Investment fund QuattroR has completed the acquisition of a 60 percent stake in the Italian fashion house Trussardi. In a statement, QuattroR said it will provide Trussardi with the economic and financial support needed to implement a new international development plan to relaunch the brand and strengthen […]

French luxury group Kering still has plenty of spring in its step despite cutting loose sneaker brand Puma, with Gucci grabbing the financial glamour with a profit margin nearing 40 percent. With the Stella McCartney, Volcom and Christopher Kane brands also off the books, the group saw sales soar 26.3 […]

As modest fashion rises, fashion companies catering for Muslims are catching the eye of investors more and more. Haute Hijab, a direct-to-consumer brand from New York, has just raised 2.3 million US dollars in a financing round led by Cue Ball with participation of Ludlow Ventures, Sinai Ventures, Maveron, […]

Kontoor Brands, the independent company resulting from the separation of Wrangler and Lee from VF Corporation, has announced its departure from the Argentinian market from March. “Our 200 employees in Buenos Aires have already been notified that they will no longer have a job from March”, said the company […]

Clothing service Stitch Fix has come first on a list of “250 Brands to Watch” released by IAB, the national trade association comprising more than 650 media and advertising companies. Published biannually, the list aims to reunite fast-growing consumer brands redefining the relationship between brands […]

Austrian fibre producer Lenzing has partnered with the Textile and Fashion Federation Singapore (TaFF) and recently opened a Tencel Studio in a prominent location on popular shopping destination Orchard Road to offer Singapore’s designers a hub to present themselves and make the Tencel brand more accessible […]

American athletic footwear and apparel retailer Foot Locker has announced a strategic minority investment in Goat Group, the company managing sneaker marketplaces Goat and Fight Club. A total of 100 million US dollars have been invested. "With over 3,000 retail locations, Foot Locker will support our […]

Athletic footwear and apparel retailer Foot Locker has announced a realignment of its organizational operation model into three geographical regions: Europe, Middle East and Africa (EMEA); Asia-Pacific; and North America. The company’s aim, according to a statement, is to “better align its resources […]

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