Copenhagen Fashion Week has unveiled its brand line-up for SS25, and also announced Sinéad O’Dwyer as the recipient of the Zalando Visionary Award 2024. The London-based Irish designer receives the award that’s based on three pillars: creativity and design, social impact and innovation. O’Dwyer has been recognised by the award jury for her “innovative, joyful, … Read more
Zalando was back in growth mode in Q1, at least as far as gross merchandise volume (GMV) was concerned with a rise of 1.3%, the German e-tail giant said on Tuesday. It added that adjusted earnings before interest and tax (adjusted EBIT) increased to €28.3 million in the quarter, representing a margin of 1.3%. Business-to-Consumer … Read more
Translated by Roberta HERRERA Published Mar 22, 2024 While in Milan, Simon Porte Jacquemus reminisced about his ties with Italy, as he readies himself to hold a fashion show in Capri in June. The French designer was honoured on Wednesday, March 20, by the Italian Chamber of Fashion (CNMI) and the German e-commerce giant Zalando, … Read more
Zalando had a big announcement on Wednesday, the fashion e-tail giant saying it has evolved its strategy to cover a “larger share of [the] fashion and lifestyle e-commerce market” with a “pan-European ecosystem for customers and partners”. Zalando We’re told the ecosystem “around Business-to-Consumer (B2C) and Business-to-Business (B2B) growth vectors will further deepen customer and partner … Read more
Matches has laid off almost half its staff — 273 people — as it trades through administration while a buyer is sought by insolvency specialist Teneo. The company had employed 533 people in its three London stores and at its HQ from where it sells to consumers in 170 countries. Matches Benji Dymant, joint administrator, … Read more
Translated by Roberta HERRERA Published Mar 10, 2024 SMCP, the French luxury conglomerate renowned for its accessible luxury, experienced a mixed year in 2023. On one hand, the group witnessed a sales uptick in reported figures, surpassing 2% to reach €1.23 billion. Notable achievements include Sandro’s 3% growth, crossing the €600 million revenue mark, and … Read more
Translated by Roberta HERRERA Published Feb 26, 2024 The European Commission has disclosed negotiations with Zalando for the removal of certain flags and icons emphasizing the claimed sustainability of corresponding products. This communication comes shortly after the European Parliament laid the groundwork for regulating environmental marketing claims. Zalando The icons were deemed “misleading in terms … Read more
Prada Group announced on Monday that it has joined the Sustainable Markets Initiative’s Fashion Task Force chaired by technology entrepreneur and sustainable fashion pioneer Federico Marchetti. Prada Group joins Sustainable Markets initiative’s Fashion Task Force – Prada The Fashion Task Force, established in 2021, is dedicated to spearheading action-oriented initiatives aimed at accelerating the transition … Read more
In news that might not come as too much of a surprise, it’s being reported that Farfetch founder and CEO José Neves is among more than one member of the leadership team stepping down in the wake of the firm’s takeover by South Korea’s Coupang. Farfetch The move hasn’t been officially announced but is being … Read more
Seasalt — the UK fashion brand that’s all about its Cornish heritage — continues to outperform the sector, setting a “new record for the Christmas period” as revenue rose as much as 16% in the five weeks to 30 December. Seasalt That news comes as the company prepares to go international with its first stores … Read more
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