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Fashion

Hurr launches credit-based rental pass bundles

British rental platform Hurr has launched a new rental service, Hurr Flex, catering to a new generation of regular, multi-item, long-term renters. The new two-tier credit system allows customers to “unlock the ultimate wardrobe every day, for longer,” via one-off purchase rental pass bundles that convert into credit to be used within 12 months....

Business

Boohoo posts revenue and profit decline in FY24

Boohoo Group GMV was down 13 percent to 1,809 million pounds for the fiscal year 2024, as group performance continued to be impacted by a difficult macroeconomic environment. The company said that revenue for the year of 1,461 million pounds, declined 17 percent reflecting increased focus on profitability and difficult market conditions. Boohoo...

Business

Puma reports marginal first quarter sales growth

Puma Puma sales increased by 0.5 currency adjusted to 2,102.3 million euros in the first quarter. Supported by the continued brand momentum and despite ongoing geopolitical and macroeconomic challenges, Puma expects to achieve mid-single-digit currency-adjusted sales growth and an operating result (EBIT) in the range of 620 million euros to 700...

Fashion |Interview

Wasted Hour founder: 'Men need to learn that there's nothing shameful or wrong with borrowing from women's fashion'

First a digital magazine, then an online shop and finally a brick and mortar store: Hamburg-based concept store Wasted Hour's trajectory to date is about as multifaceted as that of its founder Martin Hufnagel. A law graduate with a penchant for fashion, culture and music, Hufnagel is a man of many talents - from founder to buyer to DJ - all...