Google is investing 550 million dollars in cash in China’s e-commerce giant JD.com as part of a strategic partnership. JD.com said through a media release that both the companies plan to collaborate on a range of strategic initiatives, including joint development of retail solutions in a range of regions […]

ANALYSISThe world’s second largest apparel retailer is not in celebratory mood. Hennes & Mauritz (HMb.ST) reported no sales growth for the last six months, what nothing but adds to the Swedish fashion group’s losing ground to direct competitor Inditex. Hennes and Mauritz’s sales were unchanged in the […]

The Los Angeles-based fashion e-tailer is ultimating its initial public offering of shares, according to people familiar with the matter. Market sources expect the company’s valuation to reach 1 billion dollars. Revolve, the Los Angeles-based online clothing merchant, is currently preparing to get a […]

Texas-based women’s fashion and accessories retailer A’Gaci is getting closer to saying farewell to bankruptcy. The womenswear chain went busted in January due to its struggles to repay a 62 million dollars debt pile. Six months and a failed auction sale afterwards, A’Gaci is moving toward emerging […]

The fashion industry needs a diverse range of sustainable solutions to tackle the numerous issues it faces concerning environmental damage, human rights and shifting to a circular business model. This is where the Style for Good-Plug and Play Accelerator Programme comes in. The accelerator programme […]

Italian fund Fondo Strategico Italiano (FSI), which is indirectly controlled by the state, is set to acquire 41.2 percent of Missoni, the brand known for its zigzag and geometric patterns. The two companies announced the deal during a press conference held this Friday in Milan. "The aim of the partnership […]

RECAPThis week, Yankeemagazines published a series of interviews with startups that aim to change the way people buy fashion. They are using technologies like artificial intelligence and machine learning to make shopping faster, more practical or more inclusive. Missed it? Here’s a recap: Curated Crowd: […]

Founded in 1989 Ningbo, China, Shanshan Group started as a small factory manufacturing men’s suits, garments and apparels. Over the years, it has become one of the most famous fashion brands in mainland China, expanding its product lines into luxury womenswear and menswear. In 1998 and 1999, Shanshan […]

Jalal Kamani, brother of one of the Boohoo.com founders Mahmud Kamani, has gifted 30 million ordinary shares to a trust established for the benefit of his adult children. The company said in a statement: “Boohoo.com has been notified of the following dealing in the company’s ordinary shares of 1 pence […]

Swiss undergarment company Calida is set to acquire more shares from French sportswear brand Lafuma, increasing its participation to 87.7 percent of the shares. The shares were bought from CDC Entreprises Elan PME, which held 8.54 percent of the company’s capital, at the price of 17.99 euro (15.78 pounds) […]

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