Fashion
Burberry axes CEO and dividend, warns on profit
By Reuters Published Jul 15, 2024 British luxury group Burberry named former Michael Kors boss Joshua Schulman as its new chief executive on Monda
Swatch Group profit falls on weak China, strong Swiss franc
By Bloomberg Published Jul 15, 2024 Swatch Group AG said sales and profit fell sharply amid a China-led slowdown for luxury watchmakers. SwatchThe
China’s growth slows to 4.7% as weak retail sales drag…
By Bloomberg Published Jul 15, 2024 China’s economic growth fell to the worst pace in five quarters as retail sales slowed, piling pressure on B
Canada Goose names new information and digital chief
Canada Goose Holdings Inc. announced on Friday the appointment of Alfredo C. M. Tan to the role of chief digital and information officer, effective August 7.
China’s relentless e-commerce price war leaves sellers struggling to make…
By Reuters Published Jul 13, 2024 Chinese e-commerce vendors are struggling for survival as sales growth slows, price pressure rises and shopping
Unilever to cut a third of office jobs in Europe
By Reuters Published Jul 13, 2024 Unilever plans to cut a third of all office roles in Europe by the end of 2025 as a part of a push by the CEO to
Spanish children’s fashion reinvents itself at Fimi, sets sights on…
Translated by Roberta HERRERA Published Jul 13, 2024 In an industry beset by a shrinking market due to declining birth rates, economic pressures,
Farfetch: Shareholders sue over accusations of fraud
After the collapse of Farfetch and its rescue by Coupang at the end of 2023, several shareholders felt they had been wronged. Two of them are now suing the c
More UK consumers likely to choose retailers with a loyalty…
The lure of exclusive deals and substantial savings are becoming the bedrocks of customer loyalty schemes for UK retailers, according to the Consumer Outlook
Very Group picks agency for £60m media/ad account
The Very Group’s substantial (reportedly £60 million) media budget has been up for grabs. And after a three-way competitive pitch process, the online fash
MCM and Harper Collective launch sustainable luggage collection
MCM has teamed up with Harper Collective, founded by Jaden Smith and Sebastian Manes, to launch a personalized luggage set, rooted in sustainability. MCM an
Lounge and Kulani Kinis in summer collaboration
British lingerie brand Lounge is to release a summer limited-edition collection with Australian swimwear brand Kulani Kinis. Lounge x Kulani KinisCalling i
