Grupo Axo, which holds the license to distribute fashion brands including Victoria’s Secret, Nike and Calvin Klein in Mexico, has entered into various agreements to acquire ecommerce retailer Privalia Mexico.
Spreadshirt, an e-commerce company offering print-on-demand services for clothing and accessories, has attributed a staggering increase in revenues and profitability to its success in Germany, the US and France.
The news about UK retail in June may have been largely bleak but it seems that e-tail sales “bounced back” last month with the latest IMRG Capgemini eRetail Sales Index on Thursday showing retail sales up 8.5%.
E-tail giant Zalando has announced that it’s expanded its sustainable assortment in response to customers being “increasingly concerned about the future of our planet and wanting to make sustainable fashion choices.”
An update from Asos showed sales growth slowing in the EU and US due to logistics issues. But growth in the UK and RoW, plus an end in sight to its warehousing woes all suggest a bright future for the firm.
The textile sourcing event returns to New York this month, kicking off with Fashionsustain, a one-day conference addressing some of the most pressing sustainability issues currently facing the fashion industry.