Amazon plans to close down its online retail operations that cater to consumers in China in an apparent admission of defeat to local e-commerce rivals such as Alibaba and JD.com, a report said on Thursday. The US e-commerce pioneer will maintain other operations in China such as Amazon Web Services […]

The resale market is projected to reach 51 billion dollars in the next five years, according to a recent report from ThredUp, and fashion retailers are diving into this growing market. Last week, the H&M Group announced an e-commerce trial of secondhand sales for its & Other Stories brand, and now Neiman […]

WWD has reported that luxury Italian multi-brand store Stefaniamode has rebranded as Modes SpA as part of its re-branding strategy as the retailer works on expanding both online and offline. “In order to take on the global challenges of today’s luxury market, we wanted to ensure the company is eloquently […]

LVMH came first on Deloitte’s annual list of the world’s largest luxury goods companies once more, followed by Estée Lauder and Richemont. Kering and Luxottica switched places, with the French conglomerate moving up to the fourth position while the Italian eyewear giant fell to the fifth. The report, […]

British-based online marketplace and retailer, Wolf and Badger, which has stores in London and New York has completed a 4.5 million pound fundraise from Guinness Asset Management EIS Fund, which the retailer states will be used to “accelerate” growth. Recognised as a go-to place for independent designer […]

UPDATE What's in a name? The US Supreme Court expressed skepticism Monday over the government's argument that a clothing line named "Fuct" has chosen a name so offensive it should be refused a trademark. The nine justices are weighing a provision of US law that allows the government to deny trademark […]

Margiela owner Only The Brave, best known as OTB, is looking to acquire some new brands as the company's cash flow is growing. Business of Fashion has reported that the company is looking to invest 200 million euros over the next three years, most likely acquiring other brands. In addition to Maison […]

All the speculation that someone was trying to buy Moncler was put to rest this morning by the Financial Times who reported that no one has asked to buy Moncler, with their CEO, Remo Ruffini, saying he would like to see what happens with the company in the next three or four years. “It would seem to […]

The US Supreme Court takes up Monday the government's refusal to register a trademark by a clothing line named "Fuct," and arguments should be, well, salty. The case pits a provision of US trademark law that allows the government to deny requests on the basis of "immoral" or "scandalous" words against […]

Sustainability seems to be the redemption song nowadays that is turning from a mere buzzword into a flourishing movement. In view of the growing knowledge also among consumers that the fashion industry is most likely the second most polluting industry on the planet, any and every responsible step taken […]

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