Southeast Asian e-commerce giant Lazada has appointed James Dong as its new group CEO, effective immediately. Dong replaces Chun Li, who has helmed the company since July 2020.
Gap announced on Monday that it is expanding its presence in the metaverse via two new non-fungible token (NFT) initiatives with Demit Omphroy and Dogami.
Kohl's Corp has entered exclusive negotiations with retail store operator Franchise Group Inc over a potential sale of the department store chain, valuing it at nearly $8 billion, the companies said late on Monday.
Sneaker marketplace StockX has denied allegations from Nike that it is selling counterfeit shoes.
The 30-year-old Colombian ready-to-wear brand showed its Resort 2023 collection and revealed plans to expand in the U.S. market.
On a day when there was plenty of top UK executive news, a report on Monday said that former ASOS CEO Nick Beighton is joining Secret Sales as chairman.
How is Superdry’s goal to become the most sustainable listed global fashion brand on the planet coming along? Making “huge progress”, according to the UK-based retailer, and based on its latest eco campaign.
UK eco underwear start-up Bedstraw + Madder has formed an alliance with environmental company Raddis Cotton to “create transparent, chemical-free clothing that restores our ecosystems, biodiversity and climate".
Beware: a major rise in corporate distress and bankruptcies, especially in retail, is looming, experts say. Rising costs, supply chain problems and the end of government support could trigger failures this autumn.
Backed by its owner, Swiss investment fund Capvis, the swimming specialist is deploying a strategy designed to take it towards new horizons, as deputy CEO Giuseppe Musciacchio told FashionNetwork.com.
Fashion retailer New Look said on Monday that CEO Nigel Oddy has stepped down and is leaving the firm. It also said that the search for his successor is “well-advanced” but it gave no hint of who might take up the post.
Footfall was strong in the seven days to 5 June as many Britons celebrated the Queen's Platinum Jubilee and the country hosted a large number of visitors from abroad for the first time since before the pandemic.
ASOS is reportedly close to naming its new CEO after a long search saw its front-runner turning the post down. The company is possibly opting for an internal candidate, a newspaper claims.
Fast Retailing’s Uniqlo has delivered a second successive dose of good news as far as sales in its domestic Japanese market are concerned.
ASOS on Monday unveiled its second circular design collection as well as launching a trial partnership with resale service Thrift+. This will “allow customers to sell pre-loved clothes to earn credit”.
