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Business

Canadian retailer Comark Holdings to restructure as virus crisis weighs

Canadian retailer Comark Holdings to restructure as virus crisis weighs

Comark Holdings Inc said on Wednesday it would restructure under the Companies’ Creditors Arrangement Act (CCAA) as the fallout from the COVID-19 pandemic hit the Canadian apparel retailer’s business.
Fashion
Business
Adidas says China sales back to growth faster than expected

Adidas says China sales back to growth faster than expected

Adidas said on Thursday that sales had returned to growth in greater China faster than it had expected after the coronavirus lockdown, while the reopening of business in Europe and the Americas was going more gradually.
Fashion
Business

Amazon in talks to buy $2 billion stake in Indian telco Bharti Airtel - sources

Amazon.com is in early-stage talks to buy a stake worth at least $2 bn in Indian mobile operator Bharti Airtel , three sources said, underscoring the growing attraction of India's digital economy for U.S. tech giants.
Fashion
Business

Ebay raises current-quarter sales, profit forecast on higher demand

Ebay Inc raised current-quarter revenue and profit forecast on Thursday, as people stuck at home due to the COVID-19 pandemic ordered more from the e-commerce platform, sending its shares up 10%.
Fashion
Business

Trade shows

Harrogate Fashion Week postponed to August

Harrogate Fashion Week postponed to August

Organisers of Harrogate Fashion Week announced this week that the trade show will be postponed to 23-24 August because of the coronavirus crisis and disruptions to the buying season. 
Fashion
Trade shows
JOOR links with London Fashion Week and Premium for virtual shows

JOOR links with London Fashion Week and Premium for virtual shows

Digital wholesale platform JOOR said on Wednesday that it will power key fashion industry events London Fashion Week next month and Premium Berlin in July, as well as a number of autumn fashion events.
Fashion
Trade shows

Parisian trade show Tranoï looking for new partners

In mid-April, Tranoï filed for a protection procedure to navigate the period of uncertainty caused by the Covid-19 pandemic, and is now looking for new investors to bolster its evolution.
Fashion
Trade shows

Valmont Barcelona Bridal Week to present new format in September

The bridal showcase has announced that its upcoming edition will take place on 4-10 September with a flexible and hybrid format that combines physical and digital initiatives.
Fashion
Trade shows