Russia exit dents H&M in Q3, but it sees September upturn H&M H&M But looking specifically at the third quarter, the Russia move had a much bigger impact with the result that while net sales rose 3% to SEK57.45 billion,…
Swiss firm Archroma to acquire Textile Effects business of Huntsman By Fibre2Fashion Archroma, a global leader in sustainable specialty chemicals and solutions and a portfolio company of the US-based private investment firm SK Capital Partners, has announced it has entered…
Walmart denies considering a UK marketplace to rival Amazon A report on Thursday suggested that Walmart could be planning to one day launch an e-commerce marketplace in the UK that could rival the dominance of Amazon Walmart The former owner…
Naomi Campbell stars in H&M’s AW22 campaign H&M H&M She plays “the Parisian fashion insider, who is joined at Brasserie Hennes by inquisitive tourist, model Jill Kortleve, who just landed in the fashion capital. Coffee in hand, Campbell and Kortleve…
Diesel names Eraldo Poletto new global CEO DieselEraldo Poletto Eraldo Poletto – Diesel “Diesel, an OTB Group brand, today announces a top management reorganization. Eraldo Poletto will be appointed Global CEO of the brand,” the house said in a terse…
Metaverse years from being global phenomenon, says pioneer By AFP Big brands are rushing to the metaverse but the path to profit is still unclear and mass adoption may be years away, one of the sector’s biggest players, Sebastien Borget,…
Pound plunge means even higher prices for UK consumers, says McKinsey By Reuters API British consumers are likely to face a further hike in prices of clothing and homewares following the pound’s plunge against the dollar, consultants McKinsey The majority…
Allbirds opens two new locations in Chicago, Nashville Sustainable footwear and apparel brand Allbirds Allbirds Green Hills Store Front. – Allbirds On Monday, it opened a new retail store and community center in Fulton Market marking the brand’s third store…
Fila soars in China By Ansa Translated by Nicola Mira Italian-born sportswear label Fila Fila – @antasport The rapid growth of the Chinese sportswear market and the strength of the local supply chain have enabled Fila to turn from loss-making…
Rocky Brands names new chief operating officer Rocky Brands, a designer, manufacturer and marketer of footwear and apparel, announced on Thursday the appointment of chief financial officer Tom Robertson to the newly-created position of chief operating officer. Rocky Brands names…
