ascential news and archive

Ascential moves to sell WGSN, proceeds to go to shareholders

Analytics and e-commerce optimisation company Ascential has announced its intention to sell trend forecasting platform WGSN as part of the ongoing evaluation of its organisational and capital structure. The review was initiated by the group’s board of directors in April 2022, as it looked to deliver on a strategy that would maximise shareholder...

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Fairs

ITE Group, owner of Moda, to acquire Ascential's Pure London

London - ITE Group PLC, the parent company of leading trade fairs Moda, Scoop and Jacket Required is set to acquire the exhibition division from the owner of London’s biggest fashion trade fair Pure London, Ascential Exhibitions, for 300 million pounds. The deal sees ownership of the UK’s leading fashion trade fairs coming together under a...

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Business

Coloro is set to revolutionise the colour industry

London - A new colour system has hit the market, one which aims to revolutionise the colour industry and how fashion and textile professional work with colour by decoding colours as seen by the human eye. Known as Coloro, the new colour system consists of a suite of colour tools including a colour toolbox, colour referencing tool, a colour...

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Business

Drapers and Nursing Times for sale as print advertising declines

London - Fashion trade magazine Drapers, the 111 year old Nursing Times and Architects' Journal will all be up for sale soon as the age of the digital continues to eat away at print magazines. Ascential, the publishing and events business previously know as Emap, is set to sell a total of 13 of its "heritage" titles into a separate operating...