Miscellaneous
The latest news
Dormant stocks: Evolution and limits of the unused materials market
Unused fabric inventory is now being increasingly taken into consideration by designers, brands and major labels, as some French start-ups active in the growing dormant stocks sector have told FashionNetwork.com.
Fashion
Inditex's growth strategy: Efficiency, profitability, and responsible expansion
On the occasion of the presentation of Inditex's financial results for 2023, the CEO of the Galician conglomerate shed some light on the past fiscal year and unveiled its schemes for future expansion.
Fashion
Gucci dedicates a documentary to Sabato De Sarno for the launch of his first collection
Kering's flagship label is celebrating Gucci Ancora, the first collection designed by Sabato De Sarno, with a series of initiatives including a documentary dedicated to its creative director.
Fashion
Pepperfry launches Career Reboot Program to empower women
Homeware, accessories, and lifestyle brand Pepperfry has launched a ‘Career Reboot Program’ with the aim of enabling women to reenter the workforce following a career break by offering them part-time work.
Fashion
Uniqlo launches campaign with Katrina Kaif
Global apparel retailer Uniqlo from Fast Retailing Co Ltd has launched its spring/summer 2024 campaign for the Indian market titled ‘Summers are for Linen’ with actor Katrina Kaif.
Fashion
Primark looking to expand click & collect trial
Clothing retailer Primark is set to expand its click & collect trial into more stores and possibly to markets beyond Britain, its boss said on Wednesday.
Fashion
Ecoalf, led by sustainability, targets €150 million annual revenues
A decade ago, sustainability in fashion meant a flimsy PR release about not being fast fashion. Now, a brand like Ecoalf can create a whole environmentally friendly eco-system and turn it into a proper business model.
Fashion
Zara owner Inditex's profit rises 30% to 5.4 billion euros in 2023 on bet on upmarket fashion and competitive prices
Zara owner Inditex said on Wednesday its net income for 2023 rose by 30% to 5.4 billion euros ($5.9 billion) as the fast-fashion giant bet on upmarket shoppers and offered more competitive prices than rivals such as H&M.
Fashion
Mango sets goals for 2026: €4 billion in revenue and 500 additional stores
CEO Toni Ruiz, CFO Margarita Salvans, and retail director César de Vicente outline Mango's strategic growth and consolidation plan for the next three years.
Fashion
Vishal Mega Mart planning $1 billion IPO, sources say
Vishal Mega Mart is planning a $1 billion initial public offering that would value the budget supermarket chain at up to $5 billion with some of the proceeds earmarked to add stores.
Fashion
Mango closes 2023 with record sales of €3.103 billion, doubling its profit
The company helmed by Toni Ruiz has concluded a "historic year," marking a 15% surge in sales and doubling its net profit to €172.1 million. Looking towards 2026, it has unveiled a new strategic plan.
Fashion
Balmain salutes its marketing director Txampi Diz
The luxury label owned by Qatari fund Mayhoola has announced the departure of Txampi Diz, its marketing director since 2017, who wishes to pursue other projects. His replacement has not yet been appointed.
Fashion
Investors push Zara owner Inditex to publish full supply chain
Investors want Zara owner Inditex to follow rivals H&M and Primark in making its full list of suppliers public so they can better assess any supply chain risks.
Fashion
Chanel buys French clothing group JY BH
The Parisian luxury fashion house is boosting its production capacity by acquiring the four garment-making workshops of its long-standing partner, the French group JY BH.
Fashion
Spain's Mango clothing chain ramps up global expansion
Spanish fashion retailer Mango, founded 40 years ago in Barcelona, is ramping its global expansion despite economic uncertainties that have shaken some other global mass-market apparel giants.
Fashion
Puig reports €465 million profit in 2023, up 16%, sets record sales for third consecutive year
Puig's sales reached €4.3 billion last year, up 19% from 2022, with double-digit growth across all segments and geographic areas.
Fashion