To make sure you have all the cards in hand, FashionUnited has concocted a catch-up session for you. A look back at the most significant news from the past week.
Pimkie in the process of being acquired by a consortium
The women’s ready-to-wear brand Pimkie, owned by the Mulliez family association (AFM), announced on Wednesday that it had entered into exclusive negotiations to be acquired by a consortium made up of the Lee Cooper France, Kindy and Ibisler Tekstil groups. Continue reading.
Vestiaire Collective unveils its first Trust Report
With the Trust Report, Vestiaire Collective reveals for the first time the steps and details of its authentication process and highlights the combination of human and technological expertise that makes it up. Continue reading.
## In September 2022, fashion consumption increased compared to the pre-Covid period
9.4 percent increase in turnover compared to 2019, all types of trade combined, this is THE positive data that should be retained from the information on the commercial activity of the clothing and textile sector communicated by the French Fashion Institute (IFM). Continue reading.
Lyst Index: Italian brands dominate Q3 ranking
Lyst, a specialized search engine, has unveiled its ranking of the must-have brands for the 3rd quarter of 2022. First observation: the names remain the same as in the 2nd quarter, but the Italian labels this time dominate the Top 20. Continue reading.
VF revises down its outlook for 2023
The American outdoor giant has just published its second quarter results for its staggered 2023 financial year. The performance has balanced out, but remains disappointing, below forecasts. Continue reading.
Bottega Veneta offers lifetime warranty for its iconic bags
The Italian brand Bottega Veneta (owned by the Kering group) is taking its after-sales service a step further by launching the “certificate of Craft”, a maintenance service which will accompany, at no additional cost, some of its products from November 2022. Continue reading.