Moda Operandi receives $100 million in new capital

The company said it will use the funds to continue to invest in its core client experience, innovative shopping model, unique curation of fashion, fine jewelry, and home decor, as well as the data and technology systems that power the Moda platform. The new infusion brings Moda Operandi’s total equity capital raised to date to $345 million. In addition to NEA and Apax, the round received par…

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Filippa K to be first to use new -game-changing- recycled material

The new material is made from a combination of textile waste and wood cellulose, and Filippa K called it a “revolutionary pilot fibre”. It’s a product of “groundbreaking” OnceMore pulp technology from Södra, and Refibra technology from Lenzing, with Riopele’s “creative expertise in yarn and fabric production” being added into the mix.Robert van de Kerkhof, Chief Commercial Offi…

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More casual clothes enter UK’s post-Covid price index

British people have bought more casual clothing suited to working from home and fewer formal outfits, and spending on home exercise equipment has boomed with gyms closed, the Office for National Statistics said.”The need for hygiene on the go has seen the addition of hand sanitiser, now a staple item for many of us,” the ONS’s head of economic statistics, Sam Beckett, said.”A more casual appr…

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Bankruptcy court approves terms of BCBG offer

The U.S. Bankruptcy Court specifically approved Global Brands and Marquee’s bid to assume BCBG’s intellectual property rights. The label’s intellectual property was a key asset for Global Brands and Marquee who plan to license the name across new categories and markets.Additionally, the court approved the plan to continue operating 20 brick and mortar retail stores across Los Angeles.

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Supreme quashes confusion about partnership between Samsung and knock-off brand

“Supreme is not working with Samsung, opening a flagship location in Beijing or participating in a Mercedes-Benz runway show,” the streetwear brand said via an Instagram story. “These claims are blatantly false and propagated by a counterfeit organization.” The statement comes after Samsung partnered with Supreme Italia, a brand launched by International Brand Firm (IBF) and based in Barletta,…

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Social marketing to take a hit over the holidays but mobile shopping still going strong

 Social traffic is expected to generate 11% less revenue per visit (RPV) for brands in the fourth quarter of this year compared to Q4 2016, while shoppers are also expected to consult social media 25% less to find gift ideasคำพูดจาก เว็บสล็อตเ. Adobe attributes this decline to decrease…

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Mexico expects meeting of ministers to decide scope of NAFTA deal basics

Ildefonso Guajardo told Mexican radio he would travel to Washington on Wednesday for ministerial talks, adding that the United States was looking for a “quick solution.”He added, “We’ve made a lot of progress, but on the complex issues, well, it looks like there’s a willingness to be flexible.”

Ministers and negotiating teams have been meeting for weeks to try to narrow their differences,…

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Timberland drives forward with lifestyle positioning

“Our design staff is in regular contact with the marketing teams. We share the same values: a passion for nature combined with the energy that comes from fashion. Last year, we increased the synergies between design and marketing, and this is proving successful,” said Nick Barber, design director of Timberland’s apparel collections since 2015.At the end of October, VF Corp. reported disa…

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Oliver Spencer launches sustainability project called Repurpose

The men’s fashion retailer has launched a new initiative called Repurpose, claiming it as “one of the UK’s first ever 360 circularity solutions to extend the lifecycle of a fashion garment by up-cycling, reusing, or repurposing the garment and its constituent textiles”.The Repurpose project for end-of-life product management, incentivises its customers to recycle or sustainably dispose…

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Edinburgh Woollen Mill hits back at claims of unpaid manufacturing bills

But the company has hit back and said the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is “putting media noise and tactics above engagement, discussion and solutions”.The BGMEA has circulated a letter saying EWM could be blocked from placing future orders with its members.

The business, which  owns chains including Jaeger, Peacocks and Austin Reed and is which i…

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