The Birmingham, Alabama-based sportswear retailer announced on Monday that Mike Longo, CEO of its recently acquired City Gear brand, will be taking over as president and CEO of the company effective immediately.
German e-tail giant Zalando said Monday that it’s to sell its baseball-to-streetwear subsidiary Kickz as it continues to focus on its strategy of making the core Zalando product "the Starting Point for Fashion”.
Capri Holdings Limited (owner of Michael Kors, Versace and Jimmy Choo) has signed a deal to buy Italian shoemaker Alberto Gozzi, which will initially become the footwear producer for Versace and Jimmy Choo.
Mothercare Plc said on Friday it had agreed to supply baby care and other products exclusively to Boots UK stores, keeping its goods on British shelves after the collapse of its retail network in its home market.
Polish multi-brand fashion retail giant LPP is stalling any thoughts of expansion for its Reserved chain in Britain for now as the economy remains unclear, despite its Oxford Street store being its top performer.
Superdry delivered plenty of negative numbers with its half-year results on Thursday but they'd largely been expected as the company is deep in a reset strategy and it said this is showing early signs of working.