- Published in Fashion
The euro's weak exchange rate will have its impact on clothing in the next few months: the majority of clothes is imported into Europe and will now become more expensive.
American online retailer Amazon is rumoured to be in (early) talks to acquire the luxury retailer Net-a-Porter. It would be Amazon's largest ever purchase.
Metal bands and their die-hard fans are not happy with H&M's newest project: the Swedish fashion chain launched a collection of T-shirts based on fictional metal bands. A huge social media backlash, on Facebook and YouTube, immediately followed.
Turnover and profit for Swedish fashion group Hennes & Mauritz - which owns brands like H&M, COS and & Other Stories - has grown considerably in its previous quarter.
Dutch Macintosh Retail Group has been through a annus horribilis: its 2014 turnover may have grown, but its losses grew even more rapidly - now surpassing the 100 million euro milestone.