Upon completion of the transaction, Indera Mills will become a division of Intradeco. Its owner, John Willingham, will continue to serve as CEO.

Skechers hits record sales in 2022, but net profit plummets.

This investment will be used to accelerate ByBorre’s international growth in key markets such as the US, Northern Europe, and Italy, further establishing its position as a leading platform for sustainable textiles.

Natural hair care brand Straand recently announced that it has received a 2 million USD pre-seed round investment from Unilever Ventures, a subsidiary of Unilever. This will accelerate its expansion into the United States, the United Kingdom, Europe, and China.

Besides, the company was given the Double A rating for climate and water for the fourth consecutive year by CDP (Carbon Disclosure Project).

The Deloitte report predicts that in the future, more brands will expand their second-hand product sales channels and buy back rare and discontinued watches from third parties.

Finding a buyer is not part of their plans.

Camilla’s revenue jumped from $98 million to $118.2 million between 2021 and 2022.

Chairman, President and Chief Executive Officer Tim Boyle noted, “Financial performance could have been even higher, absent supply chain constraints.”

Kathrin and Sebastian Proft owns and manages three sustainable fashion companies in Germany and Austria. They started with the takeover of the Bavarian retail fashion company Dollinger, followed by the Stapf brand after insolvency proceedings in 2017, and finally, Feli & Hans (formerly H.Moser) in 2019.