Tag: raises

Fashion Outlet Otrium Raises 24 Million

Unfortunately, you must select Germany or Austria as your resident country when checking out, as our webshop works via a german app. Nike has secured a deal to buy virtual fashion startup RTFKT because it ramps up its metaverse funding. Lululemon has warned of a slowdown in the sales athleisure as the new Omicron variant spreads throughout the globe. The former chief customer officer at Ted Baker, Jennifer Stephens, has joined fashion rental venture Onloan as a board advisor.

Worldwide there is a lot want to purchase new clothes that giant fashion concerns are again promoting as a lot or greater than before the corona disaster. Inditex, the Spanish parent company of chains corresponding to Zara and Bershka, sold 10 percent extra within the quarter than in the same period in 2019. H&M reported sales from September to November have been at the same level as two years earlier, when …

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