Frasers Group has bought another company with the purchase of designer fashion retailer Psyche for an undisclosed sum. The company has a 40,000 sq ft shop in Middlesbrough, and a webstore, and employs 58 people in total.
Walmart Inc, which is looking to invest in TikTok, said on Thursday it would partner with the Chinese-owned video-sharing app to sell items seen on a livestream by creators featuring the retailer's fashion merchandise.
HanesBrands, a US-based global marketer of branded everyday basic apparel, reported only a 1.3% decline in its net sales to $1.73bn during Q2, and net income for the quarter rose to $161.8m from $149.5m.
Finally, after 15 weeks of runway confinement, Etro staged fashion’s first, proper, live fashion show in Milan on Wednesday before a real – and not virtual – masked audience practising social distancing.
The retail giant has unveiled ‘Personal Shopper by Prime Wardrobe', a styling service for Amazon Prime members that will see them offered a personalized selection of fashion pieces from across its womenswear selection.
Dollar Industries Limited witnessed a 21 percent rise in its net profit to Rs 23 crore ($3.3 million) for the fourth quarter as compared to Rs 19 crore it had posted during the same period last fiscal.