NBA owners Blitzer, Plotkin bet on menswear brand Rhone By Bloomberg Billionaire Blackstone Rhone They are part of a consortium that acquired a roughly 29% stake owned by private equity firm L Catterton Plotkin, who led a group that bought…
Abercrombie & Fitch drops collaboration collection with Harlem’s Fashion Row participant Nicole Benefield Abercrombie & Fitch In a first for the retailer, the collaboration involves tapping Nicole Benefield, a designer who bowed at the agency known not only for its…
Modo Eyewear expands global footprint of Modo, Eco brands, deploys charity initiatives Translated by Nicola Mira Modo Eyewear has been designing, manufacturing and distributing glasses frames since 1990, when it was founded in New York, and currently owns two brands,…
ThredUp sets up a hotline to ‘help young people overcome their addiction to fast fashion’ By AFP-Relaxnews A hotline has just been set up in the United States to support young consumers in their efforts to stop buying disposable fashion,…
Iconic aughts streetwear brand Baby Phat returns It’s hard to believe that almost a quarter century has passed since brands such as Fubu, Sean Jean, Enyce, Rocawear, Karl Kani, Phat Farm, and its famous sister Baby Phat were some of…
Kohl’s slashes 2022 forecasts as inflation squeezes demand By Reuters Kohl’s Kohl’s The US department store chain joined top retailers including Target The demand slump has left several retailers with bloated inventories, forcing them to offload excess stocks through steep…
Tendam surpasses €600 million in the first half of the year and boosts Ebitda by 8.2% Translated by Roberta HERRERA The Tendam Group achieved revenues of 606.2 million euros during the first half of its fiscal year, spanning from March…
Cat Footwear in first-ever Harris Tweed collab Heavy-duty outdoor brand Cat Colorado 2.0 Harris Tweed As one of the world’s most durable, sustainable and world-renowned fabrics, Harris Tweed “is the perfect material to elevate Cat Footwear’s most recognised rugged lifestyle…
Ecco reboot includes Natacha Ramsay-Levi link-up Danish footwear specialist Ecco is celebrating its 60th birthday this year and said it’s looking “to the future, entering a new era with a new creative vision”. And that means a reboot in a…
PayPal sued in US consumer case over ‘industry-high’ transaction fees By Reuters Payments giant PayPal was hit with a consumer antitrust lawsuit on Thursday in San Jose, California, federal court for allegedly fashioning agreements with e-commerce merchants that artificially maintain…
