PVH Corp on Wednesday said it has made an offer to buy Australia's Gazal, as the U.S. company looks to expand its direct control of businesses operated under the Calvin Klein and Tommy Hilfiger brands globally.
The U.S. Bankruptcy Court for the Eastern District of Missouri has approved relief efforts for Payless as it shuts down approximately 2,500 stores in the U.S., Puerto Rico and Canada, as well as its e-commerce platform.
After being helmed by the German designer for 35 years, the luxury label has opted for continuity with Virginie Viard, who will need to adapt to a market with an increasingly voracious appetite for novelty.
The move will give sales reps access to training on a range of topics, from beauty tutorials and skincare science to marketing and sales skills. The ultimate goal is to strengthen representative retention.
Times may still be tough for Laura Ashley but its fashion business powered ahead in H1 with double-digit growth and the spring collection looks like it could deliver more of the same, it said Wednesday.