Following the French competition authority's approval of the group's acquisition of The Kooples, Thierry Guibert of Maus Frères, owner of Lacoste, Gant and Aigle, has confided the brand to Aigle's CEO.
The Canton, Massachusetts-based specialty big and tall menswear retailer announced a 0.3% decline in first-quarter sales on Friday, as moderate progress in wholesale was offset by store closures and slipping comps.
Delivery options for goods ordered online are increasingly bringing physical shops into the equation with click & collect options hugely popular for consumers and John Lewis is aiming to drive this further.
Massmart has appointed Walmart Japan former interim president and chief executive officer Mitchell Slape as its new CEO, succeeding Guy Hayward who resigned in May, the South African retailer said on Thursday.
Steinhoff will face a class action before a German regional court, dragging shares in the South African furniture retailer down by as much as 10 percent on Thursday, as the fallout from its accounting scandal continues.
Fashion retailers are doing more to respond customer queries via Twitter and Facebook than companies in other sectors, but they are still failing to acknowledge the link between social media responsiveness and trust.
South African retailer Steinhoff International Holdings N.V. said on Wednesday it had postponed a hearing with shareholders who are petitioning looking for an inquiry into the company before a Dutch court.
The Seattle-based e-commerce giant has announced the launch of a new fashion drop venture. Dubbed “The Drop”, the program will see super limited-edition collections designed by global influencers go live for 30 hours.
The men’s division of the French governing body for fashion, the Chambre Syndicale de la Mode Masculine, has named the CEO of Celine, Séverine Merle, to the head of its board, succeeding Sidney Toledano.