Fashion brands adapting to merchandising shifts can gain: McKinsey By Fibre2Fashion Fashion companies that adapt to shifts in the industry’s merchandising model can create a competitive advantage, according to McKinsey Libre2Fashion For that reason, many companies are seeking out new…
The Bay names Sophia Hwang-Judiesch as president The Bay named on Wednesday Sophia Hwang-Judiesch as president of The Bay and Hudson’s Bay The Bay names Sophia Hwang-Judiesch as president. – The Bay In September, Hwang-Judiesch was appointed president of Hudson’s…
How carbon emissions are now being used to make sneakers By AFP-Relaxnews Forget polluting materials and oil-based resources, Swiss sports brand On presents a pair of running shoes made from carbon emissions. This is achieved thanks to a combination of…
Target’s holiday forecast squeezed by ‘stressed’ consumers, shares fall 17% By Reuters Target Target Shares of the big-box retailer fell more than 17 per cent in early trading after it also said an early start to holiday season promotions and…
Adidas cuts 2022 outlook on weaker demand, Russian exit By Reuters API German sporting goods maker Adidas Reuters The company now expects currency-neutral revenues to grow by a mid-single-digit percentage in 2022, down from a mid- to high-single-digit percentage forecast…
Nearly half of Meta job cuts were in tech, reorg underway By Reuters API Facebook owner Meta Platforms told employees on Friday that it would stop developing smart displays and smartwatches and that nearly half of the 11,000 jobs it…
Laura Ashley heads to 70th anniversary after year in which UK sales soared Laura Ashley Laura Ashley The reviving print-focused heritage brand said it has seen a “bumper year that saw its UK retail value increase by 27%”. That rise…
Amazon, NY attorney general call off COVID-19 litigation By Reuters Amazon In a filing, Attorney General Letitia James agreed not to seek review of a May state court decision that had found federal law preempted her claims that Amazon violated…
Skechers taps Ashley Park for new campaign Skechers Skechers taps Ashley Park for new campaign. – Skechers As part of the campaign, Park, who is currently seen in the hit Netflix series Emily in Paris, executes an original song and…
Podcast: Lucie Soulard of Place2Swap discusses tech innovation in second-hand market with Godfrey Deeny Translated by Nicola Mira Helping fashion labels expand in the second-hand market, bypassing third-party intermediation sites like Vestiaire CollectiveVintedGodfrey DeenyFashionNetwork.com Luxurynsight X FashionNetworkEp 55: Lucie Soulard…
