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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 it 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

Camaïeu liquidated, 2,600 jobs cut

On September 28, the commercial court of Lille decided to place the women's fashion chain in judicial liquidation, announced the CFDT. The shareholder HPB’s continuity plan did not convince.
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

Trade shows

Première Classe: Four days dedicated to fashion and accessories

Première Classe: Four days dedicated to fashion and accessories

From September 30 to October 3, coinciding with Paris Fashion Week, the Première Classe fashion accessory show will take place in the Tuileries Gardens in Paris along with 350 brands. 
Fashion
Trade shows
Paris Fashion Week: International showrooms to show SS23

Paris Fashion Week: International showrooms to show SS23

With Paris Fashion Week come many showrooms of foreign delegations. Showrooms from Italy, Germany, Sweden, Korea, Japan and Hong Kong come to present local creations for spring-summer 2023.
Fashion
Trade shows

Momad concludes its latest edition exceeding expectations

The fashion, footwear and accessories fair, held between September 16 and 18, attracted 300 brands from 18 different countries. 
Fashion
Trade shows

Coterie New York to kick off September 18

Tradeshow Coterie New York is set to take place in the Big Apple this month, with a schedule that will bring thousands of top-tier retailers and premium brands together to display upcoming collections. 
Luxury
Trade shows