U.S. marketplace Poshmark Inc. said on Tuesday both its fourth-quarter revenues and gross merchandise value surpassed 20%, as the resale site narrowed quarterly losses with a record sales finish to its year 2021.
Fashion giant Hugo Boss and Movado Group have renewed their license agreement through to the end of 2026. The deal includes Boss watches and jewellery for men and women as well as Hugo watches for men and women.
French resale giant Vestiaire Collective has unveiled a brand revamp with a new identity, a tagline and campaign to underline its “new vision for 2022” that clearly positions resale as the best way to be sustainable.
Global sportswear giant Nike Inc. said on Monday total revenues came close to $11 billion in the third quarter fiscal 2022, as the U.S firm saw a steady return to normal footfall across its owned stores across the globe.
Shanghai Fashion Week has been postponed due to Covid-19, in the latest setback due to the recent resurgence of the virus in China.The most important runway season in China had been scheduled from March 25 to April 1.