Saks Global Enterprises slashed full-year guidance and reported a sales decline in an earnings update to investors on Thursday, citing challenges managing the flow of inventory. Read More
Véronique Nichanian, the longest-running creative director of a significant fashion house, is leaving Hermès, the Paris-based house confirmed on Thursday. Read More
On Thursday, before a packed audience in the forecourt, the new director general, Hugo Lucchino, opened the fashion competition, which until recently had been under threat from a severe budget crisis. Read More
Contemporary lifestyle brand Rains has just opened a 123 sq m flagship in Amsterdam’s Canal District, marking the debut of a new global retail concept for the label developed alongside Stockholm-based studio Stamuli. Read More
Following the closure of its large-scale pop-up shop at Paris’ 117 Rue du Bac, Zara Home will open a new permanent shop, inspired by its ‘El Apartamento’ concept, at 83 Rue du Bac by the end of 2025. Read More
Clothing specialist Regatta Great Outdoors is broadening its TV strategy for 2025. It’s increasing its investment in Sky AdSmart and Video on Demand (VOD) ads for the new campaign titled It’s Time To Getta Regatta. Read More
Spanish police are investigating the death of fashion brand Mango’s founder, according to local media. Isak Andic’s death last December was initially attributed to an accident but now his son is suspected. Read More
Consumer goods company Mammoth Brands announced on Thursday that it will buy premium baby care brand Coterie, which counts models and entrepreneurs Karlie Kloss and Ashley Graham as investors. Read More
Peyush Bansal founded eyewear-maker Lenskart Solutions Ltd. more than 15 years ago with partners he met on LinkedIn and grew it into a multi-billion dollar business. Now the entrepreneur is in line for a windfall. Read More
OTB is bolstering its presence in China with the opening of its new APAC headquarters in Shanghai, a university lecture by Renzo Rosso, and a capsule collection to mark Diesel’s 20th anniversary in the country. Read More
