SYDNEY, Australia — Shareholders of David Jones Ltd, Australia's No. 2 department store by sales, on Monday backed a $2 billion bid by South Africa's Woolworths Holdings Ltd, ending weeks of uncertainty over the intentions of top shareholder Solomon Lew.
PARIS, France — When Christian Dior introduced his debut haute couture collection in February 1947, the meters of fabric spilling over the models' hips in swirls of fine wool, silk and tulle were nothing short of a fashion revolution.
LONDON, United Kingdom — Burberry Group Plc shareholders rejected the U.K.’s largest luxury-goods maker’s remuneration report as investors rebelled against a pay package awarded to new Chief Executive Officer Christopher Bailey.
BoF compiles the most important professional moves of the week.
NEW YORK, United States — Gap Inc., the largest U.S. retailer focused on apparel, tumbled as much as 5.3 percent in late trading after posting a comparable-store sales drop for June.
NEW YORK, United States — Eileen Ford, whose eye for feminine beauty made her agency a byword for supermodels and influenced women’s fashion for generations, has died. She was 92.
LOS ANGELES, United States — Dov Charney’s future at the company he founded 25 years ago will come down to three people, and one of them already voted to fire him.
LONDON, United Kingdom — Burberry Group Plc, the U.K.’s largest luxury-goods maker, reported first-quarter revenue that beat estimates as digital marketing initiatives drove sales of apparel and accessories in Asia and the Americas.
TOKYO, Japan — Fast Retailing Co., Asia’s biggest clothing retailer, cut its forecast for annual profit for the second time in the current fiscal year.
PARIS, France — Fashion designers and architects are very different animals, but their eye for form and sculpture is the same, which may be why Karl Lagerfeld drew influence from the pioneering architect Le Corbusier for Chanel's Fall/Winter 2014-2015 collection presented on Tuesday.
LOS ANGELES, United States — Ousted American Apparel Inc head Dov Charney supported workers in the clothing industry with his stance in favor of immigration rights and determination to keep jobs in the United States, but some employees are not returning the favor.