Asos Plc suffered a double-digit decline in sales in the first half as the fashion retailer was forced to heavily discount clothes to clear a buildup of last season’s unsold stock.
The sisters have earned critical acclaim for their intricate, costume-like collections, inspired by the art world and their California base.
Valentino has scrapped its June runway shows for menswear and haute couture following last week’s announcement that creative director Pierpaolo Piccioli is exiting the brand.
Last week was a potential watershed moment for the long-dormant IPO market, as a pair of technology darlings — Reddit Inc. and Astera Labs Inc. — and Swiss skin-care company Galderma Group AG went public with a rush of investor demand that sent their stock prices soaring. To investors hoping for a revival of equity debuts, this was exactly what they wanted to see.
Brands with collections that contain virgin fur, wild animal skins or feathers will not be able to show in the Danish capital from next year.
Shares of the Vancouver, Canada-based company fell 9 percent in extended trading.
The DFB said on Thursday Nike would supply all national teams from 2027 to 2034, having made the best financial offer.
LVMH’s group managing director Toni Belloni will step down, the company said on Thursday, with Stephane Bianchi taking over his operational functions, in a rare top management reshuffle at the world’s biggest luxury group.
German perfume retailer Douglas AG slumped as much as 11 percent as it began trading in Frankfurt after raising €850 million ($929 million) in the country’s largest listing this year.