The footwear and accessories brand has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of its common stock.
Thirty six years after founding the brand, Thomas Meyer is ready to talk publicly about his company. The Spanish businessman outlines the strategy and evolution of a business that turned over 600 million euros in 2019.
Confirming reports that circulated at the end of last year, New York-based Centric Brands announced on Friday that it has purchased the Zac Posen brand and all related intellectual property for an undisclosed sum.
The footwear group announced its preliminary fourth-quarter sales on Friday, revealing a 3% decrease in revenues dragged down by a disappointing performance from the company’s brand portfolio over the holiday season.
The creation of a new team dedicated to transforming retail experiences sets the tone for a new decade at Intu, the troubled shopping centre owner which is trying to raise £1 billion from shareholders to survive.
French groups Crédit Agricole Assurances and La Française will hold a 54.2% stake in the joint-venture company set up with commercial real estate developer URW to run five leading shopping malls in France.
Stockmann is forging ahead with its transformation plans and while the signature department store chain is loss-making and the market is tough, the firm is upbeat on its prospects and of those of the more buoyant Lindex.
The Kering-owned Italian luxury label had been declining since 2016, but in 2019 it started growing again under the aegis of creative director Daniel Lee, generating a revenue of €1.16 billion, up 5.3%.
At the presentation of the luxury group's annual results, boss François-Henri Pinault said there is no acquisition on the cards at the moment, the priority being ensuring the growth of Kering's own labels.
The footwear and accessories retailer is teaming up with the global superstar for a business partnership that will see the exclusive launch of the JLO Jennifer Lopez brand at DSW Designer Shoe Warehouse.