Under Armour, Inc. has announced the appointment of Lisa Collier as Chief Product Officer. With more than 30 years across global brand leadership, product development, supply chain and merchandising, the company said in a statement, Collier will provide multi-disciplined specialty retail expertise to […]

Secondhand luxury platform The RealReal has announced it is anticipating a first quarter loss and is looking at measures to cut expenses by more than 70 million dollars including cutting or furloughing staff. The San Francisco-based company said it expects its gross merchandise volume (GMV) for the […]

Following the severe impact on its business from the global spread of the coronavirus pandemic, Adidas has announced that the company received the approval of the German government for the participation of KfW, Germany’s state-owned development bank, in a syndicated revolving loan facility amounting […]

Hardly any industry was spared by COVID-19. However, one of the biggest industry sectors affected is the event industry. Guido Emmerich, Managing Partner and CMO of Avantgarde, deals with the question of whether formats such as trade fairs and events will be completely abandoned within the future or […]

Moss Bros has announced it will postpone publishing its full-year from late May to late July in light of the government’s new temporary relief measures. Last month, the company warned of a significant reduction in revenue and profitability for the year ending 30 January 2021, adding that prior to 13 […]

Versace and Luxottica Group have jointly announced the early renewal of an exclusive license agreement for the development, production and worldwide distribution of sunglasses and prescription frames under the Versace brand. The company said in a statement that ten-year renewal is effective starting […]

eBay Inc. has appointed Jamie Iannone as Chief Executive Officer, effective April 27, 2020. The company said in a statement that he has also been elected to the company’s board of directors. Most recently Iannone was chief operating officer of Walmart eCommerce. “The board believes Jamie is the ideal […]

Most European countries and the United States have been in lockdown since mid-March due to the Covid 19 pandemic, and brick and mortar stores have been closed accordingly. Although online retail continues, it is proving difficult due to falling consumer spending, transport issues and disruptions of […]

Net sales in the first quarter at Brunello Cucinelli amounted to 156.7 million euros (171.4 million dollars), with a performance at current exchange rates of negative 2.3 percent and negative 2.9 percent at constant exchange rates. Commenting on the first quarter trading, Brunello Cucinelli, the company’s […]

With the world reeling in shock from the effects of the coronavirus pandemic, one would think that sustainability has taken a backseat but on the contrary, more than ever, the fashion industry is determined to make every effort count. Particularly heartening is to see that fashion brands are reaching […]

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