Ebay Inc. announced on Wednesday it has acquired non-fungible token marketplace KnownOrigin for an undisclosed amount, as the U.S. e-commerce marketplace looks to strengthen its product offering for digital collectors.
As childrenswear is increasing its presence in the overall assortment of fast-fashion retailers, the latter are rebalancing the share of boys’ and girls’ products in their range, according to Retviews by Lectra.
JD Sports fashion had good news on Wednesday as it reported results for the year to 29 January. Revenue rose to £8.563 billion from £6.167 billion with gross profit edging up and pre-tax profit soaring.
32 third-year students presented their collections at IFM’s first fashion show held at the Cité de la Mode et du Design and attended by Brigitte Macron, Sidney Toledano, Bruno Pavlovsky and Isabel Marant.
Heritage knitwear label John Smedley is making a major push into China and is currently launching a suite of digital activities for consumers on the mainland, “to drive the brand forward in the world’s largest market”.
Castore co-founder Tom Beahon said the company is ramping up its expansion drive despite the current tough economic backdrop. He said a “very strong core brand and value proposition… can be successful no matter what”.