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Fashionphile acquires Luxe Collective to launch in the UK

US-based luxury resale platform Fashionphile has acquired the intellectual property, customer database and social media channels of luxury British pre-loved marketplace Luxe Collective, which was forced to shut down earlier this year following a break-in at its warehouse, where it was reported that over 500,000 pounds in stock was stolen. In a...

Business

Hun Kim, creative director at Karl Lagerfeld: “AI is no longer an experiment, it’s a necessity”

Redesigning the workflow “When I first began as a designer, the process was always the same,” Hun Kim, creative director at Karl Lagerfeld, explained during his talk at the online Alvanon 3D Tech Fest last week, where he shared how Karl Lagerfeld has welcomed AI into its design process. “We sketched ideas, chose fabrics, made technical drawings,...

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Pepco to close 28 stores in Germany

Following the insolvency filing of the discounter Pepco's German subsidiary in July, the restructuring plan for Pepco Germany GmbH was presented on Tuesday. The plan involves significant cuts to its store network. Pepco Germany to close 28 stores In recent weeks, the management has undertaken “an extensive analysis of the store network in...

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New European Circular Textile Coalition advocates for more robust recycling policy

Eleven European textile companies have united in the new European Circular Textile Coalition to influence the policy agenda for circular textiles. In a manifesto, the members urge the EU to leverage post-consumer recycled (PCR) textiles as a catalyst for green jobs; textile industry innovation; and an improved competitive position. Reju,...

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About You increases quarterly sales by around 9 percent

Although the takeover by competitor Zalando SE is a done deal, the Hamburg-based e-commerce group About You Holding SE presented its latest business figures on Tuesday. In the second quarter of the current 2025/26 financial year, sales amounted to 492.3 million euros, an increase of 9.4 percent compared to the same period last year. According to...

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Business

AI in fashion: How Otrium uses AI for robotics and content creation

AI is rapidly conquering the fashion industry. While one company waits, another leads the way. Outlet platform Otrium uses artificial intelligence both behind the scenes in the warehouse and at the forefront with generative AI content. Co-founder Milan Daniels explains how this makes the company faster, smarter, and more customer-focused. He...

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Circ announces first sourcing partnership with H&M

Circ, the only textile-to-textile recycler capable of taking polycotton blends and fully recovering both the polyester and the cellulose for reuse, is collaborating with the H&M Group. The move will see H&M incorporating Circ’s recycled fibres from polycotton textile waste into its product offerings for the first time. The first products will...

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Bestseller Group boosts annual turnover and profit for 50th anniversary

Danish clothing retailer Bestseller A/S can look back on a successful financial year for its 50th anniversary. “This was a special year for us. We are celebrating a milestone that none of us could have imagined when the first shop was opened in 1975,” explained owner and CEO Anders Holch Povlsen in a statement on the announcement of the latest...

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Business|Interview

Inside Fabletics' European strategy: Executives talk wholesale growth and market challenges

Fabletics is continuing to grow its wholesale business alongside its core digital clothing subscription service. The US athleisure provider is focusing on retailers such as Peek&Cloppenburg. Partnerships with gyms and reality TV star Khloé Kardashian are also boosting the brand's visibility. Mark Ralea, general manager of Fabletics Europe, and...

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Tod’s CEO defends company ethics following labour exploitation allegations

"Made in Italy is one of our country's excellences, recognised worldwide," explained Diego Della Valle last Friday from Tod's headquarters in Milan. The executive's comments came after the city's Public Prosecutor's Office requested judicial administration for the Marche-based company, Tod's SpA, for allegedly negligently facilitating "severe...

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Better Cotton Initiative rebrands and introduces new traceability label

The Better Cotton Initiative (BCI) marked World Cotton Day with a comprehensive rebrand and the launch of a new traceability label, underscoring the organisation’s efforts to enhance transparency and accountability across the cotton supply chain. The move includes a redesigned logo, website, and the reinstatement of its original full name, fter...

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Design Eyewear Group acquires six French brands

Design Eyewear Group, a Danish company that designs, develops and markets a range of eyewear brands worldwide, has acquired six eyewear brands from French company KNCO, as it looks to build an “even more diverse portfolio that reflects the needs of today’s eyewear customers”. In a statement, the Design Eyewear Group said the acquisition includes...