Fossil names new communications, people chief
Fossil Group on Monday announced the appointment of Shannon Freeze to the role of chief people and communications officer at the U.S. watchmaker, effective February 23. Read More
Fashion
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“We want to create a sense that this is a must-attend trade fair,” says Momad’s Julia González
Momad returned to Ifema from February 5 to 7, in an edition characterised by internationalisation and a strong focus on product. Its director, Julia González, speaks to FashionNetwork.com about the future of Momad. Read More
Kering’s fourth-quarter sales fall less than expected as Gucci slide continues
Kering reported on Tuesday a slightly smaller-than-expected drop in fourth-quarter sales, as investors await details of CEO Luca de Meo’s plans to revive the Gucci owner’s flagging fortunes. Read More
Francesca’s files for bankruptcy
Specialty fashion retailer Francesca’s has voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Jersey. Read More
Climate inaction puts 34% of fashion industry profits at risk
The fashion industry is heading for a 34% drop in profits by 2030 unless companies move quickly to rein in their climate footprint, according to a report by the Apparel Impact Institute. Read More
Farfetch study shows evolution in UK consumers’ luxury purchases
Farfetch has released a new UK consumer study and it reveals that high-end shoppers are “moving away from impulse splurges and logo-led status buys, prioritising versatility, sustainability, and long-term value”. Read More
Warpaint London acquires Barry M
Affordable cosmetics specialist warpaint London had two bits of news this week, one an acquisition and another a trading update. And both look positive for the business. Read More
MOMAD concludes stable winter edition, prepares for new phase of transformation
The Madrid fashion and accessories trade fair, held at IFEMA Madrid from February 5 to 7, concludes an edition marked by stability and is preparing a new project ahead of the July event. Read More
Asics sees boom in running shoes for India’s healthy and wealthy
Japanese shoemaker Asics Corp. expects its India business to grow as much as 35% annually for the next five years Read More
M&S in denim deep dive with new styles, value pricing, dedicated campaign
The importance of denim to modern dressing can be seen not just from what we spot on the street but the large number of non-specialist brands that focus on it heavily. M&S is the latest with new fits and a new campaign. Read More