Visa profit beats estimates on resilient consumer spending By Reuters API Visa Inc’s first-quarter profit beat Wall Street targets on Thursday as its payments volume held steady with Americans still spending on international travel despite an economic slowdown. Reuters Shares…
Bally’s Onofri appointed Brand President of VF-owned Napapijri ActiveVF CorporationNapapijri Napapijri Joining with an extensive background spanning 20 years in the fashion industry, she is “uniquely equipped with relevant experience in driving brand positioning and business growth, maximizing retail and…
Designer Brands acquires Keds from Wolverine, inks new Hush Puppies licensing deal Designer Brands Inc. announced on Wednesday it has acquired footwear brands KedsWolverineHush Puppies Keds The transaction includes all Keds’ products, including Pro-Keds, as well as the brand’s e-commerce…
Traceability: Lectra takes control of Dutch specialist TextileGenesis Translated by Nicola Mira French industrial intelligence solution provider Lectra Shutterstock In early January 2023, Lectra will acquire a 51% stake in TextileGenesis for €15.2 million. The remainder of TextileGenesis’s capital and…
Puma expects margin pressures to persist in 2023 By Reuters API Fashion German sportswear maker Puma Archivo Rising materials and freight costs along with a stronger U.S. dollar, inventory markdowns and higher promotion expenses have hit margins in the sporting…
Under Armour adds to board Under Armour Under Armour Everson is currently a senior advisor for Permira Before joining Meta, Carolyn held Advertising leadership positions at Microsoft & Viacom. In addition, she is a board member of The Walt Disney…
Ghana’s vintage enthusiasts give new life to Western clothing waste By Reuters API Fashion As the sun set on a courtyard of shipping containers in Ghana’s capital Accra, young men and women in PinkAdidas Reuters The Vintage Gala, as 23-year…
Hong Kong tailors livestream in pandemic survival fight By AFP Assistants wielding multiple livestreaming mobile phones are now as crucial to Roshan Melwani’s tailor shop as the measuring tapes, needles and fabrics that have made his Hong Kong family business…
Scotch & Soda works with advisor on sale plan – report Fast-expanding Scotch & Soda’s private equity backer is mulling a sale of the company and is working with Teneo on its plans, a report has claimed. Scotch & Soda,…
Tommy Hilfiger launches Andy Warhol capsule collection Tommy Hilfiger Tommy Hilfiger launches Andy Warhol capsule collection. – Tommy Hilfiger The 28-piece collection offers items for both men and women that pay homage to the ease and artistic energy of Montauk,…
