Fashnopsis: São Paulo, Brazil – Mercado Libre, the largest e-commerce marketplace in Latin America, has announced plans to invest $1.2 billion (23 billion Brazilian reals) […]
Category: News
Activewear Revolution! Fabletics Launches First-Ever Activewear Scrubs in the UK
Fashnopsis: Activewear leader Fabletics has surprised the UK market with a brand new collection: Scrubs. Following a successful US launch praised by medical professionals, Fabletics […]
Saint Laurent Makes Cannes Debut with 3 Films: A First for Fashion in Filmmaking (May 14-25)
Fashnopsis: Cannes, France – Luxury fashion powerhouse Saint Laurent is making a dramatic entrance onto the silver screen! Their newly launched film production arm, Saint […]
Fast Retailing Delivers H1 Robust Results: Uniqlo Thrives Internationally, GU Maintains Growth
Fashnopsis: Fast Retailing Soars on International Uniqlo Strength, GU Growth Fast Retailing, the parent company of global apparel giant Uniqlo, reported a strong first half […]
Retail Giants Eye Ted Baker’s Troubled European Business
Fashnopsis: Two major British retailers, Frasers Group and Next, are reportedly considering a bid to acquire parts or all of Ted Baker’s struggling European business. […]
Allbirds Faces Delisting Threat After Stock Price Tumbles Below $1 for a Month
Fashnopsis: San Francisco-based shoe company Allbirds, originally from New Zealand, has received a delisting warning from the Nasdaq Stock Market due to its share price […]
Ted Baker Announces 11 Store Closures in UK, Seeks New Operating Partner
Fashnopsis: Ted Baker, the British fashion brand, has confirmed the closure of 15 stores across the UK. This move follows the administration of its UK […]
Centric Brands Secures Messi Brand from MGO in $2M Acquisition
Fashnopsis: The Messi brand has undergone a change in ownership, with Centric Brands acquiring the license from MGO Global for a sum of two million […]
Zegna Doubles Profit, Reaches 135 Million Euros in 2023
Fashnopsis: Italian luxury fashion group Zegna has seen a remarkable increase in profitability, with its net profit soaring to 135.7 million euros in 2023, more […]