HanesBrands returns to profit in Q1, Champion U.S. sales hurt by product supply delays HanesBrands announced on Friday a 5% uptick it net sales for the first quarter, on the back of increased sales in the company’s U.S. and international…
Esprit plans Asia comeback as it focuses on higher quality, slower fashion Recovering fashion retailer Esprit Esprit That’s according to CEO William Pak who, in an interview with Bloomberg Television, said the firm that the firm’s output is also more…
REI appoints two members to board of directors Specialty outdoor retailer REI REI appoints two members to board of directors. – Facebook: REI “I’m incredibly pleased to have both Jim and Michael joining our board,” said Eric Artz, CEO REI…
H&M Foundation unveils Global Change Award winners H&MChange The 2022 Global Change Award winning innovations – DR H&M Chairman Karl-Johan Persson So who are the winners this time round? They include UK-based BioPuff by saltyco whose alternative to goose down is…
American Eagle Outfitters closes Tmall store American Eagle OutfittersTmallAlibaba American Eagle Outfitters Inc closes Tmall store. – American Eagle Outfitters Inc The company opened its Tmall flagship store with an American Eagle and Aerie Still, just last year Andrew McLean,…
Joules names Jonathon Brown as new CEO Lifestyle retailer Joules Joules He’s “a proven leader with a strong track record of improving performance and implementing strategic transformation programmes across several digital and retail businesses”. He began his career in various…
Fleur du Mal celebrates its 10th anniversary at LA Fashion Week Jennifer Zuccarini co-founded her first brand Kiki de Montparnasse in 2006 in New York before becoming design director at Victoria’s Secret. She then launched her own lingerie brand Fleur…
Alpine Group partners with HERFinance Textile innovation and apparel manufacturing group Alpine Group announced on Thursday a partnership with financial inclusion programme HERfinance on the launch of a new program to support women in global supply chains. Alpine Group partners…
Vinted morphs into Europe-wide B2B logistics operator Translated by Nicola Mira Lithuanian group Vinted Shutterstock The Vinted Go organisation can take care of both national and cross-border shipments across Europe, relying on a network of partner carriers that utilises 220,000…
Fashion group Shandong Ruyi’s creditors take full control of Lycra By Reuters U.S. fiber maker LycraShandong Ruyi Ruyi bought control of Lycra from U.S. conglomerate Koch Industries for $2.6 billion in 2019, borrowing about $1 billion for the deal –…
