Koovs continues to be lossmaking but its losses are reducing as margins improve and its recent funding round has left it confident of future growth in a market where only 1% of sales currently happen online.
Eating, drinking and the movies were the priorities for Britons last month as clothing spend wilted, but the back-to-school season provided some relief. And cautious consumers are unlikely to boost their September spend.
Nike has chosen Colin Kaepernick, the first NFL player to kneel during the national anthem as a protest against racism, as one of the faces for campaigns commemorating the 30th anniversary of its “Just Do It” slogan.
Lingerie specialist Wacoal and sportswear group Descente Ltd have partnered up for a business alliance that will extend to design, manufacturing, distribution, in the areas of ‘beauty, health and comfort’.