The retailer said Tuesday it’s maintaining its forecast for the fiscal year ending in August, except for the loss of business due to a suspension of sales in Russia.

Craftsmanship has become a hot topic in the fashion industry in recent years as luxury brands move to secure their supply chains and underscore the craft credentials that set them apart from more mass market propositions.

The fast-rising Sequoia China-backed brand, known for clothing, footwear and accessories with inbuilt sun protection, has filed to list on the Hong Kong Stock Exchange.

Birimian Ventures, a Cote d’Ivoire-based investment company launched last year to help African luxury and heritage brands grow their businesses, has partnered with the European private equity firm Trail Capital.