Australia’s No. 1 department store chain Myer Holdings said on Wednesday CEO Richard Umbers would step down after its third profit warning in a year, boosting demands from its biggest shareholder for a board overhaul.
Luxury shoe brand Stuart Weitzman stepped intoNYFW for the first time with a brand new creative director who added chunkier heels designed for comfort to the brand’s signature collection of sky high heels and boots.
A deal has been struck to sell Bally and while we don’t know how much the deal’s worth, we do know that the Swiss brand will be controlled by one of the world’s biggest textile names, Shandong Ruyi Investment Holding.
Luxury brand Jimmy Choo and streetwear label Off-White will celebrate the launch of their collaboration on February 21, with the opening of a pop-up at the Galeries Lafayette flagship on Paris' Boulevard Haussmann.
Fresh off the heels of his Superbowl halftime show performance, Justin Timberlake is opening a multi-brand pop-up shop in NY this weekend. Product will include collaborations with Levi's, Warby Parker and Jordan Brand.
Net-a-Porter has announced a series of changes to its buying team, including the appointment of Nayla Touma, previously DMM for footwear at Bergdorf Goodman, as buying director for shoes, handbags and accessories.
Jimmy Choo has the potential to be a $1bn dollar brand and the success of its integration into the Michael Kors group has made its new owner hungry for more acquisitions and happy to accelerate its accessories expansion.