True Religion Apparel Inc on Monday filed for Chapter 11 bankruptcy protection for a second time in less than three years, becoming another casualty of the coronavirus outbreak that has ravaged the retail sector.
Renzo Rosso, who owns more fashion-forward brands than anyone in Italy, is one busy man. We caught up with the fashion empresario in Manhattan to hear how his radical readjustment of Diesel is progressing.
On Sunday, the Parisian trade show Who’s Next gave a platform to several change-makers for a conference on how brands can transition to become more eco-friendly which, it was agreed, requires a multipronged approach.
Shares in Nordstrom Inc slumped 9 percent after the U.S. department store operator reported disappointing same-store sales and said it had been forced to refund some of its credit card customers after overcharging them.