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Kate Spade New York launches resale programme with ThredUp

Kate Spade New York has joined the string of premium brands integrating ThredUp’s resale offering, with the launch of a ‘Pre-Loved’ programme that allows customers to shop secondhand items from the label. Via a dedicated ThredUp site, customers can both shop and resell select fashion items from any eligible brand, in exchange for Kate Spade...

6 Feb 2023

Business

M&Co prepares to close all 170 stores following administration rescue

Clothing retailer M&Co is set to close all of its stores after AK Retail Holdings rescued the brand from administration. The Scottish company appointed administrators towards the end of 2022, two years after it had previously collapsed. According to the BBC, M&Co, formerly known as Mackays, currently operates 170 stores, with their upcoming...

6 Feb 2023

Business

BrandLab360 appoints former Ralph Lauren VP to exec role

V-commerce fashion firm BrandLab360 has snapped up former Ralph Lauren vice president, Simon Lee, for the role of chief operations officer. The Welsh company said in a release that it had headhunted Lee for his expertise in the fashion sector, with the goal of helping develop the business further. Co-founded in 2016, BrandLab360 has established...

6 Feb 2023

BusinessFeatured

Byborre raises 16.9 million euros in Series B funding

Dutch textile innovation company Byborre has raised 16.9 million euros (18.3 million US dollars) in a Series B funding round to accelerate its international growth. The funding round was led by Invest-NL and VP Capital, along with existing investors Shift Invest and Amsterdams Klimaat en Energiefonds (AKEF), and a group of angel investors...

6 Feb 2023

Business

Paul Smith to close stores in Russia, admits continuing operations was 'mistake'

British brand Paul Smith has finally announced its departure from the Russian market, nearly one year after the country invaded Ukraine. The company is now reportedly set to close its two branded stores in St. Petersburg and Moscow’s Red Square. The news comes after an investigation by the Daily Mail found Paul Smith was one of three British...

6 Feb 2023

Business

Zegna acquires minority stake in Norda Run

Italian luxury group Ermenegildo Zegna has confirmed that it has acquired a minority stake in Canadian technical trail-running shoe brand Norda Run. Announced during its end-of-year earnings results, Zegna said that it had taken a minority stake, with the option to gradually increase its stake in the running brand over the next nine years. In a...

6 Feb 2023

Business

Studio Retail CEO steps down

The chief executive officer of Studio Retail has stepped down nearly one year on from taking on the role. According to documents filed with Companies House, Paul Kendrick has left the position after initially taking on the role permanently in March 2021. Kendrick first joined the company in May 2016 as commercial and deputy managing director,...

6 Feb 2023

Business

Tattarang invests in Australian luxury brand Camilla

Perth-based private investment group Tattarang has acquired a minority stake in Australian luxury fashion brand Camilla to mark the resortwear brand’s first external investment. Camilla, known for its intricate print designs across kaftans and swimwear, was founded in 2004 by creative director Camilla Franks and has grown into a global fashion...

6 Feb 2023

Business

Etsy selects new chief legal officer and corporate secretary

Online marketplace group Etsy has announced Colin Stretch has been appointed to the position of chief legal officer and corporate secretary, effective February 14, 2023. Commenting on the news, Stretch, who will also join the company’s executive team, said: "Etsy has a strong reputation as not only a prospering business, but as a leader in the...

6 Feb 2023

Business

JCPenney names Keith Melker chief transformation and strategy officer

American shopping chain JCPenney has announced the appointment of Keith Melker as chief transformation and strategy officer. In the role, Melker has been tasked with overseeing the transformation office, ensuring related initiatives are executed to maximise value creation and defining the company’s corporate strategy. Key areas to be focused on...

6 Feb 2023

Business

Afterpay to spotlight emerging designers at NYFW

Afterpay, the leading player in the "Buy Now Pay Later" (BNPL) payments sector, has announced its latest venture as the title sponsor of New York Fashion Week: The Shows. NYFW: The Shows is a new space “built exclusively to showcase emerging designers who represent the future of fashion”. As the title sponsor of NYFW, Afterpay is offering its...

3 Feb 2023

Business

StockX debuts Authentication Center in Mexico

StockX, an online marketplace for buying and selling authentic sneakers, streetwear, and apparel, has announced the opening of its first authentication center in Mexico. StockX said the center will provide customers in Latin America with an enhanced and localized shopping experience, as it will allow more efficient verification of the...

3 Feb 2023