Clothing brand Saltpetre has launched a range of new products made from fabric offcuts to reduce waste in its production cycle. The brand is also expanding its personal care line and launched a loungewear collection.
China's top e-commerce platform Alibaba Group Holding Ltd on Thursday posted its first quarterly operating loss since going public in 2014 due to a record anti-monopoly fine by the country's market regulator.
Italian fashion group OTB has added two new members to its board of directors. They are Arabella Ferrari of Intercos and Carlo Purassanta of Microsoft, who will contribute their know-how in the beauty and IT sectors.
Italy's Tod’s could further strengthen its ties with LVMH but there are no ongoing talks and no decision has been made, a top Tod’s executive said after the French giant increased its stake in the group.
Digital payments and e-commerce business Paytm is set is attain a 7% stake in Japanese QR code-based payments business PayPay after it was given a call option to convert its holding into shares two years ago.
As Tranoï and the French Fashion Federation join forces, and Who’s Next and Mode & Objet confirm their dates, French trade shows are preparing their return, after cancelling several editions due to the pandemic.