Fashnopsis: Lululemon’s highly anticipated Packable Anorak jacket breaks new ground in sustainable fashion. Now available online in Australia, the US, and Canada, this innovative garment […]
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 […]
Boohoo Group’s Chief People Officer Siobhan Forey Steps Down
Fashnopsis: Siobhan Forey, the Chief People Officer of fast fashion retailer Boohoo Group, has reportedly decided to step down from her position after a three-year […]
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 […]
Eurozone Retail Trade Falls 0.7% in February’24
Fashnopsis: In February 2024, the eurozone witnessed a continued decline in retail trade, with a year-on-year drop of 0.7%, a slight decrease from January’s 0.9% […]
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 […]