Despite the falling sales performance registered in the first quarter of the new fiscal year, Tapestry says it is pleased with the achieved results, which are above the company's expectations
With the world moving into the digital sphere at a fast rhythm more and more businesses are being made online. This is well known for Business to Consumer, but is also the case for Business to Business connections, as different parts of the supply chain get connected via B2B marketplaces
The role of digital in our lives has increased significantly in the last few years and COVID-19 made us all focus attentions to this arena to continue with meetings and businesses while restrictions and limitations to movements were in place. In this scenario, do you know what B2B marketplaces are? Do you understand their importance for the fashion industry?
One of the leading online platforms for fashion and lifestyle has raised its outlook for the 2020 financial year after registering exceptionally strong and profitable growth in the third quarter
The UK-based handbag and accessories retailer has been hit particularly hard by COVID-19. When announcing last year's results, Mulberry confirmed a 10% decline in revenue
According to the ranking World’s 50 Most Marketed Brands powered by Hookit, Nike derived 461.9 million US dollars in total sponsorship value from nearly 12 000 promoters and 5.56 billion social media engagements in the 12 months through August 2020
Customers can now shop and trade in pre-owned, or second-hand, fashion directly on the Zalando platform. The new service is being launched in a reduced number of markets for now. If successful it can be expanded to other countries
According to both entities the aim of the new partnership is to work on building a united platform for the retail and supplier community, within the fashion category of footwear, apparel, and accessories
In the first half of the year, LVMH Moët Hennessy Louis Vuitton recorded revenue of 18.4 billion euros in the first half of 2020, down by 27%. Net profit was down by 84% in the period. However, the group already witness recovery in China
A group of US-based footwear, apparel, retail and fashion industries associations have issued a statement regarding the issues around suspects of forced labour in parts of the supply chain
Some US states such as California and Oregon are bringing back orders to lockdown as new cases of people infected with coronavirus continue to climb. Consumers in badly hit areas might not feel comfortable to visit stores
The BrandZ top 100 ranking of the world’s most valuable brands, released by WPP and Kantar, listed the Germany-based brand as number one brand in the apparel category. Nike is followed by European-based brands Zara and adidas
As a result, the retailer expects to close a significant portion of its brick-and-mortar stores. Company expects to fully repay approximately 12.7 million US dollars in remaining loan outstanding