The New Zealand-based Kathmandu group, the surfing brand’s owner since the end of 2019, has published the data for its latest financial year. Rip Curl’s sales have slumped, though they recorded a post-lockdown rebound.
One felt a little like genuflecting entering the stage set of Christian Dior on Tuesday, when the house’s designer Maria Grazia Chiuri staged her latest feminist fashion opus, set in a concept-art cathedral.
The weather gods were cruel Coperni this season, but the creative muses were far kinder, as the French duo staged an excellent collection on the roof of Montparnasse Tower – the first live runway show of Paris Fashion Week .
London’s Seven Dials area has launched an initiative designed to help start-ups but also to boost the mix of appealing brands in the neighbourhood as it fights back in the battle to attract visitors post-lockdown.
Asda looks set to change hands, possibly as early as this week, with owner Walmart having entered exclusive talks with private equity firm TDR Capital. Walmart is expected to sell a controlling stake for over £6.5bn.
Asos has launched its first circular fashion collection following a collab with the Centre for Sustainable Fashion. It features “29 trend-led styles designed with industry-leading circularity principles”.
OneStock offered more evidence of the value of its technology solution this week saying that UK retailer Ted Baker managed to fulfil an extra 101,000 online orders in a year following a new omnichannel initiative.
The Securities and Exchange Commission on Monday charged a former finance manager at Amazon and two of her family members with insider trading in advance of the company's announcements between January 2016 and July 2018.
LVMH countersued Tiffany & Co on Monday, arguing the U.S. jeweler's financial mismanagement in the pandemic permits the French luxury goods giant to walk away from its proposed $16 billion acquisition of the company.