In a FashionNetwork.com exclusive, Italy's Diesel announced a new partnership with Aalto University in Finland to support new fashion talent, presenting the Diesel Award to one of the university's students on May 29.
PVH Corp. on Wednesday reported a profit decline for the first quarter 2019, as North America comparable sales fell across both its Calvin Klein and Tommy Hilfiger brands, sending its shares down 12% after hours.
The New York-based womenswear retailer reported net sales of $201.0 million for the first quarter of 2019 on Wednesday and announced the appointment of Traci Inglis as president, chief marketing and customer officer.
Abercrombie & Fitch Co missed Wall Street estimates for quarterly same-store sales due to slowing demand for its surf-themed Hollister apparel and forecast second-quarter sales below estimates on Wednesday.
The Swiss group announced on Tuesday the finalisation of its acquisition of the entirety of The Kooples Group. It has named Romain Guinier to the head of the French group, as revealed by FashionNetwork.com.
John Lewis Partnership sales fell 4.1% in the latest week with a drop to £205.68 million, and while the Waitrose supermarkets were down 3.2%, the John Lewis department stores chain suffered the most with a drop of 5.6%.
Berlin-based personalised fashion start-ups Outfittery and Modomoto are merging in an effort to accelerate growth in Europe, where they compete with online-only retailer Zalando's own bespoke clothing business.