Fashion/Clothing

Nike Set to Layoff 740 Employees in Oregon Headquarters in Second Phase of Job Cuts

Nike said in February that it will slash 2% of its global staff as part of a restructuring, but did not specify how many cutbacks would be made locally.


Lululemon Announces Closure of Washington Distribution Facility and Reduction of 128 Jobs

Lululemon announced that it will close its Washington distribution facility and lay off 128 workers...

Adidas Bounces Back After Kanye West Fallout, Forecasts $743 Million Profit in 2024

Adidas has rebounded after it severed ties with Kanye West, now projecting profits of €700 million (£598 million) for 2024...

Exploring the Marvels of AI in Fashion with Michael Chen

Michael Chen, the founder of Cape Robbin, says that AI has been transformative in his experience. It can do wonders if applied correctly, something that is reflected in Cape Robbin's diverse and uniqu..


Latest News

China Haidian acquires London-based Swiss watch seller Dreyfuss in all-share deal
Kowloon, Hong Kong-based investment firm China Haidian Holdings Ltd acquired London, UK-based Swiss watch retailer The Dreyfuss Group in an all-share deal that will see the Dreyfuss brands expand into
Chinese cosmetics retailer JuMei to raise $400M in US IPO
Beijing, China-based online cosmetics and perfume retailer JuMei filed for an initial public offering (IPO) in the US to raise $400 million, based in a document filed with the US Securities and Exchan
New York's Xcel Brands adds jewelry retailer Judith Ripka in $22.5M deal
New York, US-based luxury jewelry seller Xcel Brands Inc added jewelry retailer Judith Ripka in a deal valued at $22.5 million in combined cash, interest-free promissory notes and common stock.
Alibaba Group Holding Ltd unit to buy Chinese department store operator Intime Retail Group Co
Alibaba Group Holding, through its unit, will be buying a stake and subscribing to convertible bond shares in Intime Retail Group Co, a department store operator, Bloomberg reported.
Indonesia-born startup Project Shoe lets women customize shoes online
Indonesia-born and New York, US-based fashion startup Project Shoe lets women personally customize their shoes using its e-commerce platform and have the order shipped anywhere for free.
UK social shopping startup Nuji nabs $2M in seed funding to build mobile app
London, UK-based social shopping startup Nuji nabbed $2 million in a seed funding round from TAG, Seedcamp, Samos, and other angel investors to launch an iOS app this April.
Indian jewelry e-tailer BlueStone bags $10M in Series B round
Bangalore, India-based online jewelry retailer BlueStone bagged $10 million in its Series B funding round led by venture capital firm Kalaari Capital to beef up its marketing and branding campaigns.
UK startup HereO creates GPS watch to monitor kids
London, UK-based wearable tech startup HereO created a GPS watch with a kid-friendly and durable design that can help parents monitor their kids' location through the company's website or mobile app.
Indian fabric firm Arvind closes acquisition of 49pct stake in Calvin Klein India for INR100 crore
India-based fabric and clothing firm Arvind closed the acquisition of a 40% stake in Calvin Klein India from the Murjani Group and Matrix Partners in a deal valued at INR100 crore, according to source
South Korean beauty box Memebox bags $1.5M in funding for US expansion
Palo Alto, US-based beauty box retailer Memebox, which was imported from South Korea, bagged $1.5 million in venture funding to establish its presence in the US.
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