Lycra appoints new CEO The Lycra Gary Smith – The Lycra Company Smith will replace Dean Williams, who has served as acting CEO since August. Williams will continue in his role as chief financial officer and assist with the transition.…
Zara owner Inditex’s suppliers to buy 2,000 tons of fibre recycled from cotton waste By Reuters API ZaraInditex Renewcell is one of the world’s first commercial-scale textile-to-textile recycling factories that helps clothing retailers replace virgin fibres with recycled textiles. It…
Dick’s Sporting Goods names new EVP, stores Dick’s Sporting Goods announced that Ray Sliva will join the company as executive vice president, stores, effective January 3, 2023. Dick’s Sporting Goods names Ray Sliva EVP of Stores. – Dick’s Sporting Goods…
Primark to cut 400 management roles, won’t raise prices Primark Photo, Sandra Halliday Despite reporting a return to strong sales over the Christmas period, the value fashion and lifestyle retailer is having to offset the high costs related to Covid…
FatFace Christmas sales look good, both women’s and men’s prove strong Fashion and lifestyle retailer FatFace has reported Christmas sales up a hefty 34% as both digital and stores did well in the five weeks to 7 January. FatFace For…
Swedish firm Bjorn Borg’s net sales soar 5% in Q3 FY23 By Fibre2Fashion Sweden’s Bjorn Borg A notable area of growth was in the company’s own e-commerce and e-tailers segment, where sales surged by 15 per cent to SEK 95.6…
Mango launches ‘Lisa’, a conversational generative AI platform Translated by Roberta HERRERA Mango The ‘Lisa’ platform aims to assist employees and partners – Mango The primary objective of Lisa is to streamline processes, spanning from the development of fashion collections…
Montserrat New York pops up at Bloomingdale’s Montserrat New York has teamed up with Bloomingdale’s for its first-ever retail launch. Montserrat New York pops up at Bloomingdale’s. – Montserrat New York In particular, the brand is popping up in the…
French fashion house Patou partners with Fairly Made By Fibre2Fashion Patou is the first luxury brand to team with green tech startup Fairly Made, which has worked with LVMHStation F The startup evaluates and scores the entire sourcing and production…
Marketplaces: A promising strategy to counter inflation’s impact Translated by Roberta HERRERA The year 2022 witnessed a widening gap between the growth of brand websites and marketplaces, according to the Enterprise Marketplace Index by Mirakl, a French specialist in creating…
