Farfetch has reported another big leap forward in terms of gross merchandise value (GMV) and digital platform GMV as it continues benefit from consumers shifting online both generally and due to the pandemic.
Following two seasons with barely any in-person runways, the fashion week is set to make a spectacular comeback in September, with shows from brands including Rodarte and Altuzarra and the return of the Met Gala.
China's top e-commerce platform Alibaba Group Holding Ltd on Thursday posted its first quarterly operating loss since going public in 2014 due to a record anti-monopoly fine by the country's market regulator.
The health situation makes it impossible to hold a physical event in acceptable circumstances, said the organisers of Frankfurt Fashion Week, who are launching a replacement digital edition called FFW Studio.
Italy's Tod’s could further strengthen its ties with LVMH but there are no ongoing talks and no decision has been made, a top Tod’s executive said after the French giant increased its stake in the group.
Italian fashion group OTB has added two new members to its board of directors. They are Arabella Ferrari of Intercos and Carlo Purassanta of Microsoft, who will contribute their know-how in the beauty and IT sectors.
Canada Goose Holdings Inc on Thursday forecast annual revenue above C$1 billion for the first time, after surging online sales and strong Chinese demand helped the apparel maker post a surprise profit.
UK premium sneaker and streetwear specialist Kick Game has a double celebration, it opened its first store outside London in Birmingham and signed rapper and entrepreneur Fredo to a multi-million pound promotion deal.