Category: Fashion

With a New Owner, Von Dutch Plots a Comeback

The Y2K resurgence isn’t over yet. At least, that’s what Von Dutch’s new owners hope. Today, White Space Group, a new New York-based brand management company, announced it acquired the aughts-favourite brand, previously owned by French footwear company Groupe Royer since 2009. The acquisition cost remains undisclosed. White Space’s goal is to transform Von Dutch’s […]

Mulberry Names Andrea Baldo as CEO

Mulberry has taken a significant step by appointing Andrea Baldo, former Ganni CEO, as its new chief executive. Baldo is set to replace Thierry Andretta, who departs immediately, with Baldo assuming his role on September 1. This leadership change arrives during challenging times for the British handbag brand. Andrea Baldo is no stranger to steering […]

Adidas Set to Benefit as Nike Struggles

The success of Adidas’ low-rise multi-colored Samba and Gazelle sneakers, coupled with weaker sales at Nike, is poised to boost the German sportswear giant’s second-quarter performance. Analysts predict Adidas will achieve a profit margin of 51.4%, the highest in three years, supported by a 4.5% rise in revenue, reaching 5.6 billion euros ($6.1 billion). In […]

Ahead of IPO, Shein Pledges €250 Million to Circularity, Business in the UK and Europe

Ultra-fast-fashion giant Shein revealed plans to invest €250 million in British and European designers and circularity initiatives over the next five years. This move seeks to tackle regulatory crackdowns on “fast fashion” and gain support for a potential London IPO. Shein introduced a €200 million circularity fund targeting textile-to-textile recycling and innovation, encouraging co-investment from […]

What’s Behind Japan’s Luxury Boom?

Japan is experiencing a notable surge in luxury sales. The weak yen is a significant factor, attracting international tourists who find it cheaper to buy high-end goods in Japan than in their home countries. An Australian financier shared an instance where his wife traveled to Tokyo from Melbourne solely to purchase luxury items, which came […]

Ahead of IPO, Shein Pledges €250 Million to Circularity, Business in the UK and Europe

Ultra-fast-fashion giant Shein said it will invest €250 million ($271 million) in British and European designers and circularity initiatives over the next five years as it seeks to manage a regulatory crackdown targeting “fast fashion” and drum up support for a potential IPO in London. The disruptive Singapore-based e-tailer said Tuesday that it plans to […]

Britain’s Retailers Report Sharp Drop in Spending in Colder June

In June, British consumers curbed their spending on clothing, attributing their frugality to a colder-than-usual month. This decline reflects an overarching sentiment that adverse weather can hinder economic growth. According to Barclays Plc, retail sales dipped by 0.6% year-on-year—the first drop since the Covid-19 lockdown in early 2021. Similarly, the British Retail Consortium (BRC) and […]

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