Fashion
PVH Corp reports better-than-expected fourth quarter results
The US-based group has reported a fourth quarter revenue growth of 2% in 2022, year-over-year, driven by the performances of its Tommy Hilfiger and Calvin Klein brands
Inditex signs deal to support the expansion of regenerative agricultural systems
The Spanish-based fashion group has signed a 15 million euros agreement with Conservation International to support the expansion of its Regenerative Fund for Nature, launched jointly with Kering in 2021
Capri Holdings appoints Mahesh Madhavan to the Board of Directors
The owner of Versace, Michael Kors and Jimmy Choo has appointed the Chief Executive Officer (CEO) of Bacardi to its Board of Directors, effective from the past 30th of March
H&M reports a sales increase
The Sweden-based group reported a net sales growth of 12% in the three months to the 28th of February, as compared to the same period of last year, but March sales were below expectations
Next buys Cath Kidston
The UK-based retailer has acquired the fashion brand Cath Kidston from the administration for 8.5 million British pounds. The deal includes the brand's name and intellectual property, but not its four shops
Bluestar Alliance rescues Scotch & Soda
The US-based brand management company has announced the acquisition of the Amsterdam-based brand, just days after Scotch & Soda declared bankruptcy for its Dutch operations due to “severe cash flow problems”
Inditex posts strong yearly performance
The Spanish-based fashion group, owner of Zara and Stradivarius, among others, reported a sales growth of 17.5% in 2022, as compared to the prior year, reaching 32.6 billion euros
Farfetch's CFO to step down by the end of 2023
The luxury e-tailer has announced that Elliot Jordan will step down from his role as Chief Financial Officer by the end of 2023. Meanwhile, Farfetch will initiate the search for a successor
Pharrell Williams is Louis Vuitton's new Men's Creative Director
The luxury Maison has announced the appointment of the musician and entrepreneur Pharrell Williams as its new Men's Creative Director, effective immediately
Inditex to double the number of disabled employees
The Spanish-based fashion group intends to "significantly" increase the number of employees with disabilities across its stores, logistics platforms, warehouses and offices worldwide within two years
Neonyt and FASHN ROOMS join forces in Düsseldorf
The two independent trade shows, which took place from the 28th to the 30th of January in Düsseldorf, launched the first-ever joint conference format on fashion and sustainability
H&M confirms full year sales increase
Despite a "turbulent year characterized" by "geopolitical challenges and substantial cost inflation", the Sweden-based fashion group posted a full year 2022 sales increase of 12% over fiscal 2021
LVMH posts record annual sales
The French-based luxury group reported to have reached a revenue of 79.2 billion euros in 2022, with profit from recurring operations totalling 21.1 billion euros, both up by 23% over 2021
Primark reports very strong Christmas period
The retailer posted a sales increase of 15% in the 16 weeks to the 7th of January 2023, driven by strong footfall after the easing of COVID-19 restrictions, which impacted last year's results-
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