Joules calls on KPMG to help boost liquidity JoulesKPMG Joules It said it has “appointed KPMG debt advisory to assist in this process” after The Sunday Times first reported the news. As of 29 May, it had net debt of…
Desigual strengthens its business in China with a joint venture Translated by Roberta HERRERA The Spanish fashion company is looking to grow in the Asian market. In order to expand its online business in China, the company led by Thomas…
Lands’ End names AEO executive new CEO American lifestyle brand Lands’ End Lands’ End The Dodgeville, Wisconsin-based company said McLean will join Lands’ End as CEO-designate and as a member of the board of Directors on November 1, before assuming the…
Aritzia Q1 sales, earnings surge Canadian fashion retailer Aritzia Inc. announced on Thursday a 65% surge in net revenues for the first quarter, on the back of strong growth across all channels and geographies. Aritzia The Vancouver-based company said net…
AllSaints names digital agency Croud to target global growth, North America key focus AllSaints AllSaints Supporting AllSaints’ Digital team, Croud was selected to help deliver on team goals “aligning with the greater company strategy”, BDaily reported. This includes full funnel activation,…
Tapestry net sales reach $6.68 bn in 2022, up 16% By Fibre2Fashion New York-based multinational luxury fashion holding company Tapestry Kate Spade – Spring-Summer2020 – Womenswear – New York – © PixelFormula Tapestry is the parent company of luxury brands…
Amancio Ortega to receive €859 million in dividends from Inditex, more to come this year By Europa Press Translated by Roberta HERRERA Amancio Ortega, founder and majority shareholder of Inditex Amancio Ortega – EFE This year, the businessman will receive…
Kohl’s braces for bidders revising down offers By Reuters Bidders competing to acquire Kohl’s Reuters The bidders, which include private equity firm Sycamore Partners, brand holding firm Franchise Group, and J.C. Penney investors Simon Property Group Starboard Value-backed Acacia Research…
Nili Lotan launches first menswear collection Nili Lotan made her entrance into menswear on Friday with the launch of a debut men’s collection for pre-Fall 2022. Nili Lotan launches first menswear collection. – Nili Lotan The collection launches with a…
Walmex first quarter revenue jumps, yet growth trails sector By Reuters Walmart’s Mexico unit on Tuesday reported a 10% increase in first-quarter revenue, even as it acknowledged sales growth fell behind the retail sector for the first time in eight…
