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Wolverine Worldwide predicts better-than-expected Q2 on strong e-commerce gains
The outdoor lifestyle group has announced skyrocketing e-commerce sales in the first nine weeks of Q2, giving the company hope of achieving better-than-expected results in a quarter negatively impacted by Covid-19.
Fashion
Business
G-III posts 36% drop in sales, announces shuttering of almost 200 stores
The NYC-based owner of DKNY and Donna Karan has reported a 36.1% decline in its Q1 sales as a result of the Covid-19 pandemic, and also announced the permanent closure of its Wilsons Leather and G.H. Bass Stores.
Fashion
Business
Gap reports huge first-quarter loss on coronavirus-led store closures
Gap Inc on Thursday reported a whopping first-quarter loss of $932 million as the apparel retailer wrote down the value of some assets due to coronavirus-driven store closures.
Fashion
Business
Canadian retailer Comark Holdings to restructure as virus crisis weighs
Comark Holdings Inc said on Wednesday it would restructure under the Companies’ Creditors Arrangement Act (CCAA) as the fallout from the COVID-19 pandemic hit the Canadian apparel retailer’s business.
Fashion
Business
Design
Prince Dimitri of Yugoslavia to launch memoirs in New York this September
NYC's prince of jewelry, HRH Prince Dimitri of Yugoslavia, will release Once Upon a Diamond: A Family Tradition of Royal Jewels, a book of memoirs on his family's collections and his own designs, in September.
Luxury
Design
A world redrawn: The rich must 'share' says Agnes b
Agnes b. called in an interview for the rich to "share" and insisted we must not forget the urgency of looking out for the environment.
Fashion
Design
Hyères Fashion Festival to be held on October 15-19
The event, previously postponed due to the Covid-19 crisis, will be held on October 15-19 under the aegis of jury presidents Jonathan Anderson, Paolo Roversi and Hubert Barrère, featuring a new prize sponsored by Hermès.
Fashion
Design
A Common Thread names Bode, Rodarte, Brother Vellies and Rachel Comey among first round of grant recipients
The CFDA and Vogue's Covid-19 relief fund announced that $2.13 million will be distributed to 44 businesses in the fund's first round.
Luxury
Design
Appointments
LVMH propels Arnault scion to head up Tag Heuer watches
LVMH on Thursday said that Frédéric Arnault, one of the younger sons of the luxury goods group's billionaire boss, would take over running watch brand Tag Heuer.
Luxury
Appointments
Kylie Cosmetics CEO makes quick exit
Coty has announced that Kylie Cosmetics chief executive officer Christoph Honnefelder has left the brand, after only being appointed to the leadership role in January of this year.
Beauty
Appointments
Daniel Grieder steps down as CEO Tommy Hilfiger Global and PVH Europe
US fashion group PVH Corp. has announced the departure of its head of Europe and of Tommy Hilfiger’s global business. After 23 years with the group, Grieder will be replaced by current PVH Corp. COO Martijn Hagman.
Fashion
Appointments
Rebekka Bay becomes Marimekko creative director
Marimekko has named former Gap creative chief Rebekka Bay as its new Creative Director, starting in September.
Fashion
Appointments
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