Highsnobiety, founded in Berlin by David Fischer, said on Friday it had secured $8.5 million in funding, becoming the latest lifestyle startup to win backing from investors led by Frederic Court’s Felix Capital.
On 21 and 22 January the bi-annual fashion trade show Modefabriek will take place at Amsterdam Rai. The event will bring together 600 brands and host talks, fashions shows and other events for fashion professionals.
Tommy Hilfiger, IBM and The Fashion Institute of Technology have teamed up for an Artificial Intelligence pilot project. The project called ‘Reimagine Retail’ will have AI play the lead in the design creation process.
Dutch retailer Hema will open three stores in Dubai. The company, which will partner with Dubai’s Apparel Group, also plans to opens additional stores across the Middle East within the next five years.
On 11 January, Dutch department store chain de Bijenkorf announced that it is closing its Woerden-based distribution center. De Bijenkorf plans to merge and outsource all distribution activities to a new partner in 2019.