Orders from overseas customers are drying up, with some predicting the best they can aim for is flat demand versus last year, according to more than a dozen export managers interviewed by Bloomberg News.
In a ratcheting up of the battle between the luxury group and activist investor Bluebell Capital Partners Ltd., which proposed the appointment, Richemont said Trapani is an “inappropriate candidate” and his election is not in the interest of the company.
After nearly 40 years, designer Eileen Fisher is handing over the reins to Patagonia’s former chief product officer, Lisa Wiliams.
Activewear brand Outdoor Voices Inc. is exploring options including a potential sale, according to people with knowledge of the matter.
The Milanese brand is working with Goldman Sachs on preliminary preparations for a potential offering, sources told Bloomberg.
Grosso, who previously served as content officer, social and digital at L’Officiel, will move into the top editor post effective immediately.
Canada Goose Holdings Inc on Thursday surpassed Wall Street targets for quarterly results after affluent consumers undeterred by decades-high inflation snapped up its luxury parkas and jackets.
The Florentine shoemaker has teamed up with the fashion platform to boost its digital capabilities as part of a broader turnaround plan spearheaded by new CEO Marco Gobbetti.