By Reuters API Published Apr 30, 2024 Strong demand for its retro-style Gazelle and Samba sneakers helped drive Adidas’s strong first-quarter growth, especially in its home market of Europe, the company said on Tuesday, as the company moves on from its damaging break-up with rapper Ye. Reuters While its home market saw growth, North America … Read more
With London Fashion Week celebrating its 40th birthday this year, the British Fashion Council is going all-out to make next month’s event “ignite the imagination, honouring the breadth of creative talent in London” for consumers. Raey And that means getting them involved to explore the capital’s “renowned shopping destinations through an exciting programme of 500 … Read more
Acquisition activity is continuing in the UK fashion sector with off-price specialist BrandAlley acquiring a majority stake in sneaker reseller The Edit LDN, the new owner saying the buy will support its long-term sustainable aims. The Edit LDN founder and CEO Moses Rashid And it added that The Edit LDN will also help it use … Read more
While fashion folks revel in collecting clothing, Thom Browne demonstrates his accruals extend beyond garments at a new auction at Sotheby’s. Steven Kolb (left), Thom Browne, and Anna Wintour – BFA ‘Visions of America’—curated by the designer much like a museum exhibition—highlights aspects of American craftsmanship that range from fine art, furniture, decorative arts, ceramics, … Read more
Sweaty Betty may have been owned by US giant Wolverine since summer 2021 but as a UK-registered company, it’s still filing its accounts and it has just done that, for the year to January 2023. Sweaty Betty The company said that turnover fell 8.5% – or £15.5 million – to £167.7 million. And the cost … Read more
Firelight Capital Partners, an operationally-oriented private equity firm, announced on Thursday the acquisition of Fromm International, marking its first platform investment in beauty. Firelight Capital Partners acquires Fromm International. – Fromm Pro Fromm International, founded in 1907, has long been respected for its innovative tools, accessories, and everyday beauty essentials catering to both professionals and … Read more
