Amazon wins EU antitrust nod for $8.5 billion MGM acquisition By Reuters API Amazon The European Commission said the deal would not pose competition concerns in Europe, confirming a Reuters story on March 9 – Reuters The European Commission said…
Trade shows back with renewed verve during Paris Fashion Week Translated by Nicola Mira Parisian trade shows are back with renewed verve. Tranoï will be held once again at the Palais Brongniart venue, and Première Classe‘s forthcoming edition promises to…
Moda and Pure London owner reports faster-than-expected recovery Faster and better than expected. That’s the recovery story from events specialist Hyve Group in its 2022 interim update on Tuesday. And the Pure Hyve Group Hyve said it’s enjoying a continued…
Mr Porter’s Mr P own-label launches eco knitwear Mr P, the own-label brand from online menswear retailer Mr Porter Mr Porter Underpinning its commitment to “designing for circularity and sustainability”, the retailer has launched a 36-piece “carefully crafted” line made…
Shopify shareholders give CEO 40% voting stake Shareholders of Shopify Reuters The company, which in May reported its slowest quarterly revenue growth since going public in 2015, will also carry out a 10-for-one split of the company’s class A and…
American Eagle earnings in for a hit from hefty freight costs By Reuters American Eagle Outfitters In the fourth quarter ended Jan. 29, total net revenue increased 17% to $1.51 billion – American Eagle The apparel chain said it used…
Singer and swimmer Cody Simpson launches apparel Australian singer and swimmer Cody Simpson is set to launch his own sustainable clothing line with fashion agency Slyletica. Cody Simpson to launch sustainable apparel line. – Instagram: Cody Simpson Dubbed ‘Prince Neptune:…
JD Sports’ Peter Alecock joins Joe Browns as CEO Joe Browns has announced that Peter Alecock has joined it as CEO with immediate effect, taking the reins from founder Simon Brown who remains in a key role with the firm.…
Technology becomes essential for managing luxury and fashion supply chains Translated by Roberta HERRERA The luxury and fashion industry has been shaken up by a series of crises for more than two years. Various economic and structural factors are forcing companies to review their supply…
Higher gasoline prices flatter U.S. retail sales; consumers remain resilient U.S. retail sales increased solidly in March, boosted by record- high gasoline prices, but consumers are starting to feel the pinch of high inflation, with online spending posting back-to-back declines…
