H&M Makes London Fashion Week Return as it Aims to Deliver on Revamp Strategy H&M, the renowned Swedish fashion retailer, recently made a striking comeback at London Fashion Week with its first runway show in seven years. This bold move signifies the brand’s commitment to showcasing its fashion prowess and regaining its foothold in an […]
VF Corp. Sells Dickies to Bluestar Alliance
VF Corp. Sells Dickies to Bluestar Alliance In a move that has sent shockwaves through the fashion and workwear industries, VF Corp., the American apparel and footwear company, has offloaded the iconic Dickies brand to Bluestar Alliance for a whopping $600 million. The sale comes as VF Corp. aims to streamline its portfolio and focus […]
The Debrief | The Great Fashion Reset: Can Designer Debuts Revive Luxury?
The Great Fashion Reset: Can Designer Debuts Revive Luxury? In the realm of luxury fashion, where demand has been slowing and prices are soaring, major houses are turning to new creative minds to breathe fresh life into their brands. The runway debuts of designers at renowned fashion houses like Gucci, Chanel, and Dior are sparking […]
Victoria’s Secret Comeback Shows Progress With Sales Rebound
Victoria’s Secret Comeback Shows Progress With Sales Rebound Victoria’s Secret, the iconic lingerie brand, has been making headlines recently with its impressive sales rebound, signaling a promising comeback under the leadership of its new CEO, Hillary Super. Since taking the helm, Super has implemented a strategic plan to revitalize the brand, focusing on key areas […]
Burberry Reports Smaller-Than-Expected Sales Dip
Burberry Reports Smaller-Than-Expected Sales Dip Burberry, the iconic British luxury brand, recently disclosed that its comparable retail sales experienced a marginal decline of just 1 percent in the first quarter. This revelation has sparked optimism among investors and industry experts, as it signifies the early success of the brand’s revitalization strategies under new leadership. The […]
Exclusive: Roberto Cavalli CEO to Exit as Owner Seeks Sale
Exclusive: Roberto Cavalli CEO to Exit as Owner Seeks Sale Roberto Cavalli, the iconic Italian fashion house known for its luxurious designs and exotic prints, is undergoing a significant leadership change. Sergio Azzolari, who has served as the CEO for less than three years, is set to step down from his position. This move comes […]
Former Expedia CEO Buys Troubled Luxury Lingerie Brand La Perla
Former Expedia CEO Peter Kern has made headlines in the business world once again, this time for his recent acquisition of the troubled luxury lingerie brand La Perla. The Italian brand, which has been facing legal challenges and financial difficulties, was purchased by Kern for a reported €25 million. This move marks a significant shift […]
Nike President O’Neill Out in Latest Shake-Up Under New CEO
Nike President O’Neill Out in Latest Shake-Up Under New CEO In a recent turn of events, Nike has announced the departure of its President, O’Neill, under the leadership of the new CEO, Elliott Hill. This move comes as part of Hill’s strategic efforts to reorient the sportswear giant, following a tumultuous period marked by layoffs […]
Goldman Sachs to Lead €2.5 Billion Financing for Prada-Versace Deal
Goldman Sachs to Lead €2.5 Billion Financing for Prada-Versace Deal In the fast-paced world of high-end fashion mergers and acquisitions, the latest buzz surrounds the €2.5 billion financing deal led by Goldman Sachs for the Prada-Versace acquisition. This significant financial maneuver has caught the attention of industry insiders and financial analysts alike, with €1.5 billion […]
OTB Taps Simone Bellotti as Jil Sander Creative Director
OTB Taps Simone Bellotti as Jil Sander Creative Director Italian fashion powerhouse OTB has recently announced its decision to appoint Simone Bellotti as the new Creative Director for Jil Sander. This move comes after the departure of Lucie and Luke Meier, who bid adieu to the renowned fashion house just two weeks ago. Bellotti’s appointment […]