Traceability: Lectra takes control of Dutch specialist TextileGenesis Translated by Nicola Mira French industrial intelligence solution provider Lectra Shutterstock In early January 2023, Lectra will acquire a 51% stake in TextileGenesis for €15.2 million. The remainder of TextileGenesis’s capital and…
Paris to host “On the Roads to Samarkand, Wonders of Silk and Gold”, an exhibition dedicated to Uzbekistan Translated by Nicola Mira The majority of the items showcased at the Institut du Monde Arabe (the Arab world institute) in Paris,…
L Catterton invests in plus-size brand BloomChic Investment giant L Catterton L Catterton invests in plus-size brand BloomChic. – BloomChic The investment is expected to position BloomChic to embark on its next stage of growth and further realize its vision…
The political stance, a new paradigm in fashion? Emerging over the last decade, brand activism has become an unavoidable theme since the beginning of the decade and the Black Lives Matter movement in the US. Previously, the vast majority of…
Levi Strauss gives upbeat 2023 sales outlook as demand holds up By Reuters Levi Strauss & Co Levi’s Shares of the denim maker jumped more than 6% in extended trading after it also topped fourth-quarter sales and profit expectations and…
U.S. consumer confidence rises as Americans shrug off bank failures By Reuters U.S. consumer confidence unexpectedly increased in March despite recent financial market turmoil sparked the collapse of two regional banks, but Americans continued to expect inflation to remain elevated…
PLBY Group sales growth strong in 2022, earnings take hit PLBY Group announced on Friday revenues for the full year 2022 grew 8% to $266.9 million, coinciding with net losses widening for the 12 months ending December 31. Honey Birdette The…
Allbirds reveals management promotions AllbirdsJoseph DR Prior to the promotion, the pair served as Allbirds’ chief brand officer and chief technology officer, respectively. Ridley joined Allbirds in early 2022 from Adidas Concurrent with Ridley’s promotion, co-CEO Tim Brown will expand…
Abercrombie sees better holiday-quarter sales, posts surprise profit By Reuters Abercrombie & Fitch Abercrombie & Fitch The Ohio-based apparel retailer’s shares that have lost nearly half of their value this year were up about 19 percent after the company also…
Luís Carvalho partners with French Kaporal in upcycling collection Translated by Cassidy STEPHENS Portuguese creator Luís Carvalho has just unveiled his latest collaboration. After collaborating with brands like Tashi and SalsaKaporal The Luís Carvalho X Kaporal capsule collection gives a…
