A major credit insurer has cut the cover it will give for Arcadia suppliers with Euler Hermes reportedly writing to clients in the past fortnight as the fashion sector sees a wave of credit insurance cuts.
Spending on digital marketing grew by 44 percent last year in the United States and Britain to $52 billion, a study has found, estimating that global outlays on such tactics are approaching $100 billion.
As part of the brand’s extended 50th anniversary celebrations, Ralph Lauren has announced the launch of an app aiming to build a community for the label’s fans, as well as a collaboration with the New York Yankees.
Following an initial trial period, the Facebook-owned image-sharing network rolled out two new ways for users around the world to shop on the platform on Monday, introducing Shopping in Stories and Shopping in Explore.
With London Fashion week kicking off now, Mintel is predicting that UK womenswear sales will grow 14% between this year and 2022 to reach an eventual £33.5 billion as women seek greater quality in their fashion buys.
The European Parliament on Wednesday approved a controversial EU copyright law that hands more power to news and record companies against internet giants like Google and Facebook that promised to fight on.