It seems Bagir is losing patience. The tailoring specialist has been waiting several years now for an investment by Shandong Ruyi to complete and with no sign of that happening, it's taking action for breach of contract.
Go Global closed on the deal for the online women's retailer, which carries a range of women's indie and vintage clothing, shoes, handbags and accessories, on January 27, with financial backing from Tiger Capital Group.
The San Francisco-based apparel group has teamed up with the world’s largest fashion resale platform to encourage consumers to participate in the circular economy, becoming a partner in its Resale-as-a-Service program.
U.S. department store operator Sears has reportedly reached a deal for a fresh financial lifeline totaling roughly $100 million from hedge fund Brigade Capital Management LP, as it tries to stabilize after bankruptcy.
Première Vision Paris and the Fairyland for Fashion shows (with Texworld and Apparel Sourcing) ended up hosting just under half of the Chinese exhibitors expected, and all reported big declines in visitor attendance.