ASOS stays ahead in H1, but growth slows, sees risks ahead ASOS on Tuesday said it’s still seeing rising sales, while it made a profit in line with guidance. But the figures were muted and it warned that the external…
China’s Alibaba to apply for dual primary listing in Hong Kong By Reuters Alibaba Reuters The e-commerce giant’s move, announced on Tuesday, comes as both Washington and Beijing sharpen scrutiny over Chinese companies’ listings, and after a devastating regulatory crackdown…
More misconduct allegations against Guess’ Paul Marciano GuessPaul Marciano More misconduct allegations against Guess’ Paul Marciano. – Facebook: Marciano In a press conference on Thursday, four new women shared their personal experiences with Marciano and also revealed a lawsuit against…
Fat Face appoints bankers to look at possible sale The owners of Fat Face Photo: Sandra Halliday A report in the Sunday Times said they’ve appointed Rothschild to look at strategic options, including a possible sale of the business. It’s…
Mango sales soar in first half of 2022, Europe, US, India are key markets Mango Mango The company added that its first six months saw higher gross operating profit compared to a year ago as it enjoyed a strong performance…
J.C. Penney names new marketing head J.C. Penney announced this week the appointment of John Aylward to the role of chief marketing officer (CMO), effective June 6. J.C. Penney The Plano, Texas-based retailer said Aylward will assume the role as the company…
G-III takes full ownership of Karl Lagerfeld label Translated by Roberta HERRERA G-III ApparelSonia RykielKarl Lagerfeld A look from the ready-to-wear brand – Karl Lagerfeld The transaction is valued at $210 million (200 million euros), with G-III buying out a…
Everyone’s going wild for the metaverse… apart from consumers By AFP-Relaxnews The fashion industry seems to be forever vaunting the merits of the metaverse, as the sector gradually starts experimenting with its infinite possibilities. But do consumers share this enthusiasm?…
Express names collegiate athlete style ambassadors Columbus, Ohio-based fashion apparel retailer Express Columbus-Based Fashion Retailer Partners with Hometown Athletes CJ Stroud and Jaxon Smith-Njigba. – Express Inc. Local Columbus collegiate football players CJ Stroud and Jaxon Smith-Njigba will join the…
Recover closes $100 million minority investment Materials science company Recover announced on Thursday the closing of a new $100 million minority equity capital investment. Recover closes $100 million minority investment. – Recover The investment was led by the sustainable investing…
