Fashion
Adidas executive board member steps down as core team shrinks
By Bloomberg Published Aug 21, 2024 Adidas AG is shrinking its top executive ranks as Martin Shankland steps down as head of global operations and
Esprit France declares bankruptcy amidst ongoing financial struggles
Translated by Roberta HERRERA Published Aug 21, 2024 Following the bankruptcy of Esprit's European structure in Germany on May 15, Esprit de Corp
Unified Commerce Group acquires Greats from Steven Madden, invests in…
Unified Commerce Group (UCG)announced on Monday it has acquired Greats Inc., a digitally-native footwear brand specialising in premium sneakers for men and w
Coty misses revenue estimates on cautious retail orders, Lacoste license…
By Reuters Published Aug 21, 2024 CoverGirl parent Coty missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Laco
Guess names new interim CFO
Guess Inc. announced on Monday the appointment of Dennis Secor to the role of interim chief financial officer, effective August 26. Rafael PavarottiHe will s
Louis Vuitton names Jude Bellingham new ambassador
Louis Vuitton has announced the appointment of football star Jude Bellingham as the latest ambassador of the French luxury maison.Jude Bellingham - Louis Vui
Estee Lauder’s long-time CEO Fabrizio Freda to retire
By Reuters Published Aug 19, 2024 Estee Lauder said on Monday its long-time CEO Fabrizio Freda had decided to retire from the cosmetic giant next
Gokaldas defers Bangladesh apparel unit plan as unrest lingers
By Bloomberg Published Aug 19, 2024 Gokaldas Exports Ltd. has decided to put its plan to build a garments factory in Bangladesh on hold as the nat
All Ted Baker UK stores to shut this week –…
A few weeks ago it was a "might happen" and now it looks certain with a report that all Ted Baker shops in the UK will shut for good by midweek.That comes as
China’s spending slump weighs as e-commerce giant Alibaba misses estimates
By Reuters Published Aug 16, 2024 Alibaba Group Holding missed market expectations for first-quarter revenue on Thursday (15 August), as the comp
China e-commerce group JD.com beats profit forecasts in second quarter
By Reuters Published Aug 16, 2024 Chinese e-commerce group JD.com on Thursday reported forecast beating second-quarter profits, helped by price c
Spanish fashion group Mango adds Hong Kong shop with rent…
By Bloomberg Published Aug 16, 2024 Spanish fast-fashion label Mango has rented a 19,000-square-foot store in Hong Kong’s prime retail district
