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

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.
Fashion platform Bow & Drape secures $1.2M funds from investors
Bow & Drape, the fashion startup that allows women to customize their clothes, was able to secure $1.2 million funding from various investors to grow and expand the brand.
Australian online tailoring startup InStitchu expands to the UK
Sydney, Australia-based online tailoring startup InStitchu expanded to the UK by partnering with two London-based entrepreneurs who planned to open a similar business but instead bought a minority sta
Indian e-commerce giants Flipkart and Myntra in merger talks
India-based e-commerce giant Flipkart is in talks to merge with online fashion retailer Myntra as part of a proposal being pushed by common investors Tiger Global and Accel Partners.
ACS Clothing bags £8.5M in funding from UK's Business Growth Fund
Glasgow, Scotland-based formal hirewear supplier ACS Clothing bagged £8.5 million in funding from London, UK-based investor Business Growth Fund (BGF) for the expansion of its online activities.
Seattle beauty product startup Julep launches $75K crowdfunding campaign for bendable nail polishing tool
Seattle, US-based beauty product startup Julep launched a crowdfunding campaign on its website to raise $75,000 for a new bendable nail polishing tool to test the demand for the said product.
3D-printed shoe insoles printer SOLS closes seed funding round with $1.75M led by Lux Capital
Custom 3D-printed insole maker SOLS closed its seed funding round with $1.75 million. Led by Lux Capital, other investors also participated in the financing round for the firm that aims to provide wea
Neiman Marcus confirms data breach compromised 1.1M payment cards in the US
Dallas, Texas-based luxury specialty department store Neiman Marcus confirmed that 1.1 million debit and credit cards could have been compromised during a malware attack from July 16 to October 30, 20
Fashion e-commerce site Lyst nabs $14M in Series B round led by Balderton Capital
Fashion e-commerce company Lyst was able to secure $14 million for its Series B funding round led by Balderton Capital and joined in by DFJ Esprit, Accel Partners and angel investors.
Real Time Analytics