The trend of casual activewear has done wonders for many apparel companies around the world, but it’s also come at a cost due to the scarcity of materials that are both stretchy and durable. Tackling this, sustainable materials company Ecofibre (ASX: EOF) has been engaged by sportswear giant Under Armour through a major supply agreement
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Plus-size clothing specialists City Chic Collective (ASX: CCX) has completed its departure from the US market having settled its divestment of its Avenue business to FullBeauty Brands, ending a troublesome period where marketing tailwinds were curbed by the pandemic and rise of online shopping. This strategic divestment is part of a business restructure by City
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Even as discretionary spending takes a hit, fashion retail company Mosaic Brands (ASX: MOZ) has come out strong, ending the first half of FY24 with a 50% increase in its Net Profit After Tax (NPAT) on PCP. As per its recently released unaudited trading update, the Company expects to report an approximate NPAT of $5.9
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Australian fashion retailer City Chic Collective (ASX: CCX) is set to significantly expand their exposure to the lucrative U.S fashion market following the acquisition of US-based plus-size retailer Avenue Stores LLC for $24.4m. With Avenue Stores going under the hammer via commercial auction, City Chic was successful with a bid of US$16.5m (approximately A$24.4m) for
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