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John Lewis in complete strategy rethink: digital first and new business areas
The John Lewis Partnership has said it must diversify beyond retail to survive the turmoil on the high street and plans to expand into financial services, gardening, housing and rental options.
Fashion
Retail
HanesBrands Q2 pleases, Champion and innerwear are strong
HanesBrands, a US-based global marketer of branded everyday basic apparel, reported only a 1.3% decline in its net sales to $1.73bn during Q2, and net income for the quarter rose to $161.8m from $149.5m.
Fashion
Business
Under Armour gets online boost but expects more discounts
Under Armour said Friday it expects margins to be pressured for the rest of the year on the back of increased promotions, even as online demand helped the sportswear maker post a smaller-than-expected loss.
Fashion
Business
Lord & Taylor in bankruptcy filing
Venerable US retailer Lord & Taylor filed for Chapter 11 bankruptcy on Sunday, becoming the latest in a growing list of storied names to do so amid the ongoing coronavirus outbreak that has crippled the retail sector.
Fashion
Retail
Design
Virgil Abloh celebrates Mercedes-Benz G-Class anniversary with unique truck artwork
Virgil Abloh has a new collab, with an automobile, not a runway. The American designer is linking up with Mercedes-Benz with an unique artwork – to be auctioned for charity.
Luxury
Design
Supima planning digital version of its Design Competition in 2020
Supima, the cashmere of cotton, is taking its next design competition for emerging talent online, in honest recognition of the difficulty of social distancing in fashion today.
Lifestyle
Design
Christian Dior finds magic and roots in its cruise collection, but in Puglia not Paris
Dior unveiled a magically infused cruise collection on Wednesday night in the main square of Lecce in Puglia, the home region of the father of the house’s couturier Maria Grazia Chiuri.
Fashion
Catwalks
Face mask fashion: Cuban quinceaneras in the coronavirus era
Cuban girls are turning face masks into a fashion accessory for their quinceanera photoshoots - both out of safety concerns and to show how they came of age during the coronavirus pandemic.
Fashion
Design
Appointments
Herschel Supply names Brian White as senior VP, global sales
In the role, White will lead and augment Herschel's sales strategy across all global markets and will report to Lyndon Cormack, co-founder and managing director.
Fashion
Appointments
Foot Locker makes senior management changes on new organizational structure
Foot Locker announced on Thursday a new organizational structure, including several senior management changes, in an effort to foster greater agility and to elevate the customer experience.
Fashion
Appointments
Adidas hires new managing director for France
The German sport giant has picked an executive from outside the group to take charge of the French market, as Mathieu Sidokpohou, formerly global vice-president at Danone, replaces Guillaume de Monplanet.
Fashion
Appointments
OTB appoints Gianfranco Gianangeli as new CEO of fashion brand Maison Margiela
Italian fashion group OTB said on Thursday it had appointed Gianfranco Gianangeli as new chief executive of its Maison Margiela brand.
Luxury
Appointments
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