Frasers Group may have brought Missguided founder Nitin pass back to run that business after it acquired it out of administration, but it’s not gone for continuity with another buy, that of I Saw It First.
British retail titan Sir Ralph Halpern has died at the age of 83. The executive, who launched the Topshop chain and once ran Debenhams, was one of the highest-profile retailers during the Thatcher era in the 1980s.
Italian luxury group Prada SpA is considering seeking at least $1 billion from a second listing in Milan and is working with Goldman Sachs Group Inc on early preparations, Bloomberg News reported on August 12.
Primark has named Michelle McEttrick to the new Chief Customer Officer role, “to develop the Primark brand and customer strategy as the business continues its expansion across new markets, channels and products”.
Growth in Bangladesh's garment exports could drop to 15% this year after an unusually strong expansion of more than 30% in 2021, two industry leaders told Reuters, as US and European customers grapple with inflation.
The import of textiles and apparel by the US continues to grow fast, rising by 30.97 per cent to $66.308 billion in the first six months of 2022, compared to $50.626 billion in the same period of 2021.
Archroma has announced it has entered into a definitive agreement to acquire the Textile Effects business from Huntsman Corporation, an American multinational manufacturer and marketer of chemical products.