The private equity company has acquired a minority stake in Jeanologia, a Spanish maker of denim manufacturing equipment. The investment will allow Jeanologia to amplify its R&D efforts over the next three years.
According to market intelligence agency Mintel, the Chinese baby health & beauty and skincare market is expected to post an average annual growth rate of 14.5% until 2023, despite a weakening birth rate.
The Spanish apparel retailer is exploring personalisation with a denim collection which will allow customers to add embroidered words. The service will be available online and in select stores from 27 March.
UK online fashion shoppers are buying trainers and tops more than any other products and are influenced by social media, while price, choice and convenience are driving factors for fashion shoppers to buy online.
Italian fashion retailer Calzedonia is planning new store openings in the strategically important markets of the United States, China and Japan, it said on Tuesday, as it reported broadly steady sales for 2018.