DHAKA, Bangladesh — At least 175 mainly women workers were killed in a Bangladesh building collapse and rescuers searching for survivors said on Thursday that many more were trapped in the rubble of a complex that housed factories supplying Western clothes retailers including Primark and Joe Fresh.
While many other luxury brands reported slowing growth, Prada posted a remarkable net profit increase of 46 percent in the 2012 financial year. BoF examines the secret to the company’s success.
Last month, Harrods and Dior celebrated sixty years of joint history with a mega-sized promotion of unprecedented scale. Now that the dust has settled, BoF takes a closer look at the results of the retail extravaganza.
NEW YORK, United States — Jones Group Inc., the owner of the Jones New York, Nine West and Anne Klein fashion brands, will close 170 stores and cut 8 percent of its workforce after first- quarter profit trailed analysts’ estimates.
PARIS, France — PPR SA, the French owner of Gucci and sporting goods maker Puma SE, said it will buy a majority stake in Italy’s Pomellato from closely held RA.MO SpA to expand its jewelry offerings.