Sustainable footwear specialist Allbirds has filed for its long-expected initial public offering (IPO) in the US as it rides the wave of increasing consumer demand for eco products, despite being loss-making.
Re-commerce specialist Trove has closed a $77.5 million Series D funding round led by G2 Venture Partners, bringing its total funding so far to $122.5 million as it seeks to grow in Europe and enter luxury.
Burberry has unveiled the next chapter of its TB Summer Monogram campaign “in a story of limitless adventure” with landscapes “celebrated and transformed with the colourways of the Thomas Burberry Monogram”.
Farfetch unveiled its new service on Wednesday — Pre-Order. It will offer early access throughout the season for all Farfetch customers to tap into the newest products, rather than being just a VIP service.
Capri Holdings had big news on Tuesday as it announced a new CEO — Joshua Schulman — for Michael Kors. But more importantly, he'll take over as group CEO from John D Idol next year. Idol will become executive chairman.
Coach and Kate Spade owner Tapestry Inc forecast annual revenue and profit above estimates after posting better-than-expected results on Thursday, expecting the reopening of economies to boost demand for luxury goods.
Hugo Boss has a new growth strategy called Claim 5 that aims to double its sales to €4bn by 2025. It will accelerate growth across all brands, touchpoints, and geographies and will include a branding refresh.