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Business

The Hut Group to boost acquisitions budget as beauty opportunities abound

The Hut Group to boost acquisitions budget as beauty opportunities abound

​The Hut Group plans to spend even more on making acquisitions in the future having set a new target of around £250 million a year for buying businesses, it said this week.
Fashion
Business
American Eagle forecasts sales above estimates on full-price selling

American Eagle forecasts sales above estimates on full-price selling

American Eagle Outfitters Inc on Wednesday forecast first-quarter revenue of more than $1 billion as strong demand helped the apparel retailer sell more products of its eponymous and Aerie labels at full price.
Fashion
Business

How the pandemic helped Walmart battle Amazon Marketplace for sellers

Walmart Marketplace grew to an estimated 70,000 sellers in 2020, fueled by a surge in online shopping due to Covid-19 and a series of investments in technology and vendor relationships reported here for the first time.
Fashion
Business

LVMH sees sparkling prospects for Tiffany

During its annual general meeting, the French luxury giant highlighted its "remarkable resilience" during the pandemic and claimed to be well-positioned for strong growth in 2021, thanks particularly to Tiffany & Co..  
Fashion
Business

Design

Michele fetes Gucci’s century with fetish cosmography collection and Balenciaga linkup

Michele fetes Gucci’s century with fetish cosmography collection and Balenciaga linkup

Gucci celebrates its 100th anniversary this year; and designer Alessandro Michele has observed the birthday by creating his best ever collection for the house, and a link up with Balenciaga.
Luxury
Design
Adidas introduces eco-friendly Stan Smith shoe

Adidas introduces eco-friendly Stan Smith shoe

Adidas revealed on Thursday a new eco-friendly Stan Smith shoe made from mushroom-based material innovation that looks and feels like leather.
Fashion
Design

Amiri: Fall/Winter 2021 on LA’s most loved bridge

One designer gathering momentum in spite of the pandemic is Mike Amiri, who on Wednesday unveiled his latest collection, shot on one of the most cinematic bridges on the planet.
Luxury
Catwalks

BFC announces Changemakers Prize in link with Swarovski

​The BFC has launched a new prize that aims to “discover and celebrate the unsung stars who go above and beyond, making outstanding contributions and striving for positive change”.
Fashion
Design

Appointments

Coach makes Todd Kahn permanent CEO

Coach makes Todd Kahn permanent CEO

Having served as interim CEO and brand president of the New York-based designer accessories brand since July 2020, Kahn has now had his position at the head of the label made permanent.
Luxury
Appointments
Glossier appoints former L’Oréal executive Kleo Mack as brand vice president

Glossier appoints former L’Oréal executive Kleo Mack as brand vice president

US beauty brand Glossier, launched as an online business in 2014, has recently appointed former L’Oréal executive Kleo Mack to the newly created post of vice president of brand.
Beauty
Appointments

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
Appointments

Estée Lauder Companies EVP global communications retires

The Estée Lauder Companies has announced the retirement of Alexandra Trower, executive vice president, global communications.
Beauty
Appointments

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