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Levi Strauss & Co. exceeds Q2 market expectations, raises annual forecast

US apparel company Levi Strauss & Co. (LS&Co.) has once again exceeded market expectations in the second quarter of its 2025/26 financial year. Following the unexpectedly strong results, the denim specialist raised its annual forecast again on Wednesday evening. In the three months to May 31, revenue amounted to 1.56 billion dollars. This...

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Fleek secures funding to drive second-hand fashion supply chain

London-based start-up Fleek, which is building the AI infrastructure to digitise second-hand fashion supply chains powering Vinted, Depop and Whatnot, has secured 25 million US dollars in Series B funding. The investment was led by Burda Principal Investments, an early Vinted backer and lead investor in its Series C round, with participation...

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Resale robot 'Vnyx' photographs and prices second-hand clothing in two minutes

On the 25,000 square metre site of Milieuwerk, near Sloterdijk, Amsterdam, a group of brand owners, textile processors and investors have gathered for the launch of Vnyx. This robot is set to transform resale into an attractive market. Iced coffee and homemade pastries are ready for the attendees. From a two-metre-high mountain of clothes –...

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Whering secures funding from Ebay Ventures and Google AI Futures

Wardrobe styling app Whering has raised 7 million US dollars in funding led by Ebay Ventures and Google AI Futures Fund, as it surpasses 10 million users globally. The London-based start-up, which launched in 2021 and was inspired by the iconic virtual wardrobe in the movie ‘Clueless,’ helps people create outfits from clothing and accessories...

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