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Balenciaga winter 2021 pre-collection: Yearning for global travel
With European populations slowly but surely being vaccinated, designers on the Continent are suddenly expressing a new optimism. Few more so than Demna Gvasalia of Balenciaga in Balenciaga's winter 2021 pre-collection.
Fashion
Kohl's settles with activist group, adds three new directors
Department store chain Kohl’s Corp said on Wednesday it has reached a deal with a group of activist investors to avoid a proxy fight, agreeing to add two of the group’s nominees to its board as independent directors.
Fashion
Shoppers in England and Wales flock to physical stores on reopening day
They’re back! Shoppers were out in full force up and down the high streets and shopping centres of England and Wales for the grand reopening of non-essential retail on Monday (12 April).
Fashion
Kim Kardashian’s Skims valued at $1.6 billion
Kim Kardashian’s shapewear brand Skims has reached a $1.6 billion valuation after raising $154 million in its latest funding round, led by venture firm Thrive Capital.
Fashion
Game-changing new Frasers store set for for Monday debut
As shops in England return on Monday, Frasers Group will open a milestone development. It’s the first brand-new Frasers store in the UK with a debut in Wolverhampton.
Fashion
AllSaints makes Dubai Mall debut
UK fashion brand AllSaints has opened a second store in Dubai. The latest, opened this week, is an 1,800 sq ft ground floor space in the Dubai Mall, billed as the world’s biggest shopping centre.
Fashion
L Brands increases first quarter guidance again
L Brands, the parent company of Victoria’s Secret and Bath & Body Works, announced on Friday that it was increasing its first quarter earnings guidance for a second time this month, due to improved sales trends.
Fashion
Naked Brand Group pushes forward with digital transition, announces new financing and board appointment
The global intimates group provided an update on its ongoing transformation into a pure-play e-commerce platform on Monday, revealing progress on its balance sheet and announcing the appointment of a new board member.
Fashion
Bikkembergs inks deal with new underwear partner
The label managed to limit its 2020 sales shortfall to 10% and is bolstering its licensing strategy, announcing a new partnership for underwear and swimwear, two key categories, with Italian manufacturer Area B.
Fashion
Leslie Wexner to step down from L Brands board
The Columbus, Ohio-based owner of Victoria’s Secret announced on Thursday that founder, former CEO and chairman emeritus Leslie Wexner will not be standing for re-election to its board in May.
Fashion
Rihanna could be moving into haircare segment with Fenty Hair
Following the successful launches of her cosmetics brand Fenty Beauty in 2016 and her skincare label Fenty Skin in 2020, Rihanna could be looking to launch a line of haircare products, Fenty Hair.
Fashion
Ditch the joggers and make way for boho-chic this summer
Goodbye joggers, pajama pants and boyfriend jeans! Spring is coming and is bringing with it a major wardrobe overhaul.
Fashion
John Lewis to cut prices on reopening
In a tough week announcing more store closures and poor trading figures, John Lewis Partnership was at least able to deliver some positive news for consumers.
Fashion
Alexandra Golovanoff opens new pop-up
One new concept store winning plenty of attention in Paris is the latest pop-up on the Left Bank from Alexandra Golovanoff, the French designer and fashion TV host.
Fashion
Delta Galil sales drop 9% in Q4 on reduced premium and US volume
The apparel manufacturer reported net sales of $459.7 million for the fourth quarter ended December 31, 2020, on Wednesday, a year-over-year decrease of 9% that also led the company’s bottom line to slip.
Fashion
Covent Garden landlord Capco upbeat on 2021 prospects
There are 34 days (and counting) to go until non-essential retail reopens in England and optimism mounts. And London's Covent Garden surely isn't alone in its enthusiasm to return to business.
Fashion