JP Morgan is now Boohoo’s second-biggest shareholder JP Morgan has become the second-largest Boohoo The move means JPM is now the largest institutional investor in the group as T Rowe Price International cut its stake in boohoo to 5% from…
Lightspeed names JD St-Martin president Montreal-based commerce tech firm Lightspeed announced on Friday the promotion of JD St-Martin to the role of president. Lightspeed names JD St-Martin president – Lightspeed In this role, St-Martin, who is currently chief revenue officer, will…
Macy’s to hire more than 41,000 workers for holiday shopping season By Reuters Macy’s The department store chain said hiring for the seasonal positions will be at its Macy’s, Bloomingdale’s and Bluemercury stores, supply chain locations and call centers. Last…
Michael Jordan ‘Last Dance’ jersey sells for $10.1 mn By AFP-Relaxnews A jersey worn by basketball legend Michael JordanSotheby’s AFP The iconic red Chicago Bulls jersey, with Jordan’s number 23 on the back, went for the highest amount of any…
Lacoste names Catherine Spindler deputy managing director Translated by Nicola Mira On October 10 2022, Catherine Spindler took up a new position at LacosteThierry GuibertAigleGantThe Kooples Catherine Spindler – Lacoste Spindler began her business career at Guerlain “Catherine Spindler’s appointment…
Snapchat rolls out ‘Director Mode’ to compete with TikTok By AFP-Relaxnews Social networks are no longer just platforms for chatting and sharing opinions and pictures; they have become true spaces for exhibiting and realizing creative projects. Snapchat has rolled out…
VF Corp unveils five-year growth strategy, cuts FY23 guidance on weak Q2 VF Corp. announced on Wednesday a new strategy to accelerate revenue growth by a compound annual growth (CAGR) rate of mid- to high-single digits by 2027, as it looks to…
Never Fully Dressed dips its toes in Los Angeles British designer Lucy Aylen, founder of the fashion brand Never Fully Dressed, invites herself for the first time in Los Angeles, with a pop-up at the trendy Platform shopping location. Never…
A.K.A. Brands lowers outlook on currency headwinds A.K.A Brands announced on Thursday financial results for the third quarter, highlighting a net sales decrease of 3.7% to $155.8 million for the three months ending September 30. Princess Polly The San Francisco-based company…
Bestseller posts record results for 2021-22, but prudence is in order Translated by Nicola Mira In fiscal 2021-22, closed on July 31 2022, Danish fashion group Bestseller A look by Vero Moda, one of the Bestseller group’s brands – DR…
