Victoria’s Secret completes acquisition of Adore Me Victoria’s Secret said on Tuesday that it has completed the acquisition of digitally-native intimates brand Adore Me, supporting the lingerie giant’s goal to become the world’s leading retailer of intimate apparel. Victoria’s Secret…
Designer Brands clocks fourth-quarter sales dip, but annual sales still up Designer Brands announced on Thursday net sales for the year 2022 increased 3.7% to $3.3 billion, with comparable sales up 4.4%, withstanding a single-digit decline in the fourth quarter ended January 28.…
Salesforce appoints new board directors amid activist investor pressure By Reuters API Salesforce The company appointed the chief executive of hedge fund ValueAct Capital, Mason Morfit, Mastercard finance chief Sachin Mehra and former chief executive of Carnival Corp Arnold Donald…
Decentraland and Over stage second Metaverse Fashion Week Translated by Nicola Mira After a first edition that relied on novelty appeal, Decentraland is staging the second Metaverse Fashion Week (MVFW) on March 28-31. The official calendar includes presentations by labels…
Donald Kohler named president of Calvin Klein Americas PVHCalvin Klein Donald Kohler named president of Calvin Klein Americas. – Calvin Klein Americas In this role, effective March 13, 2023, Kohler will lead the regional Calvin Klein business, and will report…
Indochino launches womenswear online Vancouver-based made-to-measure brand Indochino announced on Monday the expansion of its women’s offering to its e-commerce channel, following a successful rollout in select physical showrooms last fall. Indochino launches womenswear online. – Indochino The line will…
Private labels a growth driver for department stores Translated by Nicola Mira Since the Covid-19 crisis, when tourist customers became scarcer, department stores all over the world have been relying to a much greater extent on their own brands. Between…
Podcast: Pierre-Nicolas Hurstel of Arianee unpacks Web3 challenges facing the fashion industry Translated by Nicola Mira The new episode (in French) of the LuxurynsightXFashionNetwork podcast series hosts Pierre-Nicolas Hurstel, CEO and co-founder of Arianee, a French consortium specialised in Web3…
Wolford closes 2022 with 16% sales growth By DPA Translated by Cassidy STEPHENS According to still unaudited figures, the Austrian hoisery specialist achieved a turnover of 126.6 million euros in the 2022 financial year, an increase of 16 % compared…
Levi’s appoints first chief digital officer Levi Strauss & Co Jason Gowans – Courtesy In this new role within the company, Gowans will be focused on bringing together LS&Co.’s engineering, data, AI and digital product management to lead digital efforts…
