A letter organized by the AAFA, CFDA and the Accessories Council and co-authored by nearly 200 representatives from the fashion industry has been sent to President Trump, detailing opposition to the tariffs on China.
IC Group’s Tiger of Sweden and By Malene Birger continue to struggle and Tiger has now announced cost-cutting measures, while IC's chairman is stepping down as part of the group's privatisation strategy.
Frederick Lukoff, the long-time president of Stella McCartney, quits to become CEO of Dutch brand Scotch & Soda. A surprise move, barely one year after overseeing McCartney's buyback of 50% of her company from Kering.
Look Holdings will fully acquire Bisonte Italia Holdings which runs the leather goods brand Il Bisonte, the business announced on June 12. Look Holdings will make Il Bisonte its subsidiary following the deal.
Inditex is another of the big winners in global fashion retail and while its sales and profits increases may not always match analysts’ lofty expectations, it's a consistent performer as it continues to expand globally.
John Lewis Partnership sales dipped ever so slightly in the seven days up to June 8, with a 0.5% fall to £214.72 million. But the biggest drain on the performance was the Waitrose supermarkets, where sales fell 3%.
The Fort Wayne, Indiana-based accessories company announced a mixed bag of financial results for the first quarter ended May 4th, 2019, as net sales came in above analysts’ expectations but net losses continued to widen.
Monsoon Accessorize has delayed its company voluntary arrangement plan in the wake of the delay to Arcadia’s CVA. Reports suggested Monsoon boss Peter Simon had been planning to launch a CVA as early as last Friday.
Pure London’s upcoming show in July will showcase over 700 brands, including sustainable labels and premium names, as well as present the opportunity to discuss the industry’s latest developments in a series of talks.