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Business

VF Corp unveils five-year growth strategy, cuts FY23 guidance on weak Q2 performance

VF Corp unveils five-year growth strategy, cuts FY23 guidance on weak Q2 performance

VF Corp. announced on Wednesday a new strategy to accelerate revenue growth by a compound annual growth rate of mid- to high-single digits by 2027, as looks to expand into new categories and markets. 
Fashion
Business
Shiseido to acquire Gallinée, the microbiome skincare brand

Shiseido to acquire Gallinée, the microbiome skincare brand

Shiseido Europe is set to acquire Gallinée, a brand founded in 2016 by France’s Marie Drago. The brand harnesses active probiotics to soothe, balance and strengthen skin.
Beauty
Business

Labour pledge to abolish business rates questioned by property specialist

As Labour surges in the UK polls, it’s clearly scenting opportunity in areas the Conservatives haven’t fully addresses and has pledged to abolish business rates and introduce initiatives to ‘save the high street’.
Fashion
Business

Tough times for Boohoo as macroeconomic backdrop dents sales and profits

​Boohoo’s much anticipated interim results Wednesday showed the company is continuing to sell huge amounts of product and make profits, but it’s not the fast-fashion star it used to be and it issued a profit warning.
Fashion
Business

Design

Paris Fashion Week: Courrèges, 3.Paradis, Koché and Undercover

Paris Fashion Week: Courrèges, 3.Paradis, Koché and Undercover

Paris Fashion Week is all about seeing independent designers, like Christelle Kocher at Koché, Emeric Tchatchoua at 3.Paradis and Jun Takahashi at Undercover. Even if the best show was Nicolas Di Felice for Courrèges.
Fashion
Catwalks
Puma launches We Are Legends platform

Puma launches We Are Legends platform

Puma wants to honour the Black community and its designers with a new platform incorporating storytelling and product development initiatives, driven by a black designer collective.
Fashion
Design

Kate Spade teams up with Harlem's Fashion Row

As part of the partnership, a new program starting Tuesday offers students at Bowie State University unique access to engage with Kate Spade’s team of executive leaders and designers. 
Luxury
Design

Milan Fashion Week Sunday: Giorgio Armani, Benetton and Moncler

A final 24 hours of contrasts in the Milan runway season, starring Italy’s single most famous designer and its most mass market brand, Benetton, with the debut of Andrea Incontri; followed by a mass march at Moncler. 
Fashion
Catwalks

Appointments

Pierre Fabre appoints new managing director of its dermocosmetics and personal care division

Pierre Fabre appoints new managing director of its dermocosmetics and personal care division

The Pierre Fabre group has just appointed Frédéric Ennabli as managing director of its dermocosmetics and personal care division, which includes brands such as Klorane, Avène and Ducray.
Beauty
Appointments
Primark France adds to management team

Primark France adds to management team

The Irish fashion retailer's French subsidiary has announced the appointment of Ayoub Rabia as regional manager for the Rhône-Alpes, Grand Est area, and of Alexandra Wagner as communications director.
Fashion
Appointments

Eddie Bauer names new CEO

Outdoor apparel and lifestyle brand Eddie Bauer has named outdoor veteran executive Tim Bantle as chief executive officer.  
Fashion
Appointments

Lululemon appoints Clark new senior VP for Europe

Lululemon has a new Senior Vice President to lead the sportwear retailer’s EMEA region. Sarah Clark joins this week as the retailer “continues to grow and deliver on its next chapter of international expansion”.
Fashion
Appointments

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