Dick’s Sporting Goods lays off 250 corporate employees
Dick’s Sporting Goods Inc. laid off about 250 employees from its corporate workforce, a person familiar with the matter said. |
|
American Exchange acquires HatchCollective
American Exchange Group announced it has acquired beauty and personal care company, HatchCollective, the owner of NatureWell, Found Active, Orlando Pita Play, Txtr and Paint & Petals. |
|
Zalando faces a second-quarter slump
After an upbeat first quarter, the April-June period saw a 1.8% decline in sales volume and a 2.5% fall in sales, against a backdrop of rising operating income. |
|
Swedish firm Bjorn Borg’s net sales climb 6% in H1 FY23
Swedish sports brand Bjorn Borg has reported net sales of 412.5 million Swedish krona (approximately $37.79 million) in the first half of fiscal 2023, marking a 6% increase from SEK 388.2 million in the previous year. |
Supreme opens first store in Seoul
New York-based streetwear label Supreme opened on Saturday its first store in Seoul. |
|
Inside new Hermès store at Westfield Topanga, California
In the heart of the San Fernando Valley, the French luxury house has chosen to open its sixth store in California, its 35th in the United States. |
|
Banana Republic opens two stores in Los Angeles, including its first dedicated to homeware
Gap-owned-fashion brand Banana Republic opened a brand-new store on Melrose Avenue in early August, mixing home interior and fashion. Another store dedicated to furniture and a home collection will open in September. |
Luxury watches worth £1 billion reported missing in theft surge
Luxury watches worth more than £1 billion ($1.3 billion) have been reported as stolen or missing, with a surge in thefts last year. |
|
Canada's corporate watchdog probes Ralph Lauren on alleged use of forced labor in China
Ralph Lauren's Canada is being investigated over allegations the apparel retailer's supply chain and operations in China used or benefited from the use of Uyghur forced labor. |
|
BFC links with key groups for diversity census
The British Fashion Council has linked with The Outsiders Perspective and the (Fashion) Minority Report to launch what they say is “a comprehensive review of diversity, equity and inclusion in the UK fashion industry”. |
|
Chinese textile and apparel exports plummet by 8.35%
The textile sector has not escaped the contraction affecting Chinese exports in the first half of the year, with textile and apparel exports amounting to some 130.8 billion euros, experiencing an 8.35% decline. |
|
Japanese turn to wearable tech to beat the heat
Selling jackets with built-in fans, neck coolers and T-shirts that feel cold, Japanese firms are tapping into a growing market for products to help people handle the summer heat. |
Cindy Crawford stars in new MCM heritage campaign as it continues revamp
Nineties supermodels are riding high at present with the new British Vogue cover underling that fact. And they’re scoring plenty of major ad campaigns. The latest is Cindy Crawford fronting MCM’s AW23 heritage campaign. |
Princess Diana's 'black sheep' jumper to be auctioned
A jumper worn by Britain’s late Princess Diana and depicting a black sheep is headed for auction later this summer with a price estimate of up to $80,000. |
Kontoor Brands names new CFO
Kontoor Brands announced on Monday the retirement of Rustin Welton from the role of executive vice president and chief financial officer, after four years of service in the U.S. denim company. |
|
Happy Socks names Alexander Meyer as CEO
Swedish sock brand Happy Socks announced on Monday the appointment of Alexander Meyer as its new chief executive officer. |