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Klarna announces job cuts, 10% of posts to go
BNPL may be booming but a troubled global economy is still presenting challenges to operators in the segment and news has emerged that one of the biggest operators, Klarna, is cutting 10% of its workforce.
Fashion
Business
West End landlord Shaftesbury hails footfall recovery, rising property values
Shaftesbury, the West End property giant that's in talks about a merger with Capco, has reported what might be its last set of results before a merger is unveiled with footfall up and its portfolio value growing.
Fashion
Business
Big luxury names still back physical retail, London, Paris, NYC are key
Major global brands will “continue betting on physical retail to drive sales in resilient destination cities”, a Savills report says. And it named New York, Paris and London as “the most attractive cities for retailers”.
Fashion
Business
True Religion inks licensing deal with GMA
American apparel and accessories brand True Religion announced on Monday an exclusive licensing agreement with Concept One Accessories and Capelli/Ballet, divisions of GMA Group.
Fashion
Business
Design
Nike vs. Adidas: Which sports brand will win the battle for designer fashion?
The rivalry between sportswear giants Nike and Adidas is nothing new, but it seems to be taking a new turn thanks to some of the world's biggest fashion houses.
Luxury
Design
Deborah James x In The Style charity collab launches
Digital women's fashion retailer In The Style has announced its newest celebrity partnership with Dame Deborah James and The Bowelbabe Fund. The collab launches with the sale of the Bowelbabe 'Rebellious Hope' T-shirt.
Fashion
Media
Tom Ford and the CFDA: An era comes to an end
The Council of Fashion Designers of America made the announcement Monday that Tom Ford was departing the organization.
Fashion
Design
Jacquemus unveils collaboration with Nike
Parisian designer Simon Porte Jacquemus has designed an accessories and ready-to-wear collection with the US sports giant, available exclusively on his label Jacquemus’s e-shop from June 28.
Fashion
Design
Appointments
Harrods names new finance chief as pandemic recovery continues
Luxury department store Harrods has finally appointed its first chief financial officer in five years. Tim Parker will join the business after 10 years at Hong Kong-based, London-listed conglomerate Jardine Matheson.
Luxury
Appointments
Stitch Fix poaches Marc Jacobs exec for chief marketing role
Online fashion subscription service Stitch Fix announced on Monday the appointment of Debbie Rose Woloshin to the role of chief marketing officer, effective immediately. Woloshin comes to Stitch Fix from Marc Jacobs.
Fashion
Appointments
Marine Serre strengthens her company with two key appointments
The designer’s eponymous label, known for its upcycled garments, is appointing Carol Girod as its first chief operations officer and Alya Nazaraly as marketing and digital director.
Fashion
Appointments
Singapore's Zilingo fires CEO Ankiti Bose
Singapore-based fashion startup Zilingo has fired its Chief Executive Officer Ankiti Bose after an independent investigation into "complaints of serious financial irregularities," the company said on Friday.
Fashion
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