Macy’s smashes profit estimates as leaner inventory lifts margins, shares jump By Reuters Macy’s Macy’s The company is the latest U.S. retailer to signal that attempts to trim inventory from 2022 highs were finally beginning to shape ahead of the…
Denim PV concludes an intense, high-quality edition in Milan Translated by Cassidy STEPHENS A very intense first day and a second that exceeded expectations. As visitors streamed through the various stands, the Denim Première Vision exhibitors were more than happy…
Australia’s Oscar Wylee expands across Canada with four new stores Australian eyewear brand, Oscar Wylee is expanding its presence in the Canadian eyewear market with the opening of four new store locations across the country. Oscar Wylee expands across Canada…
Primark claims progress on sustainability in last year Primark Primark The international value-focused fashion and lifestyle retail giant has published its second ‘Sustainability and Ethics Progress Report’, showing how “it’s embedding and scaling up programmes across the business to drive…
Frasers’ Boohoo and ASOS stake-building continues Frasers Group is continuing its enthusiastic stake-building in major UK fashion e-tailers Boohoo ASOS The latest purchase revealed on Wednesday takes its Boohoo position to 16.5%, up from the 15.1% level it reached early…
Dr Martens names Apple’s Ije Nwokorie its new brand chief As important as Non-Executive Directors are, Dr Martens has a much more important role for one of its non-execs, Ije Nwokorie, to fulfil. The fashion footwear brand is appointing Nwokorie…
Victoria’s Secret CEO steps down Victoria’s Secret brand CEO Amy Hauk is set to step down, according to a filing with the Securities and Exchange Commission on Tuesday. Victoria’s Secret CEO steps down. – Victoria’s Secret Effective on March 31,…
Luxury industry: alliances essential for growth Translated by Nicola Mira If the luxury industry wants to survive in an increasingly complex and uncertain market, its players must forge alliances and partnerships, and carry out mergers and acquisitions, in order to…
Fashion group Shandong Ruyi’s creditors seek control of Lycra By Reuters Creditors of debt-laden fashion conglomerate Shandong RuyiLycra Lycra A statement from the creditors on Monday said that Ruyi, known for its ambition to become the LVMH The lenders include…
Heidi Klum doesn’t have anything to get off her chest, because she doesn’t have anything on it. Amid a crushing wave of no-pants looks, the model and Halloween queen is pioneering nakedness in a new direction: No shirt. Or bra,…
