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Barcelona-based Go PopUp closes a 300,000 euro funding round

Barcelona-based platform Go PopUp has closed a 300,000 euro funding round led by Ona Capital. The platform connects space owners with brands and agencies seeking unique locations for launches, activations or immersive campaigns. Ona Capital is a Catalan venture capital fund specialising in promoting tech start-ups in their growth phase. Several...

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Peter Alexander on expanding his pyjamas brand internationally

Australian premium sleepwear and lifestyle brand Peter Alexander has been in the UK for just over a year. Since its online launch, the sleepwear and gifting brand, a household name in its home country and New Zealand, has opened three stores in London and Kent, and is fast becoming a high street staple. What started with a 3,000 Australian...

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Punt Roma exceeds 150 million in sales: reduced debt, increased equity and new openings

In a year marked by significant strategic moves for Victrix Group, the parent company of Punt Roma, the company closed 2024 by reinforcing its expansion drive. This was previously signalled mid-year with the acquisition of brand rights for the German company Gerry Weber and subsequently for Samoon. Six months later, the accounts for the full...

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Quick fashion platform Knot secures 5 million dollars in fresh funding

Knot, Mumbai's rapidly accelerating 60-minute fashion delivery platform, has successfully raised 5 million dollars in a new funding round. The investment was spearheaded by 12 Flags, with continued backing from existing investors Kae Capital and Boundless Ventures. This significant capital injection, coming just three months after the company's...

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Mia Burton is targeting 40 million euros in revenue by 2027

Mia Burton, the global e-commerce platform for premium sunglasses and optical eyewear, which merged with Italian eyewear and optical retailer Lipari in July, has announced it is targeting revenue growth of 40 million euros by 2027, up from 23.7 million euros in 2025, by accelerating its global expansion and marketplace project. In a statement,...

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G-III Apparel Group raises earnings guidance, initiates quarterly dividend

G-III Apparel Group, Ltd. announced its financial results for the third quarter of fiscal 2026, ended October 31, 2025, revealing net sales decrease of 9 percent to 988.6 million dollars compared to 1.09 dollars billion in the prior-year quarter. The company’s net income was 80.6 million dollars, or 1.84 dollars per diluted share. Despite the...

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Vince Holding posts strong Q3 performance and reveals positive outlook

Vince Holding Corp. reported robust financial results for the third quarter ended November 1, 2025, with total company net sales climbing 6.2 percent to 85.1 million dollars compared to the same period last year. This growth was widespread, fueled by a 6.7 percent increase in the wholesale segment and a 5.5 percent increase in the...

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River Island losses deepen as restructuring efforts take hold

River Island Clothing Co. Limited reported a sharply increased pre-tax loss of 64 million pounds for the 52 weeks ended December 28, 2024, nearly doubling the 33.2 million pounds loss from the previous year, as the retailer grappled with a challenging market and prepared for a major restructuring. The primary driver of this deepened loss was a...

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Rotostitch raises 1 million US dollars to “revolutionise” apparel manufacturing

San Francisco-based manufacturing start-up Rotostitch, which is looking to redefine apparel production through automation, has raised 1 million US dollars in an oversubscribed pre-seed funding round, led by Boost VC and Nova Threshold. Rotostitch, founded by former engineers from Tesla, Neuralink and Apple, said the new capital would accelerate...

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UK government introduces reforms to apprenticeship system

The UK government has announced a 725 million pound reform package for the apprenticeship system as it looks to address youth unemployment and push for economic growth. Among the initiatives to be carried out under the Growth and Skills Levy will be a 140 million pound pilot programme in which regional Mayors can connect young people,...

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GFA sets out to establish textile waste management systems in Türkiye

Global Fashion Agenda (GFA), the organiser behind the annual Global Fashion Summit, has announced the launch of a new initiative aimed at backing the development of textile waste systems in Türkiye. Türkiye becomes the fourth manufacturing region to implement this programme, following the path of Bangladesh, Cambodia, and Indonesia. Akin to...

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Agreement reached on weakened EU supply chain law

The EU is set to weaken its European supply chain law, designed to protect human rights, even before its implementation. Negotiators from EU member states and the European Parliament have agreed in Brussels that the regulations will now apply to a much smaller number of large companies, as announced by both parties. The amendment still requires...