Frederick Lukoff, the long-time president of Stella McCartney, quits to become CEO of Dutch brand Scotch & Soda. A surprise move, barely one year after overseeing McCartney's buyback of 50% of her company from Kering.
Look Holdings will fully acquire Bisonte Italia Holdings which runs the leather goods brand Il Bisonte, the business announced on June 12. Look Holdings will make Il Bisonte its subsidiary following the deal.
Inditex is another of the big winners in global fashion retail and while its sales and profits increases may not always match analysts’ lofty expectations, it's a consistent performer as it continues to expand globally.
John Lewis Partnership sales dipped ever so slightly in the seven days up to June 8, with a 0.5% fall to £214.72 million. But the biggest drain on the performance was the Waitrose supermarkets, where sales fell 3%.
The Fort Wayne, Indiana-based accessories company announced a mixed bag of financial results for the first quarter ended May 4th, 2019, as net sales came in above analysts’ expectations but net losses continued to widen.
Monsoon Accessorize has delayed its company voluntary arrangement plan in the wake of the delay to Arcadia’s CVA. Reports suggested Monsoon boss Peter Simon had been planning to launch a CVA as early as last Friday.
Pure London’s upcoming show in July will showcase over 700 brands, including sustainable labels and premium names, as well as present the opportunity to discuss the industry’s latest developments in a series of talks.
“For me, influencers are a game changer,” says Maria Giulia Prezioso Maramotti of Max Mara, underlining the Italian house’s committed effort to connect with a younger generation of consumers worldwide.
The American fashion e-tailer is set to start trading on the New York Stock Exchange on Friday, pricing its shares at $18 each for an initial public offering with an overall valuation of $1.23 billion.