Converse Cuts Jobs as Part of Parent Nike’s Cost-Savings Plan
Nike is undergoing a $2 billion cost-cutting plan that includes slashing 2 percent of its workforce.
Following rumours last week, LVMH has agreed to sell Donna Karan International Inc. to G-III Apparel Group Ltd. for an enterprise value of $650 million.
Donna Karan International announced late Tuesday that the brand's founder is stepping down from her post as chief designer.
NEW YORK, United States — With a little tear and a victory walk down the runway, Donna Karan marked her company's 30th anniversary Monday night with
"The resort shows, which won't end until Christmas, are a complete distraction. Nobody can really decide if resort should be a nice reworking of a
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Fashion Weighs a Deeper Investment in Africa (IHT) "Designers from Vivienne Westwood to Jean Paul Gaultier have long drawn on the vibrancy of African
NEW YORK, United States — To tweet, or not to tweet. That has been the question on many fashion business minds over the past year. Not every brand
Asian-Americans Climb Fashion Industry Ladder (NY Times) "It was the first time that all three prizes given by the [CFDA] were awarded to designers
Jean-Louis Dumas, Chief of Hermès, Dies at 72 (NY Times) "Jean-Louis Dumas, who revived the flagging fortunes of Hermès in the late 1970s and in his
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LONDON, United Kingdom - For many of fashion's iconic characters, from Vogue 's Anna Wintour to the prolific designer Karl Lagerfeld, who designs for
Marks & Spencer to Cut 1,230 Jobs ( WWD) Marks & Spencer's chairman expects its "gross profit margin to be 1.75 percentage points lower than the
Nike is undergoing a $2 billion cost-cutting plan that includes slashing 2 percent of its workforce.
During her tenure, Drucker Mann was instrumental in ushering the business into the digital age, said Roger Lynch, Condé Nast’s chief executive.
The miner set out its plans for a potential break-up via a demerger or sale of some of its assets, as it fights off a $43 billion takeover bid from BHP Group.
The company, whose stock soared to a record during the pandemic, has languished as faster inflation and shoppers returning to stores pummelled sales in 2022 and 2023.
Fast-growing DTC sales helped the brand beat Wall Street expectations in the quarter ending March 31.
The British fashion house will likely reveal that its fiscal fourth quarter — which will be reported on Wednesday — is expected to be the year’s worst, according to analyst estimates compiled by Bloomberg.
A sale would undo a blockbuster trans-Atlantic merger that took place in stages beginning more than a decade ago.
Ouai founder Jen Atkin’s 10-year-old editorial hair care site Mane Addicts has effectively shut down.