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Business

Tough times for Boohoo as macroeconomic backdrop dents sales and profits

Tough times for Boohoo as macroeconomic backdrop dents sales and profits

​Boohoo’s much anticipated interim results Wednesday showed the company is continuing to sell huge amounts of product and make profits, but it’s not the fast-fashion star it used to be and it issued a profit warning.
Fashion
Business
Burberry creative chief Tisci to exit, Daniel Lee takes the design reins

Burberry creative chief Tisci to exit, Daniel Lee takes the design reins

Burberry has delivered what would have been a bombshell announcement had it not been rumoured for some time — Riccardo Tisci will be stepping down as Chief Creative Officer. And his replacement? Step forward Daniel Lee.
Luxury
Business

Matalan sales strong in H1 but earnings suffer on costs

When Nigel Oddy joins up-for-sale Matalan on 3 October, the interim CEO will be expected to oversee an in-place growth strategy that’s already delivering results, with record revenues for fiscal 2023’s first half.
Fashion
Business

River Island is back in profit as it grows at home and in N. America

​British fashion retailer River Island had good news this week with the company seeing turnover up 23.2% last year at £740 million. 
Fashion
Business

Design

Puma launches We Are Legends platform

Puma launches We Are Legends platform

Puma wants to honour the Black community and its designers with a new platform incorporating storytelling and product development initiatives, driven by a black designer collective.
Fashion
Design
Kate Spade teams up with Harlem's Fashion Row

Kate Spade teams up with Harlem's Fashion Row

As part of the partnership, a new program starting Tuesday offers students at Bowie State University unique access to engage with Kate Spade’s team of executive leaders and designers. 
Luxury
Design

Milan Fashion Week Sunday: Giorgio Armani, Benetton and Moncler

A final 24 hours of contrasts in the Milan runway season, starring Italy’s single most famous designer and its most mass market brand, Benetton, with the debut of Andrea Incontri; followed by a mass march at Moncler. 
Fashion
Catwalks

Elsewhere in Milan: Max & Co., Weekend Max Mara, Fabiana Filippi, Gianvito Rossi, Alberto Biani, Sergio Rossi, Loro Piana and Giuseppe Zanotti

Milan has more busy showroom presentations that most cities have good restaurants. From capsule collections, to fully fledged marques, to hot shoe labels, there are a score most days. 
Fashion
Catwalks

Appointments

Primark France adds to management team

Primark France adds to management team

The Irish fashion retailer's French subsidiary has announced the appointment of Ayoub Rabia as regional manager for the Rhône-Alpes, Grand Est area, and of Alexandra Wagner as communications director.
Fashion
Appointments
Eddie Bauer names new CEO

Eddie Bauer names new CEO

Outdoor apparel and lifestyle brand Eddie Bauer has named outdoor veteran executive Tim Bantle as chief executive officer.  
Fashion
Appointments

Lululemon appoints Clark new senior VP for Europe

Lululemon has a new Senior Vice President to lead the sportwear retailer’s EMEA region. Sarah Clark joins this week as the retailer “continues to grow and deliver on its next chapter of international expansion”.
Fashion
Appointments

ASOS's Mat Dunn to join Gymshark

​Mat Dunn — the ASOS exec who took over as interim CEO after the departure of Nick Beighton — has found a new role and is the latest senior signing at Gymshark.
Fashion
Appointments

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