Moody’s cuts Adidas credit rating to A3 after profit warning By Reuters API Moody’sAdidas Reuters Adidas warned on Feb. 9 that it could plunge to a loss this year for the first time in three decades, in the latest downgrade…
Meta to wind down NFTs on platforms amid crypto bust By Reuters API Meta Platforms Inc is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than a year after rolling it out, as the…
Stetson opens Seven Dials UK flagship Heritage American hat brand Stetson has opened its previously-flagged first UK store in London, with the new location becoming a “significant milestone” for the famous label. Stetson The 1,165 sq ft store is on…
Prada launches ninth exclusive timecapsule NFT Prada Prada launches ninth exclusive timecapsule NFT. – Prada The Timecapsule drop is an online monthly event that takes place on the first Thursday of every month. On February 2, Prada drops its ninth…
Inditex increases production in Spain by 13% compared to before the pandemic Translated by Roberta HERRERA Inditex Inditex headquarters in Arteixo – Inditex In 2021, the group’s Spanish factories (located in the Galician towns of Arteixo and Narón) invoiced the…
Pacsun launches new collection with Formula 1 Pacsun is expanding its partnership with Formula 1 for the 2023 season with the official spring launch of new limited-edition branded apparel and accessories. Pacsun launches new collection with Formula 1. – Pacsun…
Gap sees weak sales as inflation-hit consumers rein in spending on apparel By Reuters Gap Gap Shares of the company fell about 8% in extended trading after the Banana Republic With the Federal Reserve prepared to raise interest rates more…
Nike names new chief communications officer Nike KeJuan Wilkins – Nike The Portland-based company said Wilkins will be responsible for all global corporate, consumer, and employee communications for Nike Inc. He will report directly to John Donahoe A17-year veteran of the U.S.…
Vera Bradley to eliminate 25 corporate positions, names new CFO Vera Bradley, Inc. announced on Wednesday another leadership shakeup including the elimination of approximately 25 corporate positions. Vera Bradley to eliminate 25 corporate positions, names new CFO. – Vera Bradley…
Intimissimi names Jennifer Lopez as global brand ambassador Italian lingerie and intimate apparel brand Intimissimi announced on Monday international icon Jennifer Lopez Intimissimi names Jennifer Lopez as global brand ambassador. – Intimissimi In this role, Lopez brings a strong and…
