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Business
Jules B gets six-figure investment to expand etail offer
UK upscale fashion retailer Jules B is to develop and grow its online business after securing £250,000 in investment, particularly targeting more International business.
Luxury
Retail
ASOS is raising £500m for more global expansion
Backed by impressive half-year trading figures and new £500 million financing, online fashion giant Asos said Friday it’s set for major international growth.
Fashion
Retail
Frasers downgrades asset values on fears of third wave
Frasers Group issued a gloomy outlook on Friday warning that further Covid-19 restrictions could mean it taking a hit of more than £200 million as far as the valuation of its assets are concerned.
Fashion
Business
Boohoo wins race for Arcadia's Daventry logistics hub
Boohoo Group has won the battle to buy a key UK logistics site that became available on the collapse of Arcadia.
Fashion
Business
Trade shows
Texworld Evolution to hold a second showroom from July 5 to 9
After a successful trial in February, Texworld Evolution organiser Messe Frankfurt will hold another showroom in Paris from July 5 to 9 to maintain a physical meeting point despite the absence of its trade shows.
Fashion
Trade shows
Attendance at Shanghai’s textile/apparel shows back to normal
Shanghai’s Intertextile, Chic, PH Value and Yarn Expo shows recorded a high turnout on March 17-19, with attendance figures of up to 88,000 visitors, a return to numbers similar to those of 2019.
Fashion
Trade shows
Swiss watchmakers go digital to show off new products, revive sales
Luxury Swiss watchmakers, usually not fans of online retailing, are launching a new digital Watches & Wonders event on Wednesday to show off their latest products, hoping to revive sales hit by the coronavirus crisis.
Luxury
Trade shows
Momad, Intergift, Bisutex, MadridJoya trade shows to be staged virtually from April 15
Spanish show organiser Ifema will exceptionally hold its forthcoming fashion, gift and jewellery events 100% online via the LiveConnect platform, with the next physical editions planned for September.
Fashion
Trade shows