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LVMH has acquired an undisclosed minority stake in Swedish fashion brand Our Legacy, The Business of Fashion reported. The transaction comes following Our Legacy posting sales of €40 million (US$42.9 million) in the year ended June 30. Our Legacy will use the…
Zara-owner Inditex posted a net loss of US$229 million during the six months to 31 July, after a successful second quarter largely helped mitigate a disastrous start to the year. The first three months suffered a $481 million loss due to the sudden impact of…
Japanese fast-fashion brand Uniqlo has launched a line of maternity clothing. The Uniqlo maternity range includes stretch jeans, developed at Uniqlo’s Los Angeles Jeans Innovation Center. Available in blue or black, the jeans have a rib-stitched adjustable…
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