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.
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.
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.
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.
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.
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.