French luxury resale platform Vestiaire Collective has raised 40 million euros (approximately 45 million US dollars or 35.5 million pounds) in a new financing round led by Bpifrance and new CEO Max Bittner, who joined the company in November, 2018. Existing shareholders Eurazeo Growth, Vitruvian Partners, […]

Imran Khan, former Chief Strategy Officer at Snapchat, has launched a new online shopping platform alongside his wife, Cate Khan, who held senior roles at Quidsi and Amazon. Verishop offers a curated mix of designer apparel, home goods and beauty products from 160 brands including AllSaints, Levi’s […]

VF Corporation, the company behind several fashion brands including Vans, Timberland and The North Face, has teamed up with Alibaba’s retail analytics hub, Tmall Innovation Center (TMIC), to expand its offerings of apparel, footwear and accessories in China. TMIC will provide VF with data-driven consumer […]

Ambassador Retail is a New York-based consulting agency that specializes in training retail staff and turning them into ambassadors for brands and retailers. In today’s volatile retail landscape, the customer experience is enhanced by the relationship established with brand ambassadors and personal […]

China’s largest e-commerce company, JD.com has had a “record-breaking” June Anniversary Sale, with 18 days of sales resulting in 29.2 billion dollars. The impressive results from the e-commerce giant’s annual anniversary sale was due to consumers “trading up” and seeing quality, stated JD.com in a statement, […]

Demand for athletic footwear is expected to increase 3.2 percent annually in nominal terms through 2023, according to Athletic Footwear: United States, a report recently released by Freedonia Focus Reports. Population increases and projected 4.2 percent annual growth in disposable personal income levels […]

Los Angeles-based apparel manufacturer FAM Brands has acquired contemporary fashion brand Three Dots. FAM Brands assumes design and manufacturing for the menswear and womenswear label, and hired key players from the brand with the intention of reintroducing the line to its familiar customer base. Three […]

As part of its headquarter move to Colorado, VF Corporation has announced that it will be removing 52 positions at its Alameda Warranty Center in California. According to the San Francisco Business Times — who first reported the news — employees who have been cut have since been the opportunity to take […]

Three organizations representing the American fashion, accessories and footwear industry, namely the American Apparel & Footwear Association, the Council of Fashion Designers of America and the Accessories Council, have penned a letter to president Donald Trump to manifest their opposition to the proposed […]

Tamara Mellon, the direct-to-consumer luxury women’s shoe brand announced today that it has raised 50 million USD in Series C financing. In a press release from the brand, this is one of the largest rounds to date for a female-founded fashion company. The latest round in funding brings Tamara Mellon’s […]

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