JD Sports Fashion is turning its attention to esports, the booming international video games competition arena. The UK’s biggest athletic sportswear retailer has signed a commercial partnership deal with Excel Esports.
SMCP’s shareholders met in a general meeting on Friday and dismissed the Chinese group’s representatives from the board. Christophe Chenut, Xavier Veret and Natalia Nicolaidis have been named in their place.
Swedish fashion house Filippa K has named Liisa Kessler as its new Creative Director. It’s a big move for the label as she succeeds brand founder Filippa Knutsson, who stepped away from the role as far back as 2019.
Speculation is intensifying over who might buy Boots from its current owner Walgreen Boots Alliance, and the latest names in the frame are the Issa brothers, the retail tycoons who recently took control of Asda.
Former Farfetch COO Andrew Robb is in the running to be the next CEO of ASOS, a report has claimed. There had been speculation in recent weeks that Robb was a contender for one of global fashion's top leadership posts.
Burberry is the latest big name in fashion to link its finances to its drive to operate a greener and more ethical business. It has refinanced its revolving credit facility to a £300m sustainability-linked loan.
Aditya Birla Fashion and Retail said on Friday it would buy a 51% stake in House of Masaba Lifestyle for about 900 million rupees ($12.14 million), as it seeks to strengthen its presence in the fast growing segment.
U.S. holiday sales in 2021 came in at a better-than-expected $886.7 billion, boosted by customers returning to stores and splurging more online, even as a jump in Covid-19 cases and supply chain issues loomed.
Borsalino, a magical name, hasn’t had the most magical time of late, with a pandemic-induced factory closure and a tough global market, but with an art-inspired collection its new management reveals their strategy.