Abercrombie cuts sales forecast as Hollister falls out of fashion By Reuters Abercrombie & Fitch Photo: Hollister – Archivo Shares of the Ohio-based retailer were down about 5% in morning trading. Soaring inflation is eroding consumer spending power at a…
Very Group owners revive stock exchange listing plans – report Plans to list UK-based digital fashion retail giant Very Very Group Owner the Barclay family is keen to resurrect plans to float the £4 billion business, according to a report…
Puig acquires a majority stake in Byredo Translated by Roberta HERRERA Spanish fashion and beauty company PuigCharlotte TilburyByredoFashionNetwork.com Byredo Rumors about the potential sale of the niche fragrance and cosmetics firm have been circulating for days. But while various media…
Showroomprivé ex-CEO Thierry Petit sells his stake Translated by Nicola Mira After stepping down from his role asThierry Petit David Dayan (left) and Thierry Petit – Showroomprivé Petit owned 20.9 million shares, and sold them for €1 each, equivalent to…
Under Armour CEO Patrik Frisk to exit Under Armour Under Armour CEO Patrik Frisk to exit. – Facebook: Under Armour In interim, it has appointed Colin Browne, the company’s chief operating officer, as interim president and CEO, as the board…
De Rigo buys Rodenstock’s eyewear division, confirms 2022 revenue guidance at over €450 million Translated by Nicola Mira Italian eyewear group De Rigo, one of the world’s leading specialists in the design, production and distribution of quality glasses, has inked…
NYC Alliance and ABG partner on Frye, Tretorn collections Authentic Brands GroupFryeTretorn, which will make its debut at leading U.S. retailers in spring 2023. NYC Alliance and ABG partner on Frye, Tretorn collections. – Frye As part of the terms…
The North Face: head of Europe to lead US business Translated by Cassidy STEPHENS Jan Van Leeuwen is set to become general manager of the Americas at The North Face His 11-year track record with VF Corp in Europe, first…
Frasers buys I Saw It First shortly after Missguided swoop So the rumours were true. Acquisition-hungry Frasers Group confirmed on Thursday that it has acquired online fashion retailer I Saw It First. I Saw It First The company said it…
Uniqlo owner to raise prices on fleece products due to weak yen By Reuters The owner of Japanese clothing brand Uniqlo Consumer prices are surging in Japan after decades of deflation, driven by the yen’s drop to a 20-year low…
