Prada CEO Not Eyeing Big Acquisitions Right Now
Chief executive Andrea Guerra said the Italian fashion group wants to stay focused on developing its own brands, ruling out any major moves in the short term.
The two companies were in talks before the pandemic about converting retail space that was formerly occupied by J.C. Penney and Sears Holdings Corp.
Shoe Carnival shares have declined 8 percent since the beginning of the year.
The Finish Line Inc. on Wednesday reported a loss of $40.4 million in its fiscal third quarter.
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Chief executive Andrea Guerra said the Italian fashion group wants to stay focused on developing its own brands, ruling out any major moves in the short term.
Nordstrom was instrumental in the Seattle department store chain’s expansion and 1971 initial public offering.
“This has been by far one of the hardest and most important decisions I have ever made,” the sustainability-focused designer said in an Instagram post.
Carter joins the company from makeup artist Danessa Myricks’ namesake cosmetics label, where she was CMO.
The companies are the latest additions to the Uyghur Forced Labor Prevention Act Entity List that restricts the import of goods tied to what the US government has characterised as an ongoing genocide of minorities in China’s Xinjiang region.
Craig Green, Ottolinger and Louis Gabriel Nouchi have been tapped to design for the fifth edition of the project by Netherlands-based tannery Ecco Leather, now known as Ecco.Kollektive.
London-based womenswear brand Chopova Lowena has been named the winner of the 2024 BFC/Vogue Designer Fashion Fund.
The Toronto-based company reported revenue of C$358 million ($263 million) for the fiscal fourth quarter.