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Saturday, August 24, 2019

CEO exit: Ulric Jerome leaves Matchesfashion.com

Ulric Jerome is leaving Matchesfashion.com, the retailer he's led as CEO since 2015. No reason for his exit has been given. For now, his role will be handled by COO Tom Athron and CFO Fiona Greiner.

Fashion Pact: 30 fashion giants step up for the environment

On August 26, Kering CEO François-Henri Pinault will present to the G7 summit the shared environmental goals for 2030-2050 decided by 30 global giants in the fashion and luxury industries.

Resale clothing company thredUP gets $175 million in funding

Online resale store thredUP said on Wednesday it received $175 million in funding which it will use to expand its platform to offer resale clothing services to retailers.

Hong Kong on brink of recession as trade war, political protests escalate

Hong Kong is on the verge of its first recession in a decade as increasingly violent anti-government protests scare off tourists and bite into retail sales in one of the world's most popular shopping destinations.

Revlon to explore options, says largest shareholder

Revlon Inc's largest shareholder MacAndrews and Forbes said on Friday the cosmetics maker would explore options for the business.

Nike x Sacai: a collaboration bringing together fashion and running
The Japanese brand Sacai, led by its founder and designer Chitose Abe, has launched its collaborative collection with Nike, celebrating the brand’s connection with running.

8/23/19 | Sports | Collection

Nike x Sacai: a collaboration bringing together fashion and running
Binx Walton, Lina Zhang and Lara Mullen star in new Proenza Schouler campaign
Lazaro Hernandez and Jack McCollough, the creative duo behind Proenza Schouler, have called upon Binx Walton, Lina Zhang and Lara Mullen for their label's Fall-Winter 2019 campaign.

8/23/19 | Luxury - Ready-to-wear | Campaigns

Binx Walton, Lina Zhang and Lara Mullen star in new Proenza Schouler campaign
Levi Strauss & Co. unveils a new global water strategy
Denim giant Levi Strauss & Co. has unveiled a new water action strategy that aims to alleviate the pressure on communities facing water stress.

8/23/19 | Denim | Industry

Levi Strauss & Co. unveils a new global water strategy
Meghan Markle offers glimpse of UK clothing line for women job-seekers
Meghan Markle has made a surprise appearance at a fashion shoot for her new clothing line with the London charity Smart Works, which helps long-term unemployed women look for jobs.

8/23/19 | Fashion - Ready-to-wear | Collection

Meghan Markle offers glimpse of UK clothing line for women job-seekers
Reiss launches new campaign as it releases powerful set of sales figures
Reiss had a lot to shout about on Friday as the company that’s proving to be one of the winners in the under-pressure UK fashion retail market released both its latest sales figures and a new campaign.

8/23/19 | Fashion - Ready-to-wear | Business | Campaigns

Reiss launches new campaign as it releases powerful set of sales figures
H&M's stylish employees make ideal brand ambassadors
H&M has unveiled a new raft of brand ambassadors -- recruited from among its own employees.

8/23/19 | Fashion - Ready-to-wear | Campaigns

H&M's stylish employees make ideal brand ambassadors
Gap same-store sales disappoint as Old Navy struggles
Gap Inc posted quarterly same-store sales that fell short of analysts’ estimates on Thursday, as Old Navy suffered its worse comparable sales figures in three years ahead of a planned spin-off of the brand.

8/23/19 | Fashion - Ready-to-wear | Business

Gap same-store sales disappoint as Old Navy struggles
Amazon to acquire minority stake in Future Retail Ltd
Amazon.com Inc is set to snag a minority stake in India's Future Retail Ltd , which operates more than 900 stores in India and owns several supermarket brands, including Big Bazaar.

8/23/19 | Fashion - Miscellaneous | Business

Amazon to acquire minority stake in Future Retail Ltd
UK retail sales plunge in August fastest pace since 2008 - CBI
British retail sales plunged in August at the fastest pace since December 2008, according to a survey that will raise further questions about the economy's strength ahead of Brexit in October.

8/22/19 | Industry

UK retail sales plunge in August fastest pace since 2008 - CBI
Columbia announces expansion of global headquarters
US active apparel giant Columbia Sportswear Company has announced the expansion of its global headquarters, located in Washington County, Oregon.

8/22/19 | Sports | Industry

Columbia announces expansion of global headquarters

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