Boohoo Group has announced a new CEO from rival Primark with current co-CEO Carol Kane set to stand down as part of a board re-alignment. But Kane will remain heavily involved with company and will take on a new role.
H&M has consistently disappointed in recent periods. But the retail giant seems to have turned its fortunes around in Q3 saying it saw higher local-currency sales growth than anyone had expected for the summer quarter.
French fashion house Chanel said Friday it had moved staff from New York to its global hub in London, a welcome change for the British capital which has been under threat of companies pulling out because of Brexit.
Patanjali, a fast moving consumer goods (FMCG) company that previously eschewed discounting and enjoyed rapid growth, has now allowed some retailers such as Big Bazaar and Reliance Fresh to discount its products.
The VF-owned youth brand announced on Wednesday that it plans to reach $5 billion in revenue by fiscal 2023, a $2 billion increase that Vans is hoping to drive with strong growth in its direct-to-consumer business.
On the eve of its semi-annual results, the company celebrated the reopening of its Milanese flagship. FashionNetwork.com analyses the event that reveals the intricacies within the omnichannel retail giant.
The accessory brand Da Milano is currently exploring a number of international markets including Nepal and the UK for possible expansion and its transit retail segment now accounts for 30 percent of overall revenue.