Business

Zalando co-founder David Schneider steps down as Co-CEO

European fashion and lifestyle e-tailer Zalando has confirmed that its co-founder David Schneider is stepping down as co-chief executive officer to focus on group-wide strategic partnerships and brand relations. Schneider is handing over his role as co-chief executive officer to David Schröder, Zalando’s current chief operating officer, who has...

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Fashion

Gucci presents its Cruise 2025 show at London's Tate Gallery

Gucci and London share a long history, with founder Guccio Gucci finding work as a porter in the Savoy Hotel in 1897. Energised by the city’s vibrant spirit, he returned to Florence to open a travel goods store, with the aspiration to narrate, through his luggage, a new way of living. More than a century later, the notion of London as a place of...

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Business

Veste reports 2.7 percent drop in Q1 revenue

Veste, a company in the high-end clothes and accessories segment in Brazil, reported gross revenue of 312.6 million Brazilian real in the first quarter, down 2.7 percent. The company’s adjusted gross profit of 158.2 million Brazilian real, declined 6.8 percent with adjusted gross margin of 62.9 percent, down 1.1 p.p. First quarter adjusted...

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Fashion

Alternative Innovation wins 2024 Andam Innovation Prize

Materials company Alternative Innovation, which is developing a sustainable and recyclable alternative to leather and coated textiles, has been awarded the ANDAM 2024 Innovative Prize. Introduced in 2017, the Innovative Prize is now in its seventh edition and aims to support technological innovations that contribute to transforming and...

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