Fashion/Clothing

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..

Nike Plans to Make its Biggest Olympics Spending Yet

Nike is gearing up to make its biggest spending commitment yet for the upcoming Olympics...

Nike CEO John Donahoe is Fed Up With Remote Work, Says Setup Slows Down Innovation in New Products

Nike CEO John Donahoe blames the recent decline in innovation to the challenges posed by remote work and acknowledges that there has been an excessive focus on direct sales, which may have hindered pr..


Latest News

Bebe Stores Inc eyes private equity firms for possible sale- sources
Brisbane, Californian-based women's retailer Bebe Stores Inc is thinking of selling the company and is reaching out to private equity firms, according to people interviewed by Reuters.
Indian optimization software startup IntelloCut secures $200K in funding
Noida, India-based optimization software startup IntelloCut secured $200,000 (INR1.3 crore) in funding from a group of investors led by Blume Ventures and Google India's Ranjan Anandan.
British fashion startup ASAP54 picks up $3M in venture round
London, UK-based startup ASAP54 picked up $3 million in a recent venture round to support the development and international expansion of its mobile fashion search and discovery app.
Indian fashion portal confirms $50M capital injection from Premji Invest and rejects Flipkart merger
Bangalore, India-based fashion portal Myntra confirmed that it raised $50 million in a new funding round led by Premji Invest, and decided not to pursue a merger with Indian e-commerce giant Flipkart.
US retailers feel pressure to beef up cybersecurity spending- report
Retailers in the US are feeling the pressure to increase their cybersecurity spending as they compete against online rivals and strive to meet the October 2015 deadline by Visa and MasterCard to be ab
500 Startups is the most active venture capital investor for 2013- DJX VentureSource
The most active venture capital investor last year is 500 Startups with 57 new deals made and 77 total deals in all, data from DJX VentureSource revealed.
Jos. A. Bank in talks to acquire peer Eddie Bauer from private equity owner
Clothing retailer Jos. A. Bank, which is in a takeover war with Men's Wearhouse, is reportedly in talks to buy Washington-based peer Eddie Bauer. Eddie Bauer is owned by New York hedge fund Golden Gat
M&A activity gets expensive, busy in luxury industry
High-end luxury brands might be able to demand their preferred deal prices as Asian, Middle Eastern and private equity buyers scramble to acquire a share in the profitable luxury goods market.
European secondhand marketplace Vinted lands $27M to expand to US
Munich, Germany-based secondhand clothes marketplace Vinted landed $27 million in a Series B funding round led by Insight Venture Partners and Accel Partners for its expansion to the US.
Indian fashion retailer Myntra raises $50M in funding as Amazon and Flipkart approach
Bangalore, India-based online fashion retailer Myntra raised $50 million in funding as it got approached by e-commerce giants Amazon and Flipkart as the round closed.
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