The Moorestown, New Jersey-based maternity apparel company managed to cut costs and slash its net loss in the third quarter despite slipping sales, as its recently announced multi-year strategy takes hold.
With UK retail under Brexit pressure, international shoppers remain a bright spot and they’re bringing “a much-needed boost to the sector during the crucial winter trading period,” says payments provider Planet.
The maternity-wear company announced its new multi-year strategy “Destination -> Forward” on Thursday, setting ambitious targets for 2022 as it seeks to streamline its operations and foster innovation.
Menswear personalised styling service Thread has raised almost £17 million (actually $22 million) in Series B funding with the company’s latest investment round attracting H&M’s investment arm, among others.
The luxury end of the market is outperforming the UK fashion market and while sales to international shoppers have been in decline after the boost that they gained from the Brexit vote, that declined eased in August.
It was all about elegant modesty at the Fashion Forward Dubai, where shows by local designers provided insight into local modes, mores and moods. Albeit leavened with international creators at FFWD, which ended Sunday.
The biggest problem when founding and driving a fashion house is managing people, and the smartest solution is listening to everyone’s opinion, including the intern, according to digital printing queen Mary Katrantzou.