Who is Téthys Invest, Sézane’s new shareholder? Translated by Nicola Mira Téthys Invest, a subsidiary of Téthys, the main shareholder of L’Oréal, has recently acquired a stake in Sézane,Sézane’s new minority shareholder, as detailed in the following profile. Sézane’s ‘apartment’…
Gilly Hicks to open on Carnaby Street this week Abercrombie & Fitch Gilly Hicks The opening is part of the brand’s EMEA expansion plan that saw its Germany debut in Westfield The youth-focussed activewear, loungewear and intimates retailer has opened…
Serena Williams resigns from Poshmark board PoshmarkSerena Serena Williams resigns from Poshmark board. – Facebook: Serena Williams According to the online resale marketplace, Williams voluntarily resigned from the board of directors on Thursday and specified that the “resignation was not…
Amazon targets social commerce entry with acquisition of India’s GlowRoad Amazonsocial commerce in an all-cash deal, marking the e-commerce platform’s entry into the social commerce space already occupied by platforms such as Whatsapp and Facebook where users sell their wares. Both GlowRoad…
JD Sports linked with possible Missguided buy… again JD SportsMissguided Missguided Industry sources told Thisismoney that JD It’s unclear whether JD would come in as a partner or would want to buy the whole business. JD was originally reported to…
The VF Foundation supported over 3 million people in 2021 The VF Foundation said on Wednesday that it positively impacted more than three million people in 2021. The VF Foundation supports over 3 million people in 2021. – Facebook: Vans…
Hibbett promotes two senior vice presidents U.S. athletics and fashion retailer Hibbett Inc. announced on Wednesday the promotion of two industry veterans to the senior vice president level. Stephani Smith, Hibbett, SVP, Merchandising. – Hibbett Mike McAbee has been promoted…
Uniqlo sales fall in June but underlying picture is strong Fast RetailingUniqlo Uniqlo This time, the company said that “same-store sales declined sharply year on year in June as our decision to bring the start of the Uniqlo anniversary sale…
China Q1 GDP tops forecast, but March weakness raises outlook risks By Reuters China’s economy slowed in March as consumption, real estate and exports were hit hard, taking the shine off faster-than-expected first-quarter growth numbers and worsening an outlook already…
Kevin Bailey is new Vans global President VF Corp’s Kevin Bailey — who’s recently been President, Asia-Pacific Region and Emerging Brands — is moving to a major new role at the firm as he steps up to be Global Brand…
