Spanish fashion retail giant Inditex said Tuesday Marta Ortega, the daughter of its founder, will take over as chairwoman in April with a new CEO, as a last step of a generational handover started a decade ago.
Womenswear e-tailer Sosandar’s H1 results on Tuesday showed the business continues to thrive. It has enjoyed strong SS21 and autumn trading and has even seen its “first EBITDA-positive months” in October and November.
As the online marketplace continues to build out its authentication services, it has acquired the New York-based event organizer and sneakerhead platform’s authentication business for an undisclosed sum.
According to the Retviews analytical solution by Lectra, the Danish womenswear label has carved a prime niche for itself among other premium fashion brands thanks to its product range strategy and unique positioning.
The BFC promised a new and different experience for The Fashion Awards on Monday night and it justified the hype. Yet it was also a sad event given the news of the death of 'leaders of change' honouree Virgil Abloh.