French luxury group LVMH said Thursday September 4th it had appointed British designer Phoebe Philo creative director at the Celine luxury women's ready-to-wear label and Marco Gobbetti as its president and managing director.
The move to more sustainable, earth-friendly clothing, shoes and other consumer goods may be at a "tipping point" of mainstream acceptance, and major companies like Nike and eBay are recognizing their growing importance among global shoppers.
Adidas AG , the world's number two sports goods maker, will keep battling those who misuse its three-stripe logo, it said on Wednesday, September 3rd after settling a infringement lawsuit against Wal-Mart .
Snowboarding gear retailer Zumiez Inc posted a surprise 0.2 percent rise in August sales at stores open at least a year, sending its shares up 6 percent in after-market trading. Six analysts, were on average, expecting same-store sales to fall 3.
Japanese apparel maker Onward Holdings Co said on Monday it bought unlisted Violine, a holding firm that has Jil Sander luxury brand under its wing, for 167 million euros ($244 million) to boost its overseas presence.
French cosmetics group Clarins on Friday reported a drop in first-half net income to 24 million euros ($35.38 million) from 36.7 million euros a year earlier and renewed recent caution about the impact of currency swings.
Levi Strauss & Co said on Friday its chief financial officer was leaving the privately held jeans maker to pursue other opportunities, and would be replaced on an interim basis by its corporate controller.