By Bloomberg Published Mar 4, 2024 Berlin-based Razor Group is buying Boston-based Perch in an all-stock deal, accelerating the consolidation of “aggregators” that snapped up popular online brands only to watch a pandemic-fueled sales boom evaporate. Razor is backed by L Catterton, the private equity arm of Bernard Arnault The transaction values the combined company … Read more
By Bloomberg Published Feb 27, 2024 A multi-billion dollar listing by fast fashion label Shein could become London’s biggest ever IPO, although analysts are wary that the plan, revealed by Bloomberg News, may never come to fruition. Shein The company, founded in China and popular with young shoppers around the world, is applying to list … Read more
The MAGIC and Coterie trade shows returned to New York’s Jacob K. Javits Center from Tuesday to Thursday. Across both shows, emerging labels and new exhibitors debuted new collections across ready-to-wear, footwear and accessories for 2024. Many labels tapped into the top fashion trends such as “mob wife” faux fur outerwear (as seen from Unreal Fur); quiet luxury and minimalist … Read more
By Reuters Published Feb 14, 2024 Canadian ecommerce services provider Shopify on Tuesday beat analysts’ estimates for fourth-quarter revenue and profit on strong demand from merchants during the all-important holiday shopping season. Reuters However, the company’s U.S.-listed and Toronto shares fell nearly 10%. Analysts pointed to the run-up in the stock for the decline and … Read more
The 1990 festive comedy will be rewatched by movie fans this December, especially after being voted Britian’s favourite Christmas film, but we reckon you have never noticed this Easter Egg before. Fans will know Old Man Marley, the neighbour of Macaulay Culkin’s Kevin McCallister, played by the late Roberts Blossom. Early in the film, Kevin’s older … Read more
