British fashion retailer Sweaty Betty, known for women’s activewear, is now sold to renowned American footwear firm Wolverine Worldwide.

Alessandro Zucchi, President, ACIMIT, commented, “The data coming from our survey are certainly positive and testify to a renewed climate of trust. On the domestic market, in addition to a physiological rebound following the collapse of 2020, the boost generated by the 4.0 incentives is felt. The digitisation of businesses is truly perceived as a lever of competitiveness for the entire textile supply chain, especially the Italian one.”

To make a difference to animals and the planet, Ocean Project, the US-based fashion company, pulls 2.2 pounds of plastic trash from oceans, rivers and waterways on selling one T-shirt or accessory.

The UK business arm of the American fashion retailer Victoria’s Secret has moved out of administration and gone into liquidation.

Capri Holdings, which owns reputed fashion brands such as Versace and Michael Kors, has raised its annual forecast.

American sportswear and footwear retailer Foot Locker buys two athletic retailers for US $ 1.1 billion.