German retail giant Otto Group is planning to list its About You fashion retail operation on the Frankfurt Stock Exchange as the lockdown easing across Europe mean its occasion and partywear offer should see a boom.
A raft of major names are taking part in a new textile recycling drive with the launch of the Sorting for Circularity Project that, as its name suggests, aims to improve textile sorting so more textiles can be recycled.
E-tail giant Zalando swung to a profit in Q1 and is expecting general merchandise value growth of up to 36% this financial year after a stellar start to 2021 in which GMV grew as much as 55.6% to €3.2 billion.
Fashion e-tail giant Zalando is expecting its Q1 results to beat what the market has been predicting due to the SS21 season starting more strongly than it had expected and returns continuing to stay low.
FashionNetwork.com spoke to Desigual’s Jordi Balsells, channel strategy director, and David Sgreccia, geographies business director, about the group’s plans in Japan, its post-pandemic recovery and future projects.