Second-hand retailer Poshmark Inc has forecast Q3 revenue largely below estimates and warned that its marketing efforts were taking a hit from Apple Inc's new privacy controls over digital advertising tracking.
Fugitive Indian jeweller Nirav Modi can appeal his extradition to his homeland, where he is accused of defrauding one of the country's largest banks of $1.8 billion, the High Court in London ruled on Monday.
Sporting events and the summer holidays prompted a big increase in British consumer spending in July, aided by the lifting of COVID-19 restrictions, two surveys showed on Tuesday.
Italian luxury e-tailer YNAP has expanded its Net Sustain edit of consciously crafted fashion and beauty and introduced a dynamic shopping experience to make sustainable products more visible and easier to navigate.
Mr Porter, the UK-based luxury e-tailer, has announced the launch of Super Mart, a standalone on-site marketplace showcasing a curated selection of T-shirts, collectables and streetwear from multiple brands.
First half (H1) sales at Italian brand Geox grew 8.4% to €264m compared to €243.6 million in same period of FY20. Despite challenges during Q1, the company recovered strongly in the next quarter where sales expanded 91%.
Switzerland-headquartered Philipp Plein Group has become the world’s first major fashion group to accept payment in 15 different cryptocurrencies including Bitcoin and Ethereum.
MycoWorks, a US-based biomaterials company dedicated to bringing new mycelium materials to the world, has announced that Patrick Thomas will join its board of directors as an independent member.
British mall operator Hammerson on Thursday reported a 14% rise in half-year profit thanks to a retail recovery following the easing of lockdowns and lower costs, but footfall is yet to rebound to pre-pandemic levels.
Mike Ashley, British retailer Frasers' founder and biggest shareholder, will likely step down as chief executive next year and be succeeded by Michael Murray, the group's "head of elevation", it said on Thursday.
Singer and businesswoman Rihanna is worth a whopping $1.7 billion, Forbes said Wednesday, making her one of the richest female musicians on the planet.
With a strong performance across North America and Europe, American fashion company Ralph Lauren Corporation has bounced back with 182% growth in revenue to $1.4bn.
Mike Ashley, the Sports Direct entrepreneur, is preparing to step back from his high-profile role as CEO of his growing retail empire. He’ll hand control to his future son-in-law Michael Murray, the Telegraph reported.
German fashion house Hugo Boss said it expected a rebound in its business to continue in the second half of the year as sales almost recovered to pre-pandemic levels in the second quarter.
Following news on Monday that Daniel Lalonde is moving on from his role as CEO of SMCP, Design Holding has announced his appointment as its new chief executive with effect from October.
