Otrium, an online outlet store for fashion brands, said on Wednesday it had raised $120 million from investors as it launches in the US and develops its platform for trading items left unsold at the end of the season.
Brunello Cucinelli, who opened the famed Florentine trade fair Pitti on Tuesday, is fashion's resident philanthropic designer entrepreneur. One of fashion's busiest men discusses his idea for a new social contract.
As the world continues to deal with the mega-shock that the pandemic has delivered the fashion sector continues to deliver surprises too with the latest on Thursday being a report that Adidas is planning to sell Reebok.
Hong Kong-based sourcing giant Li & Fung has appointed Joseph Phi as group CEO, working alongside newly appointed Executive Chairman Spencer Fung. Phi takes over from Marc Compagnon, group CEO since 2014.
A group of fashion CEOs, retailers and designers, including luminaries like Dries Van Noten, Tory Burch and Craig Green, have called for a major rethink in fashion deliveries and greater sustainability in an open letter.
Students from the International Institute of Fashion Design will showcase a collection on the runway in New York on February 7, at the ‘Vibrant India’ event go promote Indian student design talent abroad.
Shira Sue Carmi, the former president of Mansur Gavriel, has just been named CEO of Altuzarra. The New York-based company was formerly run by Karris Durmer, who has left to join Scotch & Soda’s American branch.