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Retail real estate investor Eurofund Group launches UK arm
Investment and real estate development company Eurofund Group has officially launched a UK arm with the appointment of a three-strong team in London.
Fashion
Retail
THG share plunge continues after update
THG can’t seem to catch a break. After it reported strong figures in its latest update, its share price continued to plummet, down from over £3 each at the previous day’s close to less than £2.40 each in early trading.
Fashion
Business
SMCP on road to recovery as Q3 sales rise, despite regional variations
SMCP has had to deal with plenty of background ‘noise’ of late as issues around its parent company persist. But it’s remained laser-focused on driving sales back to more normal levels and saw some success in Q3.
Fashion
Retail
Alphabet beats sales estimates, posts record profit again on Google ad surge
Google owner Alphabet Inc on Tuesday beat expectations for third-quarter revenue, a positive sign that its advertising business is overcoming new limits on tracking mobile users.
Others
Media
Design
BFC names TikTok as transformed Fashion Awards 'Principal Partner'
The British Fashion Council has unveiled short-form mobile video social media platform TikTok as its Principal Partner for The Fashion Awards 2021 on November 29.
Fashion
Design
Tory Burch and Parsons partner on new scholarship fund
Tory Burch and the School of Fashion at Parsons School of Design announced a new five-year multi-disciplinary partnership to promote and celebrate creativity, innovation, and entrepreneurship.
Luxury
Design
Tommy x Timberland: Hilfiger’s latest collab debuts on Tuesday, Oct. 26
For those brought up in Britain, 'TT' stands for Tourist Trophy, the toughest motorbike race in the world. In fashion it stands for 'Tommy x Timberland', the latest collab from the designer which debuts on October 26.
Fashion
Design
Stella McCartney creates first vegan football boot with Adidas and Paul Pogba
Stella McCartney and Adidas have worked together to produce the sports giant’s first 100% vegan football boot. The Paul Pogba x Adidas by Stella McCartney Predator Freak is a limited-edition, gender-neutral shoe.
Fashion
Design
Appointments
Estée Lauder group president Cedric Prouvé to retire
The Estée Lauder Companies announced on Tuesday that group president, international, Cedric Prouvé will retire next summer, effective June 30, 2022.
Beauty
Appointments
LuisaViaRoma names Alessandra Rossi as new CEO
The famous Florentine luxury retailer has finalized the sale of a 40% stake to Italian investment fund Style Capital. Founder Andrea Panconesi, has retained his role as president, while Alessandra Rossi has become CEO.
Fashion
Appointments
Levi’s elevates Sanjeev Mohanty to head U.S., Canada operations
Levi Strauss & Co has elevated Sanjeev Mohanty, the current senior vice president and managing director of South Asia-Middle East and Africa to head the company’s operations in the U.S. and Canada.
Fashion
Appointments
JCPenney names Marc Rosen CEO, Shashoua is executive chairman
US retail giant JCPenney has a new CEO and has named Marc Rosen to the post, effective November 1. And Stanley Shashoua, chief investment officer at the firm’s owner, Simon Property Group, becomes executive chairman.
Fashion
Appointments
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