The struggling lingerie brand is set to lose CEO Jan Singer, reported the Wall Street Journal on Wednesday, citing a person briefed in the matter who said that, after two years leading the label, Singer has resigned.
Fashion brands need to put their foot down and take action to prevent “a race to the bottom” in terms of discounts that threaten whole fashion retail eco-system, Farfetch CEO José Neves told FashionNetwork.com.
London Fashion Week Men’s has unveiled its provisional schedule for next season and the emphasis is very much on youth and gender fluidity. The three-day season lists 42 separate events, four less than in June 2018.
Higher prices, lending curbs and a move to online shopping are denting the cheer for Indian retailers at this year’s Diwali festival, with lackluster sales for high-end items ranging from iPhones to cars and even gold.
FashionNetwork.com has learnt that Victoria's Secret will open its first Parisian boutique in 2019. Joining two small travel retail locations, the store will be the American lingerie brand's first real French flagship.
German sportswear giant Puma has signed up Spain’s classiest footballer, David Silva, to be the latest star to wear its Puma One boots. Legendary for his silky first touch, Silva is a star with Manchester City.
Indian lingerie retailer Zivame has witnessed a 56 percent jump in its revenue to Rs 87 crore ($12 million) for the financial year 2017-18. The company had posted revenue of Rs 53 crore in the last fiscal.
LVMH are being very, very nice to Celine and Hedi Slimane. The group just handed over the former Dior Homme boutique on high-traffic corner of Paris' rue François 1er and rue Marignan to Celine for a new store.
This year marks the 10th anniversary of Alibaba’s 11.11 shopping festival and the Chinese e-tailer is celebrating the occasion with 180,000 brands, 200,000 offline smart stores and a ‘see now, buy now’ fashion show.
Walmart Inc said on Friday it has acquired online lingerie retailer Bare Necessities for an undisclosed amount, its second apparel-focused acquisition in less than two weeks as it seeks more inroads into online fashion.