Desigual CEO Thomas Meyer has acquired a 10% stake in the Spanish fashion brand, which was purchased by the Eurazeo investment firm in 2014. Meyer now becomes the sole shareholder of the Barcelona-based label.
In Benetton's autumn 2018 campaign, the models are entirely naked -- a return to the daring messages that characterized the brand's advertising in the 1980s and 1990s, now that Oliviero Toscani is back at the helm.
Safilo said on Thursday it expected a 3 percent decline in full-year 2018 sales at constant currencies after poor sales in Europe and ongoing weakness in North American department stores hit its second-quarter.
Harper's Bazaar has unveiled its September "Icons" issue, fronted by a string of celebrities-- including Kanye West, Bruce Springsteen, Christina Aguilera, Erykah Badu and more -- posing with their families.
Giorgio Armani, which posted falling sales and profits last year, warned on Thursday that revenues and margins will continue to slide for the next two years before the company returns to growth in 2020.
Baidu beat expectations for quarterly profit and revenue on the back of strong growth in its core online advertisement business, easing the pressure of funding a major expansion into new technology areas.
Fitbit Inc on Wednesday outpaced Wall Street estimates for quarterly results as its strategy of adding smartwatches to its product line got a boost in the second quarter with higher sales for ‘mass-appeal’ Versa.
The Chilean retailer said on Wednesday it had purchased Latin American e-commerce company Linio for $138 million, adding it was seeking $800 million in financing to put towards the acquisition and other investments.
First Heritage Brands, the owner of Sonia Rykiel, has entrusted the position of managing director to Perry Oosting, replacing Eric Langon who has been in the role since 2012, FashionNetwork.com has learned.