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After fundraising, Ted Baker founder is no longer biggest shareholder
Ray Kelvin has seen his stake slashed by 55% to just 15.8% following a £105 million fundraising to support the brand through the coronavirus pandemic.
Fashion
Business
Uniqlo Japan sales plunge again, but most stores are now open
Once again in May, Uniqlo’s sales were affected less by the weather as is usually the case, and more by the ongoing impact of the coronavirus pandemic.
Fashion
Business
Hunter secures rescue deal as existing backer increases stake
Celebrity favourite Hunter Boots has clinched a rescue following a sales plunge due to the coronavirus crisis. A further £16.5m is being pumped into the firm to keep it going and growing through the crisis and beyond.
Fashion
Business
Safilo completes acquisition of Blenders Eyewear
Safilo has announced the completion of its acquisition of digitally-native Californian brand Blenders Eyewear, the next step forward in the Italian company’s digital transformation strategy.
Fashion
Business
Design
Hyères Fashion Festival to be held on October 15-19
The event, previously postponed due to the Covid-19 crisis, will be held on October 15-19 under the aegis of jury presidents Jonathan Anderson, Paolo Roversi and Hubert Barrère, featuring a new prize sponsored by Hermès.
Fashion
Design
A Common Thread names Bode, Rodarte, Brother Vellies and Rachel Comey among first round of grant recipients
The CFDA and Vogue's Covid-19 relief fund announced that $2.13 million will be distributed to 44 businesses in the fund's first round.
Luxury
Design
Tomorrow and Alessandro Dell’Acqua’s N21 form strategic partnership
London-based consultancy Tomorrow has announced a “360-degree” partnership with Italian RTW brand N21. The strategic partnership will span distribution, events, strategy and a mentorship programme for emerging talent.
Luxury
Industry
Dolce & Gabbana on DGfattoincasa; handling the lockdown; and their next runway steps
Few fashion designers have had as much impact in the past three decades as Domenico Dolce and Stefano Gabbana. With FashionNetwork.com the duo discuss DGfattoincasa; handling the lockdown and their next runway steps
Fashion
Design
Appointments
Rebekka Bay becomes Marimekko creative director
Marimekko has named former Gap creative chief Rebekka Bay as its new Creative Director, starting in September.
Fashion
Appointments
Coty appoints Chairman Peter Harf as CEO
Cosmetics maker Coty Inc said on Monday it has appointed Chairman Peter Harf as the chief executive officer of the company, its fourth in as many years, as it tries to turn around its business.
Beauty
Appointments
Coty appoints Gordon von Bretten as chief transformation officer
Coty announced on Thursday the appointment of KKR executive Gordon von Bretten as chief transformation officer.
Beauty
Appointments
Star make-up artist Isamaya Ffrench joins Burberry Beauty
After a stint at Louboutin, make-up artist and social media star Isamaya Ffrench has joined the British luxury label, in the role of global beauty director of Burberry Beauty.
Beauty
Appointments
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