The Canadian backpack brand founded by Jamie and Lyndon Cormack in 2009 has brought in new backers. Eurazeo, CGA and HOOPP have all taken minority stakes in the company to help turn it into a global lifestyle brand.
Wearable device maker Fitbit said on Wednesday it plans to shift its manufacturing operations outside of China for effectively all of its trackers and smart watches from January in response to the ongoing tariff threat.
On the opening day of the Pitti Bimbo childrenswear show in Florence, the Italian fashion industry's employers association published the sector's 2018 results: revenue was €2.98 billion, up 4.2% thanks to exports.
The Florentine childrenswear show will introduce a new section, ‘The Kid's Lab!’, presenting all the latest experimental approaches in childrenswear, while the Armani group will make its maiden appearance at the show.
The 87th edition of the Florentine childrenswear tradeshow will take place June 21 to 23 and is set to welcome 557 brands, a figure much in line with its summer edition in 2017, which saw 548 brands showcased.
Strong growth in ad sales on Google search and YouTube were not enough to offset a surge in costs at parent Alphabet Inc that shrank the first-quarter operating margin, leaving shares flat after hours on Monday.