The San Francisco-based lifestyle retailer announced a net loss of $152 million, or $0.40 per diluted share, for the third quarter, on Tuesday, as the company struggled with ongoing global supply chain issues.
Lyst has released its Year in Fashion report for 2021, detailing the transition to the “new normal” as consumers “dressed up to go out and to make ourselves feel good” even though the effects of the pandemic remained.
Milan-based brand La DoubleJ has named “influential creative leader” Julia Leach its Chief Brand Officer. She’ll work with founders JJ Martin and Andrea Ciccoli “to realise their creative and business goals".
The United States is pondering suspending Ethiopia's duty-free market status due to abuses in the Tigray region, a decision that would threaten Ethiopia's aspirations to become a light manufacturing hub.