The Philadelphia-based lifestyle and services company announced “record” sales for the 2019 holiday season on Thursday but disappointed analysts with the results of its flagship brand and warnings of weaker Q4 margins.
This season, the Milan Fashion Week Men’s has teamed up with London, and will welcome a spate of new names and major comebacks, from Gucci to Ferragamo, to bolster its programme and make up for 11 withdrawals.
In the midst of a turnaround orchestrated by CEO Jill Soltau, the American department store operator reported a decrease in comparable sales for the holiday period but reaffirmed its full-year financial guidance.
IKEA's shopping centre business is spending 170 million pounds to buy and upgrade a London mall in its first foray into Britain, betting it can win over a nation increasingly doing its shopping online.
Luxury brand Trussardi, owned by investment fund QuattroR since February 2019, has reevaluated its distribution and begun a brand revival with a more coherent and premium offer and new creative collaborations.
Value fashion retailer New Look said on Thursday that Roger Wightman is leaving his post of Chief Product Officer after 30 years and will be replaced by Helen Connolly who will be Chief Commercial Officer.
Dean and Dan Caten, the most successful foreigners in Italian fashion, celebrate the 25th anniversary of their fashion house on Friday night in Milan. We got their inside take on a most remarkable immigrant career.
Apparel giant PVH Corp is selling its Speedo North America business to UK-based Pentland Group, which is the parent company of Speedo International Limited. The British firm is paying $170 million in cash.