Fashion

Vestiaire bans fast fashion brands 

This is in support of the circular fashion economy.
5 days ago

Vestiaire bans fast fashion brands 

This is in support of the circular fashion economy.
5 days ago

Mash may expand luxury brand Gelato Pique after Bain Capital deal

The Japanese apparel maker was recently bought by US-based Bain Capital Private Equity. 
6 days ago

Bain Capital to buy majority stake in Japanese apparel maker Mash 

Fashion brands under Mash include Gelato Pique, Snidel, and Fray I.D.
6 days ago

Havaianas Asia Pacific pledges to recycle 10% of flip-flops sold

This will be executed through its ReCycle stations.
6 days ago

Luxury market’s last quarter growth hinges on China’s reopening

It will also be boosted by consumer confidence in Europe and America.

Yeezy termination drags adidas 2022 outlook

The company ended the Yeezy partnership in October. 

adidas AG appoints new CEO

Bjørn Gulden will assume the post in January 2023. 

Partygoers are ditching suits and formal dresses

Only 25% prefer wearing formal attire at events.

Rising costs to drive secondhand fashion: report

The apparel resale market to grow 85.5% between 2022 and 2026. 

UNIQLO International operating profit rises 42% in 2022

Its Europe and US markets particularly saw a large improvement.

Nike’s net income stumbles 22% in Q1 2023

Its net income stood at $1.46b in the three months ending in August 2022.

International borders reopening to boost HK’s luxury market

Hong Kong is home to a large number of global luxury retailers. 

Tech adoption in luxury goods industry accelerates: report

This enhances customer engagement and operational performance amongst others.

L’Oreal net profit climbs to €3.22b in H1

This is up from €2.36b in the same quarter last year. 

adidas CEO steps down

CEO Kasper Rorsted will hand over the position through the course of 2023. 

Reliance Brands ‘well positioned’ to tap India’s luxury apparel market

The company recently partnered with Balenciaga amongst other high-end brands. 

Reliance Brands brings Balenciaga to India

The company will be the sole India partner of the luxury brand in India.