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Business

Abercrombie quarterly results beat Wall Street estimates on online strength

Abercrombie quarterly results beat Wall Street estimates on online strength

Abercrombie & Fitch Co surged past Wall Street expectations for quarterly profit and sales on Tuesday, as the apparel retailer reined in costs and benefited from growing online demand.
Fashion
Business
Tiffany posts smaller-than-expected quarterly revenue decline

Tiffany posts smaller-than-expected quarterly revenue decline

Tiffany & Co, which is being bought by LVMH, reported a smaller-than-expected decline in quarterly revenue on Tuesday as the U.S. jeweler benefited from strong sales in China and a recovery in demand at home.
Luxury
Business

German online retailer Mytheresa confidentially files for U.S. IPO

German online luxury retailer Mytheresa Group GmbH’s parent company said on Monday it had confidentially filed for an initial public offering in the United States.
Luxury
Business

MeUndies secures $40 million investment

MeUndies will use the funds to expand its capabilities in product design, production and distribution, build its e-customer community, and expand omnichannel operations to new international markets and store locations. 
Fashion
Business

Design

GucciFest 2020: Winners and losers

GucciFest 2020: Winners and losers

Where were Ben Hecht or Federico Fellini just when you needed them? Gucci’s online TV series whose finale episode premiered on Sunday night didn't set the cinematic world on fire, but its GucciFest sure impressed.
Luxury
Catwalks
Tom Ford launches watch made from 100% ocean plastic, partners with 52HZ for The Tom Ford Plastic Innovation Prize

Tom Ford launches watch made from 100% ocean plastic, partners with 52HZ for The Tom Ford Plastic Innovation Prize

The timepiece, made from 100% ocean plastic, launches alongside The Tom Ford Plastic Innovation Prize, a prize that aims to fight against ocean plastic pollution, offering an award total of $1 million.
Luxury
Design

Balenciaga debuts new Objects line

Balenciaga has taken the concept of fashion accessories to a completely new level. The house has developed and debuted a new unwearable Objects line, to be introduced individually throughout the year. 
Luxury
Design

Philip Treacy brings glamour to Russia despite pandemic

Designer Philip Treacy, a haute couture hatmaker to the British royals and American stars, presented his collection in Saint Petersburg on Wednesday saying "we all need entertainment" during a pandemic.
Luxury
Design

Appointments

​Coats Group lines up Gosnell as new chairman, Clasper steps down next May

​Coats Group lines up Gosnell as new chairman, Clasper steps down next May

Global industrial threads manufacturer Coats Group has appointed David Gosnell chairman-elect. He's currently an independent non-executive director of Coats and replaces Mike Clasper who is retiring.
Fashion
Appointments
Richard Collier becomes new CEO of Jack Wolfskin

Richard Collier becomes new CEO of Jack Wolfskin

​Briton Richard Collier is the new CEO of Jack Wolfskin, starting next week. He’ll be responsible “for the further development of the strategic brand positioning, and the continued internationalisation” of the label.
Fashion
Appointments

PVH Corp. appoints Best Buy, CBS executives to board of directors

Global apparel company PVH Corp. announced on Monday two new appointments to its board of directors. 
Fashion
Appointments

Macy's names Bobby Amirshahi as new head of corporate communications

Amirshahi will lead internal and external communications across the enterprise, as well as Macy’s cause work, and will help drive alignment across business strategy, transformation, colleague and culture initiatives. 
Fashion
Appointments

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