The online fashion startup strengthens its marketing division with the acquisition of the company CuriosityChina, an agency specialized in amplifying premium and luxury brands through digital platforms in China. The London-based firm seeks to strengthen its commitment to new technologies while raising […]

VF Corporation, for its first quarter ended June 30, 2018, reported revenue increase of 23 percent or 21 percent in constant dollars to 2.8 billion dollars, including a 249 million dollars revenue contribution from the Williamson-Dickie, Icebreaker and Altra acquisitions. Excluding acquisitions, the […]

London-based luxury marketplace Farfetch is set to buy the Chinese digital marketing agency CuriosityChina, according to news agency Bloomberg. The operation reflects Farfetch’s plans to boost its presence in the Chinese market even more, after invested 397 million US dollars in the company last […]

The Hermès Group said that its consolidated revenue amounted to 2,853 million euros (3,323 million dollars) in the first half of 2018, up 11 percent at constant exchange and 5 percent at current exchange rates. The company added that it witnessed strong store sales growth 11 percent at constant exchange […]

Performance lifestyle brands Hoka One One, Sanuk and Teva under Deckers Brands, have joined hands with Camber Outdoors as corporate partner. The company said that Camber Outdoors works with companies to accelerate equitable and inclusive workplaces so that a diversity of experiences and people drive […]

Kinnevik’s NAV increased by 3 percent to 96.4 billion Swedish krona (10.8 billion dollars), or 350 Swedish krona (39.3 dollars) per share, in the second quarter, which the company said, was driven mainly by a positive development in Zalando and Tele2. The value of its private assets increased slightly […]

American shoe maker Skechers said on Thursday its Q2 net profit for 2018 fell by 23.9 percent, while revenues increased by 10.6 percent from the same period last year. Hover over the graph to learn more. The company’s net profit for Q2 2018 was 45.3 million US dollars, down from 59.5 million US dollars […]

The luxury fashion designer, Diane von Furstenberg, is the latest name in fashion to ban mohair from future collections, according to a statement by animal rights organization PETA. More than 240 apparel companies -- including H&M, Gap, Inditex and Asos -- have pledged to stop using the material since […]

Heartland A/S, the investment company owned by Besteller A/S, has acquired a double-digit stake in the German e-commerce platform About You GmbH. The investment is part of a financing round of around 300 million US dollars (approximately 230 million pounds or 227 million euros). About You was founded […]

OPINION Another fashion company that intentionally destroys its goods: Burberry announced in its current annual report that it destroyed finished goods worth 28.6 million pounds (32 million euros) in the financial year 2017/18. Destroying one's own products is a desperate step, but above all, it shows […]

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