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Business

Aritzia sales buoyed by strong progress in e-commerce

Aritzia sales buoyed by strong progress in e-commerce

The Vancouver-based fashion retailer reported an 81.1% rise in its e-commerce sales in Q4, progress which helped limit the decline in the company’s total revenues to 2.9%, despite Covid-19-related store closures.
Fashion
Business
Pandemic hurts Wolford, but debt-free firm is on recovery trail

Pandemic hurts Wolford, but debt-free firm is on recovery trail

Wolford released its delayed results for its shorter fiscal year late on Wednesday and while it swung  to a profit, the upscale hosiery and bodywear firm also talked of “significant business losses” due to the pandemic.
Fashion
Business

Ferragamo sees sales growth, loss reduction in Q1

In Q1 2021, the Italian luxury label reported a better-than-expected net loss of €0.6 million, down from €41 million YOY, as business was “volatile” owing to the Covid-19 pandemic.
Luxury
Business

Secondhand fashion e-tailer Vinted raises €250 million from investors

Vinted is minted and is about to embark on a major growth initiative. The business, which claims to be the largest online C2C marketplace in secondhand fashion across Europe, has secured €250 million in new funding.
Fashion
Business

Trade shows

French fashion trade shows preparing to stage physical sessions again

French fashion trade shows preparing to stage physical sessions again

As Tranoï and the French Fashion Federation join forces, and Who’s Next and Mode & Objet confirm their dates, French trade shows are preparing their return, after cancelling several editions due to the pandemic.
Fashion
Trade shows
Copenhagen Fashion week plans physical return in August

Copenhagen Fashion week plans physical return in August

​Copenhagen Fashion Week is to return physically for SS22 in August. It will run at the same time as tradeshows CIFF and Revolver as fashion events across Europe start their physical comeback.
Fashion
Trade shows

Italy's White trade show confirms June, September dates

The Milan fashion and accessories show will return in phygital format with the WSM event on June 19-21, and is set to welcome back its participants in person on September 23-26 in the city’s Tortona Fashion District.
Fashion
Trade shows

Barcelona Bridal Week cancels next edition

The trade event dedicated to the wedding world, organized by Fira de Barcelona, has cancelled its June edition due to the travel restrictions affecting 75% of its participants. The event may be held later in the year.
Fashion
Trade shows