The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
British online fashion retailer Boohoo Group Plc said on Monday its board had approved appointing PKF Littlejohn as the group’s auditor with immediate effect, replacing PwC which had been in the role for around seven years.
The company had said in October that PwC would not compete to be the new auditor, as Boohoo rejigged its corporate governance apparatus following a report into working conditions at its suppliers.
By Tanishaa Nadkar; editor: Rashmi Aich.
The British musician will collaborate with the Swiss brand on a collection of training apparel, and will serve as the face of their first collection to be released in August.
Designer brands including Gucci and Anya Hindmarch have been left millions of pounds out of pocket and some customers will not get refunds after the online fashion site collapsed owing more than £210m last month.
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
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.