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Pandemic sends retailer PAS Group into voluntary administration
Australian clothing retailer PAS Group said on Friday it has entered voluntary administration to review its operations, citing tough financial market conditions.
Fashion
Business
Capco in talks to buy stake in rival landlord Shaftesbury
Covent Garden landlord Capital & Counties (Capco) has confirmed it is negotiating a deal to buy a 26.3% interest in Shaftesbury, which owns a large property portfolio in London’s West End.
Others
Business
Matalan seeks £50m funding injection from lenders
The funding consists of a £25m revolving credit facility from the government’s Coronavirus Large Business Interruption Loan Scheme and £25m of new notes that will be purchased by a group of current bondholders.
Fashion
Business
Zalando move makes eco and ethical commitment mandatory for partner brands
European e-tailer Zalando has taken a major step forward in driving a more sustainability-focused retail sector post-pandemic, making sustainability assessment mandatory for its private labels and partner brands.
Fashion
Industry
Design
A Common Thread names Bode, Rodarte, Brother Vellies and Rachel Comey among first round of grant recipients
The CFDA and Vogue's Covid-19 relief fund announced that $2.13 million will be distributed to 44 businesses in the fund's first round.
Luxury
Design
Tomorrow and Alessandro Dell’Acqua’s N21 form strategic partnership
London-based consultancy Tomorrow has announced a “360-degree” partnership with Italian RTW brand N21. The strategic partnership will span distribution, events, strategy and a mentorship programme for emerging talent.
Luxury
Industry
Dolce & Gabbana on DGfattoincasa; handling the lockdown; and their next runway steps
Few fashion designers have had as much impact in the past three decades as Domenico Dolce and Stefano Gabbana. With FashionNetwork.com the duo discuss DGfattoincasa; handling the lockdown and their next runway steps
Fashion
Design
Carlo Capasa: Camera della Moda still planning on four Milan Fashion Weeks per year; does not plan to change dates
Designers are clamoring for a radical change in the fashion system; for less seasons and shows and later fashion week dates. But Carlo Capasa, president of the Camera, still expects to have four Fashion Weeks per year.
Fashion
Industry
Appointments
Coty appoints Gordon von Bretten as chief transformation officer
Coty announced on Thursday the appointment of KKR executive Gordon von Bretten as chief transformation officer.
Beauty
Appointments
Star make-up artist Isamaya Ffrench joins Burberry Beauty
After a stint at Louboutin, make-up artist and social media star Isamaya Ffrench has joined the British luxury label, in the role of global beauty director of Burberry Beauty.
Beauty
Appointments
Salvatore Ferragamo rehires former CEO Michele Norsa
As the Ferragamo family steps down from its executive roles, the Florentine label has appointed Michele Norsa, who led the company from 2006 to 2016, as executive deputy chairman, alongside CEO Micaela le Divelec Lemmi.
Luxury
Appointments
Hammerson CEO to step down next year at the latest
Hammerson Chief Executive Officer David Atkins will step down, the shopping mall owner and operator said on Wednesday, as it faces a crisis spurred by coronavirus-induced shop closures and a collapse in rent.
Fashion
Appointments
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