The iconic German footwear brand will fund further expansions, with support from L Catterton and Financière Agache.
The German company ended a patchy year, heavily impacted by the pandemic, with single-digit decreases, but the brand revealed optimistic plans for the future.
E-commerce umbrella, Global Fashion Group, sells the world’s fashion brands to Russia, Latin America, Australasia and Asia. Up until COVID-19, it had been an expensive and somewhat thankless task. But this year changed everything.
The Hollywood actor is expanding his role with German marquee brand, Hugo Boss.
In a pandemic, customers no longer have the opportunity to try before they buy. The fashion tech sector is working hard to make online alternatives more realistic. Should we expect a breakthrough soon?
The German e-commerce platform saw revenues jump by over 20 percent as shoppers and retailers headed online.
Revenues in the third quarter decreased 24 percent, despite a return to positive sales in China and e-commerce gains.
Barring further drastic lockdown measures, the company expects a positive operating profit for 2020.
The new project, offering brands more digital real estate and better access to user data, is Zalando’s answer to several major digital trends.
The capsule, with influencer Caro Daur, will launch in October.
The trade fairs that formed the backbone of Berlin’s biannual fashion week will migrate to Frankfurt next year. The brands left behind are looking to the city’s art scene for inspiration.
In Berlin, Fashion finds a New Niche – in Art Galleries