The Austrian hosiery company has announced that its CEO Axel Dreher has resigned from his role and will leave the company on 31 October “on the most amicable terms”. Silvia Azzali has been appointed as CCO.
The new Lyst Index for Q3 shows that Daniel Lee’s appointment at Bottega Veneta was an inspired move for Kering with the label entering the hottest brands list for the first time, climbing 21 places in the ranking.
One of the biggest names in online fashion resale is linking up with one of the world’s top department stores for a year-long physical store with Vestiaire Collective to open at Selfridges, Oxford Street on October 30.
The Spanish group, which owns Cortefiel, Springfield and Women'Secret, reported a sales increase of 0.9% to €559.5 million in the first half of the year, boosted by the strong performance of its e-commerce business.
Koovs, a UK-based Indian e-tailer, is working with Future Lifestyle Fashions Limited, India’s largest retail group, to review their options and consider new fundraising routes after their deal hit the rocks last week.
A Nike factory in Misiones, Argentina, has cut hundreds of workers as its orders from the brand have stalled, amid a swirling economic crisis that has plunged the country into recession for most of the last year.