Swedish sportswear brand Björn Borg has reported a 6% increase in net sales for the first half of fiscal year 2023, reaching SEK 518 million (approximately $49.7 million).. **Key Financial Highlights:**. * Net sales grew by 6% to SEK 518…
**New Balance and Golden Goose Dispute ‘Dad Shoe’ Designs**. **The ‘Dad Shoe’ Trend**. The ‘dad shoe’ trend has taken the fashion world by storm in recent years, with chunky, retro sneakers becoming a must-have item for both men and women.…
**Hibbett, a leading athletic-inspired fashion retailer, has reported mixed results for its second quarter (Q2) and first half (H1) of fiscal 2023.**. **Q2 Sales Decline**. Total sales for Q2, which ended on July 30, 2023, decreased by 3.7% to $465.5…
**True Capital Acquires Bench and Nicce-Owner Apparel Brands**. True Capital, a private equity firm focused on acquiring and growing businesses, has announced the acquisition of two leading apparel brands, Bench and Nicce.. **Bench**. Bench is a popular Filipino clothing brand…
**AI-Powered Counterfeiting at Core of US Accusations Against Shein**. **Shein, a Chinese fast-fashion retailer, has come under fire from the US government and industry groups for allegedly using artificial intelligence (AI) to counterfeit designs from other brands.**. The accusations, which…
As the leaves start to change color and the temperatures begin to drop, it’s time to start thinking about updating your wardrobe with some new fall jackets. This season, there are a plethora of stylish and versatile jackets to choose…
**Macy’s Embarks on New Era with Smaller Stores in Key Locations**. **New York, NY – March 8, 2023** – Macy’s, the iconic American department store chain, has announced the grand opening of its first small-format stores in the Northeast and…
**Elon Musk has said that bot armies on Twitter will be removed .
**London -** British retail group Frasers Group, which acquired a 5.1% stake in Asos in April, has increased its shareholding in the online fashion retailer to 19.3%.. The group, controlled by Mike Ashley, acquired a further 11.1 million shares in…
**Intro** Silicon Valley has long been the epicenter of the tech industry, attracting talent and innovation from around the world. However, this influx of workers has put a significant strain on the region’s housing market, making it increasingly difficult for…
