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.
Mining company Anglo American is considering offloading its storied diamond unit. It won’t be an easy sell.
The designer has always been an arch perfectionist, a quality that has been central to his success but which clashes with the demands on creative directors today, writes Imran Amed.
Consumers face less, not more, choice if handbag brands can't scale up to compete with LVMH, argues Andrea Felsted.
As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.
As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.
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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.