Fashion

Tmall Luxury Pavilion, the luxury goods platform launched by Alibaba in 2017, is experiencing an explosive growth. There is no doubt that one fast-growing target market is no stranger to that.

Three years ago, Dobbi started as a laundry and dry-cleaning service for individuals. Today, the platform is profiling itself as a partner for fashion retailers who want to become more sustainable. After the Netherlands and Belgium, the rest of the world is set to follow.

German shoe giant Deichmann has the ambition to become the market leader in family footwear in the United Kingdom. To achieve that, it wants to double its current number of 109 British stores.

Abercrombie & Fitch has announced it will start an exclusive partnership with Zappos, including its first collection of shoes.

In a year marred with lockdowns and restrictions, Belgian shoe chain Schoenen Torfs was able to limit the damage as costs were cut and e-commerce boomed.

According to the Vietnam Textile and Apparel Association (VITAS), about a third of Vietnam's textile and clothing factories have closed due to the coronavirus pandemic. As good as all logistic chains are interrupted in the world's second-largest textile exporter, in a crisis that could cost the industry billions.

Despite a high comparison base, German online fashion platform Zalando managed to grow strongly again in the second quarter. The platform now has 44.5 million active customers, 30 % more than a year earlier.