For its fourth quarter, eBay Inc. reported revenue of 2.5 billion dollars, down 4 percent on an as-reported basis and down 1 percent on FX neutral basis. For the first quarter, the company expects revenue to range between 2.46 to…
Fourth quarter revenue at Crocs, Inc. was 945.2 million dollars, an increase of 61.1 percent from the same period last year or 64.8 per cent on a constant currency basis. Direct-to-consumer (DTC), which includes retail and e-commerce, revenues grew 61.2…
Legendary fashion journalist Hilary Alexander, who was the honorary president of Graduate Fashion Foundation, which organises Graduate Fashion Week, died peacefully on February 5, her 77th birthday, in London. In a statement from the foundation, they said that Alexander, who…
Global Fashion Summit, the leading international forum for sustainability in fashion, has announced that its 2023 theme will be focused on “ambition to action” as it looks to drive tangible action on social and environmental sustainability. The summit, presented by…
German sportswear giant Adidas is launching its first new label in fifty years, born from “sport worn for style” aimed at Gen Z consumers and has signed up actress Jenna Ortega as its new brand ambassador. The new label, called…
Sustainable influencer Masego Morgan was shocked when a fast fashion giant offered her 1,000 dollars (about 811 pounds) for a single social media post to promote its brand. Not only had the South African social media star never been offered…
Stella McCartney has revealed that its total valued impact on nature in 2021 was estimated at 3.1 million euros, mainly from greenhouse gas emissions, which counts for 72 percent of its overall impact, along with land use and water consumption.…
Online retailer Asos has stated that film and music stars, ballet core, Y2K denim, 1990s grunge and traditional sneakers will dominate fashion trends among British consumers between 20 and 29 years of age in 2023. According to research commissioned by…
By Ademu Usman Idakwo In a bid to ensure women’s empowerment in society, a London-based international Platform, the Face of Women of Hearts Award, WOHA, has signed an agreement to participate as a media partner with the organisers of the…
Many are the brands that are foraging the Metaverse seeking for new revenue streams. Companies like Nike, Adidas or Tiffany’s have already cracked the code of non-fungible tokens (NFTs) sales, earning more than $245 million collectively. Whilst partnerships with online…
