Articles by Caitlyn Terra
Puma and textile innovator Spinnova join forces
loading... - Fashion
Sports brand Puma and textile innovator Spinnova have entered into a partnership. It is a multi-year collaboration in which Puma promises to purchase materials from Spinnova. This enables Spinnova to keep the production of the materials stable. Puma will purchase Spinnova's wood fiber material and use it in future collections. This mainly...
Zalando intends to take over About You
loading... - Business
Zalando intends to make an offer for e-tailer About You. Both Zalando SE and About You's parent company, the Otto Group, have confirmed the planned acquisition. Zalando aims to acquire 100 percent of About You's shares for 6.50 euro per share. Summary • Zalando plans to acquire 100 percent of About You's shares for €6.50 per share. • Key About...
Foot Locker introduces a new store concept in Benelux
loading... - Retail | In pictures
Sports retailer Foot Locker is rolling out a new store concept. The Reimagined store concept has been introduced at the store in the Hoog Catharijne shopping centre in Utrecht. The concept 'sets new standards for the shopping experience in modern sneaker culture', according to the press release. Worldwide, it is the third store with this concept...
Julian Klausner appointed as creative director at Dries van Noten
loading... - People
The word is finally out: Fashion house Dries van Noten has appointed Julian Klausner as its new creative director. In this position, Klausner will design both the women's and men's collections for the Belgian luxury brand. The designer is already well-known to the fashion house, having worked at Dries van Noten since 2018. Prior speculation that...
Sustainable water management: Jeanologia, Aitex and Pizzaro SA unveil closed-loop system
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Managing and reusing the textile industry's wastewater? Life Anhidra - a project by Jeanologia, Aitex (Textile Industry Research Association) and Portuguese textile company Pizarro SA - now makes it possible to have a closed-loop system for wastewater without discharges. The aim of the innovation is to reduce the environmental impact of the...
Lululemon Athletica Inc. sees revenue rise 9 percent in Q3
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Sports and lifestyle brand Lululemon saw its revenue increase by 9 percent in the third quarter. The company (officially called Lululemon Athletica Inc.) recorded a turnover of 2.4 billion dollars. The company saw the biggest growth in international net sales, which increased by 33 percent. Sales in the Americas as a whole (North, Central and...
Victoria's Secret & Co. sees brighter picture: raises annual forecast
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Lingerie group Victoria's Secret & Co. reported a 7 percent increase in sales in the third quarter. The positive figures prompted the company to raise its expectations for the full fiscal year. The company reports net sales of 1.34 billion dollars for the third quarter. Converted, this is 1.27 billion euros. The result achieved is higher than...
Pierre Cardin and Ahlers AG fined 5.7 million euros
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French fashion house Pierre Cardin and its largest licensee Ahlers AG are to be fined 5.7 million euros by the European Commission for anti-competitive agreements. Pierre Cardin must pay an amount of 2.23 million and Ahlers AG 3.5 million euros. The European Commission reported that between 2008 and 2021, the two concluded several...
Dutch fashion retail sees 6 percent increase in turnover for October
loading... - Retail
Fashion retailers operating in the Netherlands reported a turnover increase of 6 percent in October, according to a report by the country's local data platform, INretail Fashionpanel. During the month, the number of transactions was 5 percent higher and the number of items sold was 3 percent higher. For the first 10 months of 2024, cumulative...
Blue, Green, Repair and other 'Fridays': The alternative to Black Friday is becoming increasingly varied
loading... - Retail | Overview
The counter-narrative to Black Friday is starting to take on more and more different forms. The inbox is flooded with messages about Green Friday, but now Repair Friday, Blue Friday, Favorite Friday, Swap Friday and No-Fomo Friday are also joining them. Green Friday at Xandres Perhaps the most well-known term to choose a counter-voice for Black...