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PayPal says it is currently not pursuing Pinterest acquisition

PayPal says it is currently not pursuing Pinterest acquisition

PayPal Inc said it is not pursuing an acquisition of Pinterest Inc at this time, after several media reported last week that it was in talks to buy the digital pinboard site for as much as $45 billion.
Fashion
Olympic champion Allyson Felix opens first store in Los Angeles

Olympic champion Allyson Felix opens first store in Los Angeles

After her issues with former sponsor Nike, the American athlete launched her sneaker line, Saysh, in June. Now the brand has opened its first store in LA, which will move to New York next spring.
Fashion
Go Global Retail does not plan to make an offer for UK's French Connection Group

Go Global Retail does not plan to make an offer for UK's French Connection Group

Go Global Retail LLC said on Monday it does not plan to make an offer for the fashion brand French Connection Group after the UK takeover panel asked the company earlier this month to make a firm offer or walk away.
Fashion
Eco-friendly sneaker maker Allbirds aims for $2 bln valuation in U.S. IPO

Eco-friendly sneaker maker Allbirds aims for $2 bln valuation in U.S. IPO

Eco-friendly sneaker maker Allbirds Inc said on Monday it aims to be valued at over $2 billion in its New York IPO, joining a growing number of firms tapping into surging consumer demand for such products.
Fashion
OVS starts relaunching Stefanel

OVS starts relaunching Stefanel

Italian fashion retailer OVS bought the long-established women's ready-to-wear label in early 2021, and has kicked off its market relaunch with a more affordable positioning and a quality, evergreen product range.
Fashion
Michael Jordan sneakers sell for nearly $1.5 mn, an auction record

Michael Jordan sneakers sell for nearly $1.5 mn, an auction record

A pair of sneakers worn by NBA superstar Michael Jordan early in his career sold for nearly $1.5 million on Sunday, setting a record price at auction for game-worn footwear, Sotheby's said.
Fashion
Facebook ad revenue seen feeling brunt of Apple privacy changes

Facebook ad revenue seen feeling brunt of Apple privacy changes

Ahead of Facebook Inc's financial results on Monday, the social media giant is expected to be hurt more than others in big tech by Apple Inc's iPhone privacy changes.
Fashion
Anya Taylor-Joy is Dior's newest global brand ambassador for fashion and makeup

Anya Taylor-Joy is Dior's newest global brand ambassador for fashion and makeup

Dior has named British-American actress Anya Taylor-Joy as its latest global brand ambassador in the brand's core domains of fashion and makeup.
Fashion
Xmas spending set to dip says new negative UK consumer confidence report

Xmas spending set to dip says new negative UK consumer confidence report

​It’s no surprise that another UK consumer confidence indicator (released Monday) was negative and the outlook for Christmas spending's weak as prices rise. But at least it wasn't as bleak as Friday's assessment by GfK.
Fashion
TK Maxx operator TJX UK swings to big loss on Covid impact

TK Maxx operator TJX UK swings to big loss on Covid impact

​TJX UK has reported plunging turnover and a loss for the year to January (its fiscal year 2021) in a results filing at Companies House
Fashion
Ted Baker links with Animal Crossing to preview AW21 collection

Ted Baker links with Animal Crossing to preview AW21 collection

Fashion brand Ted Baker is to make its first foray into fashion gaming this month as it puts marketing support behind its AW21 offer. It’s launching its own universe on Nintendo’s Animal Crossing: New Horizons.
Fashion
Stella McCartney creates first vegan football boot with Adidas and Paul Pogba

Stella McCartney creates first vegan football boot with Adidas and Paul Pogba

​Stella McCartney and Adidas have worked together to produce the sports giant’s first 100% vegan football boot. The Paul Pogba x Adidas by Stella McCartney Predator Freak is a limited-edition, gender-neutral shoe.
Fashion
Mr Porter links with Glenfiddich and Nicholas Daley

Mr Porter links with Glenfiddich and Nicholas Daley

​We’re more used to hearing about fashion collabs from Mr Porter but the luxury e-tailer has just unveiled a link-up that suggests it’s nodding towards a wider lifestyle offer.
Fashion
Adidas and Ivy Park launch first Peloton clothing collab

Adidas and Ivy Park launch first Peloton clothing collab

​Adidas and Beyoncé have unveiled the first Ivy Park collab collection with fast-expanding home fitness brand Peloton. The line follows the announcement of Beyoncé’s partnership with Peloton last year.
Fashion
Missguided chief looks at radical restructuring options - report

Missguided chief looks at radical restructuring options - report

​Missguided founder Nitin Passi is seeking an urgent lifeline to keep the business afloat in the face of the global supply chain crisis.
Fashion
A.K.A. Brands to acquire men’s fashion brand Mnml

A.K.A. Brands to acquire men’s fashion brand Mnml

A.K.A. Brands Holding Corp., a San Francisco-based company specialized in digital-native fashion brands, has acquired direct-to-consumer men’s streetwear brand Mnml for $48.6 million. 
Fashion