Poshmark sales lift on increased active buyers, social interactions Online resale platform Poshmark Poshmark The Redwood City, California-based company said total revenues for the quarter reached $90.9 million for the three months, compared to $80.7 million in the first quarter of…
Kontoor Brands names global head of ESG Kontoor Brands, Inc., owner of WranglerLee Kontoor Brands Appoints Mame Annan-Brown as Global Head of ESG. – Kontoor Brands Effective immediately, Annan-Brown will lead the integration of Kontoor’s global ESG efforts, spearheading strategy,…
Forever 21 takes third crack at China with new bricks and mortar store By Reuters API American fast fashion retailer Forever 21 Forever 21 The brand said on social media platform WeChat that it would open a store “in June”…
Lee Jeans and The Hundreds launch second capsule collection Lee Lee Jeans and The Hundreds launch second capsule collection. – Lee Jeans The new unisex Lee x The Hundreds capsule celebrates the heritage between the two brands, and offers a…
Musk gets Twitter for $44 billion, to cheers and fears of ‘free speech’ plan By Reuters Elon Musk clinched a deal to buy Twitter The deal represents a near 40% premium to the closing price the day before Musk disclosed…
Missguided administrators ‘talking to Boohoo’ after winding-up petition – report Fashion e-tailer Missguided Missguided And a report claimed that e-tail giant Boohoo is working on a pre-pack rescue deal with sources telling The Times that Boohoo has entered into exclusivity…
Burlington Stores CFO John Crimmins to retire Off-price fashion retailer Burlington Burlington Stores CFO John Crimmins to retire. – Facebook: Burlington The New Jersey-based retailer said it has initiated an external search for a new CFO and has engaged Egon…
Zalando upbeat despite tough Q1, polarised shoppers veer to value or quality Fashion e-tail giant Zalando Zalando That loss added up to €51.8 million in the January to March quarter after an operating profit of €93.3 million a year ago.…
Nike ends sponsorship deal with Spartak Moscow By Reuters API Nike Reuters UEFA, the governing body of European soccer, decided Russia would have no affiliated teams participating in its club competitions in the 2022-23 season due to Moscow’s military campaign…
Russia’s Wildberries selling Zara clothes online despite Inditex halting operations By Reuters Russian e-commerce leader Wildberries is still selling clothes from InditexZara The TASS news agency reported on Tuesday that Zara items were being sold on Wildberries, which the Russian…
