The ex-chief financial officer of Salvatore Ferragamo in the Americas will be tasked with turning around the loss-making fashion brand as its new CFO. His appointment follows the departure of CEO Paolo Rivas on Friday.
The president of luxury group LVMH has become the world's second-richest man, overtaking Microsoft co-founder Bill Gates but ranking behind Amazon’s founder Jeff Bezos, according to Forbes and Bloomberg.
Fila is tapping into its mountaineering roots for its latest collection.The sportswear brand is preparing to unveil ‘Explore,' a fashion-driven series inspired by the great outdoors.
Grupo Axo, which holds the license to distribute fashion brands including Victoria’s Secret, Nike and Calvin Klein in Mexico, has entered into various agreements to acquire ecommerce retailer Privalia Mexico.
Spreadshirt, an e-commerce company offering print-on-demand services for clothing and accessories, has attributed a staggering increase in revenues and profitability to its success in Germany, the US and France.
Ralph Lauren has opened a UK standalone store for its Double RL sub-brand at 3 Newburgh Street in Carnaby this week. The 634 sq ft space is the only UK site for the heritage label.
A report published on Wednesday by a parliamentary commission found that the violence linked to the ‘yellow vest’ movement has had a disastrous impact on entire sectors of France’s economy, costing billions of euros.
UK retail sales rose 1% by volume month-on-month in June compared to May, better than the 0.3% drop that had been predicted, and non-food stores were responsible for the rise.
The news about UK retail in June may have been largely bleak but it seems that e-tail sales “bounced back” last month with the latest IMRG Capgemini eRetail Sales Index on Thursday showing retail sales up 8.5%.
Instagram started hiding "likes" on its platform in Australia, Brazil and several other major markets Thursday, saying it wanted to ease pressure on users, following criticism about its impacts on mental health.
