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May 2023

10 May

PTC, Made2Flow Partner to Help Brands Mitigate Waste, Greenhouse Gases

PTC, Made2Flow Partner to Help Brands Mitigate Waste, Greenhouse Gases
PTC and Made2Flow have teamed up to supply FlexPLM customers access to environmental impact measurements technology, which PTC said will help fashion retailers and types to “significantly speed up impact reduction across scope 3 [emission goals].” The businesses said the collaboration will enable users of its FlexPLM platform customers to have access to “transparent, science-based impact measurements at scale, to assist them drive more environmentally responsible decisions during design and product development.” PTC said brands and retailers “rely heavily on generalized averages and generic environmental data sets as a consequence of a scarcity of transparency and data gaps across the provision chain.” PTC said this integration occurs because the apparel, footwear and retail industry faces “increased pressure from consumers, government regulators and...
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10 May

Prada Taps Chinese Basketball Player Shuyu Yang as Brand Ambassador

Prada Taps Chinese Basketball Player Shuyu Yang as Brand Ambassador
Prada has named Chinese basketball player Shuyu Yang as its latest brand ambassador. The athlete appears in a series of photos and a brief film wearing pieces from the brand’s latest men’s collection and twiddling with a red basketball, or listening to music from a vintage turntable. With over 3 million followers on Weibo, China’s own Twitter, Yang reached national fame by helping China rating a bronze medal in the ladies’s 3×3 basketball tournament within the 2020 Summer Olympics in Tokyo. Shuyu Yang, Prada’s latest brand ambassador MengZhi/Courtesy of Prada Her gender-neutral appearance attracts a following just like the likes of singer Chris Lee, who's the face of each Gucci and Versace, in addition to Dior’s China ambassador Liu Yuxin. Each Lee and Liu are...
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10 May

Why Coty CEO Thinks Now Is Right Time for

Why Coty CEO Thinks Now Is Right Time for
“European investors need to buy Coty stock. It’s so simple as this,” said Coty Inc. chief executive officer Sue Y. Nabi of why the corporate is mulling a dual listing, because it released its latest set of earnings that beat Wall Street expectations. The sweetness company, which is listed on the Recent York Stock Exchange, issued an announcement Friday saying it was eyeing a dual Paris listing. It also revealed that it has prolonged its long-term partnership with Nabi, Coty CEO since Sept. 1, 2020. “That is the proper moment to accomplish that. Eleven quarters in line or ahead of expectation is moment to begin this,” continued Nabi, although she didn't disclose any details on the timeframe. “I'd say that on...
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