Sandra Stangl Is Exiting Banana Republic
Despite a brief uptick in sales, up 24 percent between 2021 and 2022, the brand’s growth has stalled.
This week, everyone will be talking about LVMH’s post-pandemic outlook at its annual meeting, the start of Ramadan and BoF’s Professional Summit on closing fashion’s sustainability gap.
This week, everyone will be talking about which designers will produce viral looks at the Met Gala, Louis Vuitton's cruise show in New York and modest fashion's Ramadan moment. Read our BoF Professional Cheat Sheet.
On the eve of Ramadan, London outposts of Middle Eastern boutiques are preparing for an influx of shoppers from the region during next month's Eid holiday.
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Despite a brief uptick in sales, up 24 percent between 2021 and 2022, the brand’s growth has stalled.
The move comes as System owner Mike Obenson aims to turn what began as a bi-annual print title into a global media brand with a stronger digital offering.
Former Under Armour COO Colin Browne has been appointed to lead the industry organisation formerly known as the Sustainable Apparel Coalition.
The company also beat Wall Street targets for third-quarter results, hinting at a recovery in demand for beauty and cosmetic products in the US after a long bout of inflation.
The British brand’s share price, which has fallen by almost 60 percent this year, declined by a further 4.5 percent in early trading on Wednesday
Manzanita Capital has selected the investment bank Raymond James to conduct a sale of the premium British beauty retailer, per Sky News.
The British fashion and homewares company said Wednesday that full price sales climbed 5.7 percent in the first quarter, which was slightly ahead of an expected 5 percent rise.
The listing drew orders for multiple times the number of shares available and is contributing to a broad resurgence of European initial public offerings.