Kenny Mitchell is named CMO of Levi’s brand Levi Strauss & Co He takes up the role as of 5 June and will be responsible for “advancing the Levi’s brand’s consumer marketing strategies, focused on building denim leadership equity, cementing…
U.S. Black Friday online sales hit record $9 bln despite high inflation: Adobe By Reuters U.S. shoppers spent a record $9.12 billion online this Black Friday, a report showed on Saturday, as consumers weathered the squeeze from high inflation and…
NYT reports Amazon plans to lay off 10,000 people starting this week By Reuters Amazon Reuters The job cuts will focus on the e-commerce giant’s devices unit, which houses voice-assistant Alexa, as well as its retail division and human resources,…
Etsy beats revenue estimates on steady demand By Reuters Etsy Etsy The results show that Etsy’s e-commerce platform remains popular among cost-conscious consumers, even as the threat of recession weighs on non-essential spending. Net revenue rose to $807.2 million in…
In the background, Inditex heiress sets tone for Zara revamp By Reuters A year into chairing the world’s biggest fashion retailer, Marta Ortega is trying to shake up ZaraInditex Reuters That strategy has already helped Inditex grow sales and profits…
Sports Direct owner mulls buying France’s Go Sport One of the UK’s most acquisitive companies as far as distressed brands are concerned — Frasers Group — is mulling the purchase of France-based Go Sport FNW That’s according to an interview…
Carlo Capasa says Milan Fashion Week was “exhilarating” Translated by Nicola Mira Milan Fashion Week Carlo Capasa – CNMI “I believe the Italian fashion industry, the country’s second largest sector, showed a very powerful image of itself to the world.…
Pitti Bimbo 96 grows in size, focuses on sustainability, street style Translated by Nicola Mira The 96th edition of the Pitti Bimbo Pitti Bimbo will be held in Florence on January 18-20 – DR Many buyers, also from outside Italy,…
Chico’s FAS logs double-digit 2022 sales growth on solid Q4 Chico’s FAS announced on Tuesday a double-digit uptick in revenues for the full-year 2022, after a solid fourth-quarter increase of 5.6% to reach $524.1 million, compared to $496.3 million last year. Chico’s…
Danish brand Ganni launches sports line Translated by Roberta HERRERA The Danish fashion brand has expanded its offering this February with the introduction of a completely new category to complement its fashion, footwear and accessories range. Named “GanniSsense The sports…
