The Best 50 Fashion Retailers, Online Stores, and Labels in Germany

Germany is a major market for the fashion industry. Statistics from Statista place it among the world's top five economies serving the niche market of women's clothes. In 2020, women's apparel will generate $39.655 billion in sales. It is predicted that the market will expand by 3.5% ...

AMAZON ACQUIRES PERPULE

HIGHLIGHTS

• Amazon has acquired Indian startup Perpule that is helps offline stores go online.
• Amazon is trying to increase its presence in India as majority sales in India still happen in physical stores.

Amazon has acquired Indian s...

FASHION TECH: CORONAVIRUS AFFECTS TRADE EVENTS TO SHOE WEAR BRANDS

Highlights:

• Coronavirus has wreaked havoc on almost all the major industries
• Brands are unable to manufacture products as factories are based in China

Corporations have had to face major losses on account of the virus spread. High fa...

MEN’S FASHION: ONLINE STORE POSHMARK WOOS MALE CUSTOMERS WITH SNEAKERS

Highlights:

• The online marketplace is known for female apparel and accessories
• It plans to foray into home décor and male apparel

Poshmark is an online platform to sell and buy fashion accessories and apparel. The site is know...

FASHION TECH: $100 MILLION RAISED BY ONLINE MARKETPLACE

FASHION TECH: $100 MILLION RAISED BY ONLINE MARKETPLACE

Highlights:

• Moda Operandi has raised $100 which is led by Apax Partners and NEA
• The brand is known for its luxury fashion, home décor and accessories