Starboard slashes stake in Kohl’s after seeking to buy it in January By Reuters Activist hedge fund Starboard Value, which had offered to buy Kohl’s Corp for roughly $9 billion early this year, slashed its stake in the department store by…
Matalan said to be up for sale if refinancing fails – report Matalan Matalan Although Matalan had £121 million of cash at the end of May it also has £350 million of secured debt falling due at the end of January.…
Herschel Supply launches collection with Coca-Cola, Futura Laboratories Right on time for summer adventures, Vancouver-grown company Herschel Herschel Supply launches collection with Coca-Cola, Futura Laboratories. – Herschel Supply The collection introduces a custom print showcasing Futura’s “Pointman” among red Coca-Cola…
Bel Kazan founder Belinda Kazanci opens a new store in Los Angeles At Row DTLA, the former address of American Apparel Bel Kazan Grand opening – Cameron Jordan Debuting in mid-August, the boutique of designer Belinda Kazanci (opened in partnership…
Hudson’s Bay appoints new president Canadian retailer Hudson’s Bay announced on Monday the appointment of Sophia Hwang-Judiesch as president, effective September 19, 2022. Hudson’s Bay appoints new president. – Reuters Hwang-Judiesch replaces Wayne Drummond who will be retiring from the…
Abercrombie & Fitch rejigs range for greater inclusivity Translated by Nicola Mira Abercrombie & FitchLectra Abercrombie & Fitch has a more inclusive brand image than in the past – DR In 2014, A&F dropped its long-established moose, or elk, logo.…
Gymshark prepares to open first permanent store this weekend The big news about UK sports store openings in recent weeks may have focused on Battersea Power Station, but for GymsharkRegent Street Gymshark The 18,000 sq ft store (which took over…
Rituals to open first UK ‘premium store’ at Battersea Power Station as Nike also signs up The grand opening of Battersea Power Station as a giant shopping mall this Friday will see the debut there of Rituals Battersea Power Station…
Victoria’s Secret affirms Q3 guidance, unveils strategic growth plan Victoria’s Secret & Co announced on Wednesday that third-quarter operating income and earnings per share are expected to fall at the high-end of its previously announced guidance, despite a high single-digit…
AnOnlyChild kicks off LA Fashion Week in its new format Scheduled to open Los Angeles Fashion Week, the label created by Maxwell Osborne Before the LA show, FashionNetwork.com spoke with the designer. Maxwell Osborne, founder of AnOnlyChild label FashionNetwork.com: AnOnlyChild is inspired…
