Parisian luxury house Balmain has unveiled a revamped e-commerce offer, powered by Yoox Net-A-Porter (YNAP) technology and designed by the Mazarine Agency.
London-based Worn Again Technologies has received a £5m cash injection from a raft of investors, including global fashion giant H&M, to advance its trail-blazing polymer recycling technology, which “cracks the code” on the circularity of raw materials for the textiles and apparel industry.
Ascential has completed the sale of its exhibition business, which includes Pure London and the Spring and Autumn Fairs, to ITE Group, owner of Moda, Jacket Required and Scoop.
Marks & Spencer is planning to cut 351 jobs in various management roles across the country, according to documents seen by newspapers today.
Brand house Pentland has appointed three new directors to head up its fashion footwear, team sports and outdoor brands.
Global sportswear giant adidas has pledged to switch to using only recycled polyester in its products over the next six years.
Klarna, best known for its “buy now, pay later” technology, is preparing to launch a payment card as it prepares to break out beyond its stronghold markets of Scandinavia and Germany.
Credit insurers have reduced the cover offered to suppliers of department store Debenhams, it has emerged over the weekend.