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Shopify results miss estimates as pandemic boom ebbs
Canadian e-commerce giant Shopify reported third-quarter results that fell short of analyst expectations, as a pandemic-fueled boom in online shopping shows signs of cooling ahead of the holiday shopping season.
Luxury
Business
Mailbox posts strong rental collections, turning ‘excess’ retail units into offices
Regional commercial property company Mailbox REIT said Thursday that it’s enjoying strong rent collection rates from its roster of “low-risk” tenants at its 690,000 sq ft mixed-use Birmingham property.
Fashion
Industry
URW sees improving malls trend, fashion recovery continues
Shopping malls giant Unibail-Rodamco-Westfield released its Q3 figures on Thursday and said the reopening in mainland Europe has driven an ongoing recovery with tenant sales at continuing European centres up 6%.
Fashion
Business
Rent the Runway makes Nasdaq debut, share price dips
Designer clothing rental service Rent the Runway made its initial public offering debut on Wednesday, opening nearly 10 percent above the initial public offering price, before falling.
Fashion
Business
Design
BFC names TikTok as transformed Fashion Awards 'Principal Partner'
The British Fashion Council has unveiled short-form mobile video social media platform TikTok as its Principal Partner for The Fashion Awards 2021 on November 29.
Fashion
Design
Tory Burch and Parsons partner on new scholarship fund
Tory Burch and the School of Fashion at Parsons School of Design announced a new five-year multi-disciplinary partnership to promote and celebrate creativity, innovation, and entrepreneurship.
Luxury
Design
Tommy x Timberland: Hilfiger’s latest collab debuts on Tuesday, Oct. 26
For those brought up in Britain, 'TT' stands for Tourist Trophy, the toughest motorbike race in the world. In fashion it stands for 'Tommy x Timberland', the latest collab from the designer which debuts on October 26.
Fashion
Design
Stella McCartney creates first vegan football boot with Adidas and Paul Pogba
Stella McCartney and Adidas have worked together to produce the sports giant’s first 100% vegan football boot. The Paul Pogba x Adidas by Stella McCartney Predator Freak is a limited-edition, gender-neutral shoe.
Fashion
Design
Appointments
Esprit CEO Mark Daley steps down after less than a year
Esprit announced on Wednesday that its CEO Mark Daley has resigned from the firm as of this week "due to his personal family matters".
Fashion
Appointments
Estée Lauder group president Cedric Prouvé to retire
The Estée Lauder Companies announced on Tuesday that group president, international, Cedric Prouvé will retire next summer, effective June 30, 2022.
Beauty
Appointments
LuisaViaRoma names Alessandra Rossi as new CEO
The famous Florentine luxury retailer has finalized the sale of a 40% stake to Italian investment fund Style Capital. Founder Andrea Panconesi, has retained his role as president, while Alessandra Rossi has become CEO.
Fashion
Appointments
Levi’s elevates Sanjeev Mohanty to head U.S., Canada operations
Levi Strauss & Co has elevated Sanjeev Mohanty, the current senior vice president and managing director of South Asia-Middle East and Africa to head the company’s operations in the U.S. and Canada.
Fashion
Appointments
Trends
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