Widespread industry destocking and tough year-ago comparisons have continued to hurt Coats Group with the UK-based threads and footwear components giant seeing its half-year revenues and earnings fall. Coats In …
Watches of Switzerland Group (WoS) reporting a dip in revenues? Yes, it can happen. It said that Q1’s “robust” demand for luxury watches exceeded supply in UK/Europe (which represents 88% …
By Reuters Published Aug 18, 2023 Coach parent Tapestry, which agreed to buy Capri Holdings last week, forecast fiscal 2024 profit and sales below estimates on Thursday after waning U.S. …
By Bloomberg Published Aug 18, 2023 Honest Co. hired Carla Vernón, a veteran of Amazon.com Inc., to guide the consumer-products startup out of rough waters. Her turnaround bid relies largely …
By Bloomberg Published Aug 18, 2023 To reach new customers across Asia, Estée Lauder Cos. has spent the past two years beefing up its global supply chain. Executives have heralded …
By Bloomberg Published Aug 18, 2023 At the helm of Ralph Lauren Corp., Chief Executive Patrice Louvet is navigating the novel challenges modern times bring for the fashion industry. The …
Designer Peter Do is launching a Banana Republic collab with a capsule collection that will drop in selected stores and online in October. It feeds neatly into the quiet luxury …
By Fibre2Fashion Published Aug 18, 2023 Finnish company Marimekko continues to expand its business in Asia and has opened two new markets, Vietnam and Malaysia, in a loose-franchise partnership with …
Farfetch’s Q2 to June 30 saw digital platform GMV and digital platform services revenue growth accelerating to 7% and 10% year-on-year. And it saw record active consumers of 4.1 million, …
American Eagle Outfitters said COO Michael Rempell has decided to leave in early fiscal 2024 after over 23 years with AEO, “to pursue personal interests and spend more time with …