Easy payments financier Klarna has launched a loyalty card feature on its app. It will allow users to store and access their physical loyalty cards as a digital version “removing the need to carry plastic equivalents".
A giant group comprising European fashion councils and other bodies has been created under the European Fashion Alliance (EFA) banner to “empower a prosperous, sustainable and inclusive European fashion ecosystem”.
E-tail giant Boohoo Group has named Shaun McCabe as its new CFO to succeed Neil Catto whose role will transition to an Executive Director, remaining on the board, “with responsibility for strategic projects”.
Scotch & Soda is continuing its European expansion plans and has just opened its first directly operated store in Italy. It’s located on Milan’s Via Alessandro Manzoni, one of the main fashion destinations in the city.
Loro Piana has announced the winners of the sixth edition of its international Knit Design Award competition. The winners were students Po-Chieh Chiu and Shanon Poupard from the Institut Français de la Mode, Paris.
The second-hand clothing company has changed its name, is focusing on providing services for brands and retailers, and raising another €12 million from the same funds with which it had already raised €7 million in 2021.
London-based jewellery brand Astrid & Miyu has marked its 10th anniversary with the debut of its first permanent international store in New York. The opening follows a number of pop-ups in the city in previous years.
Franchise Group is considering lowering its bid for department store chain Kohl's Corp to closer to $50 per share from about $60 apiece, CNBC reported on Wednesday, citing a source familiar with the deal talks.
Ebay Inc. announced on Wednesday it has acquired non-fungible token marketplace KnownOrigin for an undisclosed amount, as the U.S. e-commerce marketplace looks to strengthen its product offering for digital collectors.