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Business

Farfetch revenues leap ahead as 2021 starts with a bang

Farfetch revenues leap ahead as 2021 starts with a bang

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.
Luxury
Business
Walmart acquires virtual fitting startup Zeekit

Walmart acquires virtual fitting startup Zeekit

Walmart announced on Thursday the acquisition of startup Zeekit, which offers a virtual fitting room platform allowing for a significantly enhanced customer and social experience.
Fashion
Business

Anti-monopoly fine pushes Alibaba to first operating loss as public company

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.
Fashion
Business

Tod's sees possible venture with LVMH, but no talks ongoing

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.
Fashion
Business

Trade shows

French fashion trade shows preparing to stage physical sessions again

French fashion trade shows preparing to stage physical sessions again

As Tranoï and the French Fashion Federation join forces, and Who’s Next and Mode & Objet confirm their dates, French trade shows are preparing their return, after cancelling several editions due to the pandemic.
Fashion
Trade shows
Copenhagen Fashion week plans physical return in August

Copenhagen Fashion week plans physical return in August

​Copenhagen Fashion Week is to return physically for SS22 in August. It will run at the same time as tradeshows CIFF and Revolver as fashion events across Europe start their physical comeback.
Fashion
Trade shows

Italy's White trade show confirms June, September dates

The Milan fashion and accessories show will return in phygital format with the WSM event on June 19-21, and is set to welcome back its participants in person on September 23-26 in the city’s Tortona Fashion District.
Fashion
Trade shows

Barcelona Bridal Week cancels next edition

The trade event dedicated to the wedding world, organized by Fira de Barcelona, has cancelled its June edition due to the travel restrictions affecting 75% of its participants. The event may be held later in the year.
Fashion
Trade shows