Discount luxury e-tailer The Sweaty Betty designer Tamara Hill-Norton, CEO of N Brown PLC Sarah Welsh, and BrandAlley have all made investments in the upscale secondhand marketplace Sign of the Times in London. According to a statement from Sign of the Times, BrandAlley contributed 50% to the funding round. As part of the deal, they …
BrandAlley makes a fresh investment in Sign of the Times Read More »
Shawn Curran, who worked at Gap Inc. for more than 30 years, has been named Under Armour’s new chief supply chain officer. Throughout his career, Curran held a variety of positions at Gap Inc., including Chief Operating Officer and Head of Global Supply Chain for all seven Gap Inc. brands. His most recent position was …
A former employee of Gap is appointed chief supply chain officer of Under Armour Read More »
To draw high-end clothing and accessory merchants, Vinted, a Lithuanian second-hand expert, has announced the launch of product verification services for items costing more than €100. This system is the product of several months of testing. For buyers of qualifying items, the service is an optional add-on that costs € 10. Vinted claims that competent …
Vinted introduces their service for product verification Read More »
A startup called Stylitics, which applies AI technology to the fashion industry, has introduced new tools for retailers and brands to provide customers with a more individualized buying experience. Two products that provide inspirational, expertly selected outfit recommendations based on customers’ prior purchases and viewed items will be included in the initial release. “Styled for …
As countries around the world work to fulfill the rising demand for textiles and apparel, the worldwide knitting machine sector is expanding significantly. According to a survey published by IndexBox, Turkey became the undisputed leader in knitting machine imports in 2022, with an astounding import value of US $ 105.7 million. This accomplishment can be …
Turkey is notable as the leading importer of imported knitting machines Read More »
As part of its ‘Anything but Ordinary’ campaign, Marks & Spencer has debuted its first menswear-specific advertising since 2015. Reaching out to a new and younger audience as well as bringing back its style offer to “lapsed” customers are all part of its plan to “challenge existing male perceptions” and engage with them. A thorough …
In eight years, M&S debuts its first solely focused menswear campaign Read More »
Primark, a low-cost clothing, and home goods retailer is expanding internationally in the US by opening new locations at Smith Haven Mall in Lake Grove, New York, and Concord Mills in Charlotte, North Carolina, the following month. Primark’s value fashion trends and essentials for the entire family, as well as home goods and beauty products, …
Primark continues its US launch in North Carolina and New York Read More »
According to INDEXBOX, the import price of synthetic yarn per tons (CIF, United Kingdom) was $8,289 in June 2023, a minor decline of 1.50 percent from the previous month. The import price showed a rather constant trajectory during the study period. The largest price gain happened in August 2022, when there was a notable 26% …
UK import costs for synthetic yarn averaged $8,289 per ton! Read More »
Uber and the Australian Red Cross have teamed up to organize a convenient and cost-free pre-loved clothing collecting drive scheduled for Saturday, October 21. Through a scheduled Uber delivery, this project enables Australians to give up to 20 kg of unwanted clothing to the Australian Red Cross. The program, which is expected to collect over …
For a clothes drive, Uber collaborates with the Australian Red Cross Read More »
Overtaking founder Mahmud Kamani, retail magnate Mike Ashley’s Frasers Group has surpassed the online clothes store Boohoo as the company’s largest stakeholder. According to regulatory documents, the parent company of Sports Direct, Flannels, and House of Fraser, Frasers Group, raised its ownership of Boohoo from 10.4% to 13.4%. This transaction follows Frasers Group’s original purchase …
In the midst of market troubles, Frasers group becomes Boohoo’s largest stakeholder Read More »