Bloomberg has reported that Lululemon has launched a countersuit against Peloton for infringement just five days after Peloton filed a pre-emptive suit against Lululemon. The lawsuit involves co-branding deal that has since dissolved. Peloton entered the deal with Lululemon in 2016 to capitalize on the latter’s immense popularity with the...
2 hours ago
Shopify has announced its Black Friday sales to be a total of nearly 2.9 billion dollars. This is a 21 percent increase in sales from 2020, which saw a 75 percent surge in sales due to lockdown. It is also double Shopify’s sales on Black Friday in 2019. Merchants using Shopify earned peak sales of 3.1 million per minute at 12:02 PM EST during...
3 hours ago
RGE has formalised two partnerships in Singapore aimed at advancing sustainable fashion. The first partnership is with the Textile and Fashion Federation (TaFF). The strategic partnership is set to last 3 years, and will advocate for sustainable industry practices in Singapore and the regions around it. The partnership looks to do so through...
5 hours ago
Wholesale marketplace Joor is set to increase its user experience offering with the integration of 3D and augmented reality (AR) technology into its platform, in partnership with e-commerce technology firm Vntana. The new implementation will allow Joor customers and retail partners to view visual assets in 3D and AR, as well as upload their...
8 hours ago
Maven Equity Finance, part of the UK’s Northern Powerhouse Fund, has announced a six-figure investment into Margin Guardian, enabling the business to invest in its platform, commercialise and develop an android version of its app. Margin Guardian is a platform that provides retailers with data insights direct from consumers, displaying prices,...
9 hours ago
The heirs of Italian fashion house Gucci on Monday threatened to take legal action over Ridley Scott's new film "House of Gucci" for depicting members of the family as "hooligans". The movie, which is already picking up Oscar buzz, stars Lady Gaga as Patrizia Reggiani, who was convicted of having fashion heir Maurizio Gucci (played by Adam...
10 hours ago
eBay Inc. and Sneaker Con Digital have entered into a definitive agreement under which eBay has acquired Sneaker Con’s authentication business, a sneaker authenticator with operations in the U.S., U.K, Canada, Australia and Germany. The company said in a statement that this acquisition is an extension of the ongoing collaboration between eBay...
12 hours ago
Embedded streetwear re-commerce platform Responsible has launched in the UK, in partnership with British fashion house Raeburn and a number of other streetwear partners. Complete with financial incentives and an integrated Buy Back option at checkout, the platform hopes to help brands gain customer loyalty whilst allowing them to make a move in...
29 Nov 2021
Marcolin and Skechers USA Inc. have renewed their licensing agreement for the design, production, and worldwide distribution of Skechers sunglasses, eyeglasses, and kids’ eyewear. The partnership has been extended until December 31, 2024. The collection features a wide range of eye sizes for children and adults, with elements including prints...
Maison Kitsuné has launched Kitsuné Ventures, a new investment arm focused on early-stage investment. The news was reported by WWD. The company’s first investment is in Brooklyn-based fashion label Conor McKnight. Under the terms of the investment deal, Kitsuné will aid McKnight with logistics, distribution, and accounting for the brand. The...
A number of French politicians and the country’s Directorate-General for Competition, Consumer Affairs and Fraud Control (DGCCRF) have ordered search engines and app stores to delist Wish, a US e-commerce platform, stating product safety concerns as the defining reason. The move comes after more than 100 products sold through the site were...
Roland Mouret, the London-based designer well known for dressing Meghan Markle, has gone into administration. As the market for high-end evening wear continues to take a hit with events and special occasions at a slower and smaller pace than usual, the brand’s business has been slower than usual. It has been reported that Roland Mouret’s...
27 Nov 2021
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