J.Crew Flagship Reopens in Soho
The American apparel chain has returned to the Manhattan retail neighbourhood for the first time since 2017.
Keren Craig has left the company she founded with Georgina Chapman, 18 months after allegations against Harvey Weinstein came to light.
This week, Paul Marciano resigns from Guess after sexual misconduct allegations, while an investigation has found connections between Marchesa and Harvey Weinstein.
This week, China launches a luxury brand appraisal centre to tackle fakes, while street style's focus on thin white women is excluding minorities.
As sexual abuse claims against Weinstein mount, his wife — the co-founder of luxury brand Marchesa — has announced she will leave the disgraced movie mogul.
The American apparel chain has returned to the Manhattan retail neighbourhood for the first time since 2017.
Revenues totalled 227 million euros ($244.5 million), below analyst expectations of 237 million euros according a LSEG consensus.
Researchers have expressed concerned that AI-generated content could be used as misinformation in an attempt to interfere with US elections this fall.
Sticky inflation has forced shoppers in various categories to trade down to more affordable products.
The company’s net sales came in at $1.48 billion in the quarter ended March 30, compared to analysts’ average estimate of $1.50 billion, according to LSEG data.
The company’s main growth driver was its continued store openings, with eight new locations during the quarter and a total of 40 anticipated for 2024.
New analysis shows that 162,000 tourists from outside the European Union sought refunds on VAT — a sales tax — exclusively in Britain in 2019. One fifth of those tourists are now claiming rebates in other parts of the EU, where the tax break still applies.
Fabiola Torres, who has also held leadership roles at Nike and Apple, will oversee the group's marketing, merchandising and store experience functions.