Guess Inc shares fell more than 14 percent on Thursday following a tweet by model and actress Kate Upton about the company’s co-founder using the #MeToo hashtag designed to highlight sexual harassment.
Q4 was a challenging time for H&M as its core chain resorted to major markdowns. But the firm is upbeat, seeing plenty of growth potential through new brands, new markets and both the store and digital channels.
From January 30 through February 2, the Danish capital's Fashion Week will host its two trade shows CIFF and Revolver, along with some thirty runway presentations featuring a number of international brands.
Asos is firing on all cylinders, beating off the weak market in early autumn and December as both its international and domestic businesses saw surging sales, while Try Before You Buy and same-day delivery were popular.