Canadian community-based sneaker startup SoleSavy has raised $12.5 million in Series A funding to ultimately help the company grow through investments in technology, product, services and more.
British clothing and food retailer Marks & Spencer is emerging from the Covid-19 crisis as a very different business that will surprise people with its financial performance, Chairman Archie Norman said on Tuesday.
Much-higher-than-expected sales of Clothing proved to be the icing on the cake for Sainsbury’s as the UK supermarket giant served up mostly positive results for its Q1 trading period to 26 June.
A number of big clothing names have taken part in the latest funding round for Infinited Fiber Company with it having raised €30m in new capital from a group include existing investor H&M, plus Bestseller and Adidas.
Ralph & Russo's administrators are suing Tamara Ralph over alleged lavish spending “with no business justification” by the co-founders that they say hurt the firm's survival chances. She has denied the claims.
Sportswear group Intersport International has announced the sale of its sneaker chain The Athlete’s Foot and its 564 stores to Arklyz Group. The group, based in Switzerland, already owns sock supplier Intersocks.
Pants & Socks wants to raise £200,000. So the UK men’s intimates and hosiery online retailer has launched a campaign through crowdfund specialists Seedrs to build on its product offer and beef up its marketing effort.
The potential takeover of Morrisons, the UK supermarket giant that owns the growing Nutmeg clothing brand, has come a step closer with the retailer’s board having recommended a new offer.
June wasn’t a good month for Fast Retailing’s Uniqlo chain in its domestic Japanese market. The company said same-store sales, including online, fell as much as 19.2% year-on-year.
Amazon.com Inc plans to award incoming Chief Executive Andy Jassy more than $200 million in extra stock, which will pay out over 10 years, the company said in a regulatory filing on Friday.
Swiss group Givaudan, the world's number one fragrance and aroma manufacturer, has bought a 25% stake in Italian company b.kolor, which specializes in the development of make-up and skincare products.
Being a listed business has its advantages, but also means closer scrutiny and a need to respond to the interests of shareholders. Both long-time-listed JD Sports and newcomer THG have felt this keenly in recent days.
RewardStyle’s platform and its LiketoKnow.it shopping app are rebranding as LTK, a unified platform “to lead the industry in powering global creator commerce, servicing brands, influencers and shoppers”.
Boots owner Walgreens Boots Alliance said its Q3 results exceeded expectations and it raised its full-year guidance to around 10% growth in earnings per share (EPS).
American beauty conglomerate Coty Inc. announced on Thursday the relaunch of Kylie Cosmetics with new clean and vegan formulas, a refreshed packaging and a new way to shop.
