There’s been much talk in recent years about the polarisation of physical retail as ‘supermalls’ and other top destinations draw the best tenants while the rest goes into decline. Now a new report seems to confirm that.
The department store unveils "Digital Fashion by Printemps", a line of cyber-clothing created by Republiqe. These looks are intended for the virtual world, especially social networks and are sold between 7 and 20 euros.
The house of Karl Lagerfeld and Jared Leto have announced plans for a film about the designer with Leto to star in and produce it, alongside his partner Emma Ludbrook, through their production company Paradox
Hugo Boss’s Hugo brand is busy at the moment, announcing that it will collaborate with Web 3.0 company, Imaginary Ones on a holistic, 360-degree metaverse experience, just after unveiling a denim collab with Replay.
With this new protocol, a joint work plan will be formulated focusing on continued respect for the freedom of association, the right to collective bargaining and the provision of training to workers in the supply chain.
Adidas UK has filed its results for 2021 at Companies House with the business saying that sales rose 23.6% last year to £1.291 billion. That more than made up for the 5.3% decrease it had seen during 2020.
E-tailer N Brown has reported lower revenue for its first half, with profits also falling as its performance reflected the “normalisation of financial services post Covid and the macroeconomic environment”.
Farfetch said on Thursday that it now accepts payment in cryptocurrency for its marketplace customers in 37 countries. It follows news in June that it would begin to accept such payments in several markets by year-end.
The brand, owned by Inditex, is continuing its strategy of creating buzz-worthy and premium collaborations by presenting a timeless collection together with the renowned American model during Paris fashion week.