined forces to develop a blockchain network for the fashion industry. The initiative counts on the support of the German Federal Ministry for Economic Development (BMZ) and is designed to create transparency about […]

With hundreds of stores closing their doors to customers for good at a pace never seen before, the retail space available has reached uncharted levels. While this wave of retail stores closures started over a year ago, the unstoppable advance of coronavirus has proven the deadly kiss to commercial property […]

Luxury fashion resale brand Cudoni has secured a further round of investment to the total of 4.6 million pounds, which it states will support plans for international expansion. The multi-million-pound investment comes from the backing of key investors with the Daily Mail Group Ventures leading the investment […]

Perry Ellis International is expanding its premium heritage brand Farah in Japan after signing a licensing deal with Itochu Corporation. Menswear brand Farah, which has a long history of reinventing men’s casual wear classics, while staying true to its intrinsically British identity, will partner with […]

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