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Business

Metaverse could be worth an estimated $5 trillion by 2030

Metaverse could be worth an estimated $5 trillion by 2030

E-commerce is forecast to be the metaverse’s main source of revenue, accounting for approximately 50% of its total value by 2030. 
Fashion
Business
Aeffe incorporates its lingerie producer Velmar

Aeffe incorporates its lingerie producer Velmar

The Italian luxury group, owner among others of Moschino, is busy reorganising and has incorporated its lingerie and beachwear specialist Velmar, which also holds the Chiara Ferragni swimwear license.
Fashion
Business

Kohl's ends sale talks with Franchise Group, shares plunge

U.S. department store chain Kohl's Corp on Friday called off its sale to Franchise Group after months of negotiations, citing sinking markets and difficult financing conditions.
Fashion
Business

Boots revenue soars says owner as WBA reports overall lower Q3 sales

​After Walgreens Boots Alliance (WBA) pulled the UK-based Boots chain from sale earlier this week, all eyes were on how the chain performed when WBA released its Q3 results on Thursday.
Beauty
Business

Trade shows

Fimi relies on globalization to return to normality

Fimi relies on globalization to return to normality

The children's fashion fair held in Valencia from June 17 to 19 wrapped up its latest edition with 123 participating brands and its sights set abroad, as well as making progress in innovation and sustainability. 
Fashion
Trade shows
Première Vision Paris show ready for July edition

Première Vision Paris show ready for July edition

The Parisian trade show will host 1,200 exhibitors at its first edition dedicated to the Fall/Winter collections to be held in July rather than September, scheduled on July 5-7 at the Villepinte exhibition centre.
Fashion
Trade shows

Tranoï show focuses on menswear creativity

While Paris hosted the men’s fashion week, the Tranoï show was held on June 23-26 at the Palais de Tokyo in the city, with some 40 established and emerging labels showcasing their menswear collections.
Fashion
Trade shows

Hyve Group update shows faster-than-expected tradeshows recovery

Hyve Group, the organiser of Pure London, Moda and many other tradeshows, has issued a business update and said that the pace of in-person event recovery is “considerably ahead of anticipated levels”.
Fashion
Trade shows