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Burberry invests in supply chain and acquires Italian outerwear manufacturer

Burberry is aiming to strengthen its supply chain with the acquisition of an Italian outerwear manufacturer. The British luxury brand acquired the technical outerwear facility from Pattern SpA, a longtime supplier whose business activities include engineering and production of luxury garments. Burberry acquired the company for 21 million euros...

Mar 28, 2023

Business

American Eagle and E.l.f. Cosmetics to launch denim-inspired beauty collection

Retailer American Eagle, launches its first makeup and skin care line in collaboration with beauty brand E.l.f. Cosmetics, targeting their mutual audience Gen Z. The limited edition collection contains four denim-inspired products - an eyeshadow, a lip balm and a clay mask, ranging from eight to sixteen dollars, as well as a bag made of “...

Mar 28, 2023

Business

Fashion for Good welcomes Responsible to its 2023 Innovation Programme

With the collaborative goal to push the fashion industry towards a “more sustainable future”, the global circularity platform Responsible was selected to join Fashion for Good’s 2023 Innovation Programme, alongside 12 other startups. The programme helps innovative fashion startups to accelerate their growth over the span of nine months, focusing...

Mar 27, 2023

Business |UPDATED Featured

Fashion retailer Scotch & Soda secures rescue deal

Fashion retailer Scotch & Soda has been rescued by American brand management company Bluestar Alliance after filing for bankruptcy for its Dutch operations last week. Confirming media reports, Scotch & Soda co-trustee Erik Schuurs said the deal was “good news for quite a large group of employees at Scotch & Soda, even if, unfortunately, not all...

Mar 27, 2023

BusinessFeatured

How the Korean Wave took over the Western fashion world

Unless you have been living under a rock, you may have noticed the surge of a not entirely new form of influential figure that has been taking over the world of luxury fashion in the West. While the stars of ‘Hallyu’ or the ‘Korean Wave’ – terms referring to the rise in popularity of South Korean popular culture – have already become regulars at...

Mar 24, 2023

Business

True Religion introduces loyalty programme as part of digital-first transformation

American denim and sportswear brand True Religion has announced the launch of a new loyalty programme as it continues to implement a series of strategic initiatives to move towards becoming a digital-first, DTC brand. ‘True Fam’ aims to reward the brand’s most loyal customers with personalised experiences and exclusive perks in a bid to develop...

Mar 24, 2023

Business

Hudson’s Bay officially goes fur-free

Department store chain company Hudson’s Bay has finally gone fur free after being subject to years of pressure from the People for the Ethical Treatment of Animals (PETA). The Canadian group, which operates a series of luxury retailers, including Saks Fifth Avenue, and online platform ‘The Bay’, will implement the move throughout its entire...

Mar 24, 2023

Business

Snap introduces new solution to help businesses integrate AR

Social media giant Snap has launched a new enterprise solution designed to aid businesses in integrating augmented reality (AR) features into their owned and operated channels. The AR Enterprise Services (ARES) offer will specialise in retail companies, with the first to already have been involved being Princess Polly, Gobi Cashmere and Goodr....

Mar 24, 2023

Business

Creator marketplace Everpress awarded B Corp status

Everpress, a marketplace allowing creators to design their own t-shirts, has been awarded a B Corporation certification, recognising it for its social and environmental efforts. The platform achieved an overall score of 92 after being measured on its impact in five areas; workers & community, diversity, equity, inclusion and economic impact. In...

Mar 24, 2023

Business

Goi Goi founders reacquire retailer from JD Sports

The founders of streetwear brand Goi Goi are the latest to retake their business from JD Sports Fashion after the conglomerate put a percentage of its portfolio up for sale. Goi Goi was founded in 1987 by Anthony and Christopher Donnelly and was initially acquired by JD back in 2013 when it fell into administration. According to Drapers, the...

Mar 23, 2023

BusinessFeatured

The RealReal to wind down beauty business amid streamlining efforts

The RealReal is winding down its beauty business to focus on its luxury consignment business amid an ongoing streamlining at the US resale giant. “We’re prioritizing our efforts on growing our luxury consignment business,” a spokesperson told WWD. “With that, we have been deemphasizing the direct side of our business, including our beauty...

Mar 23, 2023

BusinessFeatured

John Lewis chair Sharon White responds to stake sale speculation

The chair of John Lewis has sent a message to customers following news the company is considering diluting its partnership structure amid continued losses. In a statement on LinkedIn, Sharon White said it is her responsibility to ensure “the partnership model not only survives, but thrives for another 75 years”. It follows a report by The Sunday...

Mar 23, 2023