Shopify Falls on Surprise Loss, Hit From Logistics Unit Sale
After rallying more than 120 percent last year, Shopify shares have struggled this year after the company had projected higher operating costs than expected for this quarter.
The British leather-goods seller has named Luc Goidadin, formerly chief design officer at Burberry, as creative director, as it seeks to reinvigorate its brand image.
To celebrate the Russian president’s 65th birthday, the British heritage brand is launching a bound-to-be-controversial capsule as part of its ‘Heroes’ collection.
The New Jersey-based start-up is bringing the awesome potential of synthetic biology to the fashion industry, unlocking powerful business, creative and public relations benefits.
Valued at £700 million, Jimmy Choo is an acquisition target that could attract bids from private equity, foreign investors or luxury conglomerates.
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"Kanpur’s leather sector brings in about a billion dollars a year in export earnings... however it is illegal to slaughter a cow."
Italian leather heritage house Il Bisonte has appointed Emma Hill consultant creative director, as part of a wider "commercial and marketing drive" following investment from Palamon Capital Partners.
Revenue climbed to 1.26 billion euros ($1.4 billion), Paris-based Hermès said, beating estimates.
Claus-Dietrich Lahrs, former chief executive officer of Hugo Boss, has joined Kering-owned Italian luxury brand Bottega Veneta. In his new role, Lahrs succeeds Carlo Alberto Beretta, who has been promoted to chief client and marketing officer at Kering.
Claus-Dietrich Lahrs, former chief executive officer of Hugo Boss, has joined Kering-owned Italian luxury brand Bottega Veneta. In his new role, Lahrs succeeds Carlo Alberto Beretta, who has been promoted to chief client and marketing officer at Kering.
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Coach Inc. chief executive officer Victor Luis has a strategy to make the brand more edgy and cool: a cheeky Mickey Mouse sticking out his tongue.
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
As more fashion labels push into the accessories business, luxury titans like Kering, LVMH and Hermès jockey for control of a leather market in flux.
Fashion brands should stop manufacturing leather goods using methods that compromise the quality of their products and damage the environment, argues Mesh Chhibber.
After rallying more than 120 percent last year, Shopify shares have struggled this year after the company had projected higher operating costs than expected for this quarter.
The online fashion specialist said it had built up net debts of £95m in the year to the end of February – down from almost £6m of net cash a year before – after losses widened 76 percent to £160 million.
Levi notified a federal judge in Oakland, California on Tuesday that it was dismissing the case with prejudice, meaning it cannot be brought again. Settlement talks began shortly after Levi sued in January.
Demand for retro shoe styles such as 'terrace' has helped boost sales of sportswear brands like Puma and its rival Adidas at a time when the sector has been hit by weaker consumer demand and excess stocks.
Kenvue beat Wall Street estimates for first-quarter profit on Tuesday, and said it would cut 4% of its global workforce amid the Tylenol and Band-Aid maker’s efforts to expand its key brands.
Vhernier is small but Richemont has a history of turning small brands into success stories
The company has argued that the law will stifle free speech and hurt creators and small business owners who benefit economically from the platform.
‘We have been and will always be open to considering opportunities,’ Lorenzo Bertelli told reporters Tuesday at the opening of a knitwear factory in Torgiano, Italy.