Celine Adds To Fragrance Line-Up
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Boosted by its recent growth and a minority investment from Renzo Rosso’s OTB, Mike Amiri’s namesake luxury label is scaling on his own terms.
With a new CEO and strategic plan, the original ‘designer denim’ label is serious about making a comeback. But can it modernise its approach while staying true to its history?
The IPO could garner a substantial valuation and help pay down a meaningful portion of J. Crew Group Inc.'s over $1.7 billion debt.
Thanks to growing demand for its jeans and body-positive lingerie line Aerie, the denim maker has beaten same-store sales estimates.
ADVERTISEMENT
While most teen retailers have struggled to appeal to the newest crop of young shoppers, the denim maker has remained a firm favourite among the demographic.
The Italian fashion group that owns Diesel, Marni and Maison Margiela took a minority stake in the Los Angeles-based brand founded by Mike Amiri.
3x1 Denim and Nike are releasing three limited-edition selvedge denim shoe styles, putting the type of fabric on the Air Force 1 for the first time ever, after 1,500 iterations.
Kontoor Brands Inc, whose Lee line is already the biggest denim brand in China, plans to bring its other big American jeans name to the world’s largest consumer market within a year.
ADVERTISEMENT
This week, everyone will be talking about Chanel's resort show in Paris, how Adidas plans to extend the Yeezy craze and the latest denim spinoff. Read our BoF Professional Cheat Sheet.
Fresh off its $623 million IPO, the denim brand is already facing calls for change from one shareholder.
The 165-year-old company's return to the public market comes at a time when stocks are near all-time highs and the popularity of denim is surging.
While sister line J.Crew and rival retailer Gap shuttered dozens of locations, the millennial-centric apparel brand opened four new stores this year.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
The administrators said the retailer’s 541 known unsecured creditors are owed at least £35.6 ($44.2 million) but are unlikely to collectively receive more than £800,000 ($996,000), or “less than a penny in the pound.”
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.