Last week it announced lower sales and profit. And this week? Ingvar Larsson, CEO of Lindex is leaving with Elisabeth Peregi, currently the Country Manager of Lindex Sweden, named as interim CEO with immediate effect.
It’s been quiet on the Jimmy Choo-Michael Kors front for a month but it seems the deal for the US firm to take over the UK label is on track. And Kors won't raise its £900m offer as no other bidders have emerged.
Announced in 2016, the artistic and creative collaboration between the German shoe and sportswear brand and the musician The Weeknd will finally bear fruit on August 24, with the launch of the singer's first sneaker.
Estée Lauder Cos stock hit a record high after it forecast stronger full-year profit and sales posted higher-than-expected results as the cosmetics maker sold more products from brands such as M.A.C and Tom Ford.
Shares of sporting goods retailers were pummelled in early trading on Friday as dismal quarterly results from Hibbett and Foot Locker heightened concerns about a supply glut intensifying price wars in the industry.
The athleisure trend is here for the long term say analysts at GlobalData with its new report saying Asos’s decision to target the £2.5bn sports apparel market is a reflection of the category’s durable appeal.
Forget waiting weeks for an appointment with a dermatologist with a personalised skincare consultation online. Such is the concept behind AR tech provider ModiFace's new web skin assessment platform for skincare brands.
Gap Inc reported better-than-expected second-quarter results and raised its full-year profit forecast, helped by strong demand for Old Navy products and fewer discounts, and its shares rose about 5 percent.
Online sales were up again in the UK during July, which is hardly surprising news. But given how tough times have been for the fashion sector its was encouraging to see that fashion did particularly well.
Target Corp has reported an increase in Q2 comp sales after four straight negative quarters, driven by improved online traffic and demand across all businesses except groceries. New brands have also done well.