01 October 2024
01 October 2024
French fashion conglomerate Louis Vuitton Moet Hennessy (LVMH) has sold luxury fashion company Off-White LLC to New York-based brand management firm Bluestar Alliance.
Luxury handbag brand Mulberry has rejected an £83m ($110.6m) acquisition offer from its 37% shareholder, UK retail conglomerate Frasers Group, however the brand remains in an offer period with an industry insider stating the "ball is in Frasers' camp" and describes Mulberry's corporate situation as a "mess," which is "far from ideal".
Katrina Duck, enterprise account executive at Inspectorio, explains brands in Canada are becoming increasingly wary of green claims to the point of not sharing ESG data at all and falling out of favour with consumers who rely on this communication.
A report by customer-led marketing platform Optimove has found US consumer confidence in the economy and personal finances has risen from 26% in 2023 to 50% in 2024.
Mexico's apparel industry hopes the new administration of President-elect Claudia Sheinbaum will help locally-owned manufacturers combat what it regards as unfair competition from Chinese apparel companies.
Online retailer Zalando has launched 'Zalando partner', a unified grouping of partner-facing services and offerings on its platform, creating a more cohesive and consistent experience across partner touchpoints.
The Sewn Products Equipment & Suppliers of the Americas (SPESA)'s upcoming annual conference in Montréal, Canada will discuss the latest textile technology advancements, the next generation's vision for the sector and a revolutionary way to tackle sustainability.
A new GlobalData report highlights how AI-focused start-ups are transforming the global manufacturing sector by using AI to drive smart factory innovations, reduce downtime, and enhance productivity and precision across the manufacturing value chain.
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