Belgian lingerie group Van de Velde, which was banking on modest growth in 2018, has revised its outlook down, and is now expecting sales to be stable at best, if not in decline over the course of the year.
OTB, the holding company of Italian fashion billionaire Renzo Rosso, quadrupled its Earnings Before Interest and Tax (EBIT) to €21.5 million in 2017. Though total group revenue slid 2.4 percent over the same 12 months.
The Columbus, Ohio-based fashion group, owner of Victoria’s Secret, PINK and Bath & Body Works, released its March 2018 sales data on Thursday, reporting mid-single-digit increases in both net sales and comps.
After months of anticipation in the South American country, the Daher group is making the final preparations for the opening of the first Calvin Klein store in Bolivia, slated to happen before the middle of the year.
There's been big change in the way lingerie is marketed in the 130 years since Triumph was launched and its newest campaign is embracing this change with a focus on empowerment and sisterhood rather than product.
M&S said on Monday it was shaking-up its clothing & home leadership team, with Queralt Ferrer, its womenswear & lingerie design director, and Belinda Earl, its style director, both stepping down from their roles.