Online resale platform ThredUp Inc. said on Monday total revenues for the first quarter surged 31%, as the American company made further inroads in Europe and extended its RaaS capabilities to more clients.
ESW announced on Monday it has acquired Los Angeles-based e-commerce platform Scalefast, with the deal expected to drive growth in revenue and product innovation across the group’s integrated client base.
Founded by the French entrepreneur Beverly Sonego, Monogram Paris aims to internationalize its second-hand brand concept. It is being tested throughout May on the American market, in New York and Los Angeles.
The Italian group specialised in down jackets plans to further segment its markets, diversify into footwear, boost its online sales and broaden its retail footprint by opening over 150 new stores by 2024.
Not many luxury executives have had as long and momentous reign as Bruno Pavlovsky, the president of Chanel’s fashion division. We sat down for or coffee and conversation pre cruise show in Monaco on Thursday morning,
THG could see major board-level changes as the online beauty and technology group continues to see its performance struggle. The structure of board will be a “prime focus” of “detailed scrutiny”, its new chair has said.
Cosmetics maker Coty Inc raised its full-year profit outlook on resilient demand for its high-end fragrances and skincare products even at a time inflation in most countries has soared to multi-year highs.
Steen & Strøm, the historic luxury department store in Oslo that’s also the worlds oldest, said on Monday that it made history in its March results when it exceeded its best monthly sales on record by as much as 20%.
HanesBrands announced on Friday a 5% uptick it net sales for the first quarter, on the back of increased sales in the company's U.S. and international markets, and continued demand for its Champion brand.
Founder Brian Hill said he will step down as chief executive officer after 38 years and transition to executive chair on May 21, 2022, leaving Jennifer Wong to become chief executive officer of Aritzia at that time.
The court in Vicenza, Italy, has accepted the offer of Milano 1984, a company headed by Andrea Citterio, for the acquisition of Grotto SpA, parent company of the beleaguered Italian denim brand with 140 employees.
There has been speculation for several years that West End landlords Capco and Shaftesbury could link up and now it seems that they really are in talks about a merger that would value the joint firm at around £3.5bn.