The Spanish apparel giant is committed to a global transformation strategy aiming for full sustainability by 2025. By 2020, all of its stores will be eco-efficient and will completely eliminate the use of plastic bags.
92 of France's 'Tati' discount stores are to close, with 49 being taken over by sister brand Gifi; another approximately 30 being reviewed for integration with another brand of the group, and 13 shuttering entirely.
Philip Green’s fashion empire Arcadia Group on Tuesday said it received applications from legal entities of U.S.-based property group Vornado challenging two of its seven planned Company Voluntary Agreements (CVAs).
Troubled womenswear giant Gerry Weber said late Monday that it has reached “a milestone for securing the company's future,” with a new deal under which it will be fully taken over and existing shareholders will exit.
Scores of off-calendar presentations and shows are now the norm, in parallel with increasingly intense fashion week schedules. FashionNetwork.com spoke with designers and buyers to understand the phenomenon.
Following news that Asos is looking to cut up to 100 jobs at its London headquarters, the online retailer could be looking at further redundancies after kickstarting a review at its customer care facility in Watford.