Sears Canada Inc said on Thursday it obtained court protection against creditors to proceed with a restructuring that will include store closures and layoffs as it seeks to recover from years of declining sales.
Just a week after under-pressure womenswear giant Gerry Weber reported falling sales but said its turnaround was on track, it has parted with one of its top execs its share price has fallen as a result.
Talk about a modern nomadic collection. Influences ranged from New Zealand Maori; Hawaii surf and Pacific scuba gear in a sport meets logo-mania collection sure to keep the cash registers humming at Louis Vuitton.
Store numbers on London’s premier shopping thoroughfare Oxford Street have dropped to 228 from 285 since 1993 as global brand demand for giant flagships has seen several smaller units consolidated into larger stores.
“My bad boys are getting more mature, and cleaning up their act,” confessed Haider Ackermann, after presenting a streamlined expression of romantic tailoring inside the Hotel Intercontinental Wednesday night.
Anti-fur protesters stormed on stage with Michael Kors in New York on Wednesday, briefly disrupting a ticketed event at which the US fashion mogul discussed his career, dressing Melania Trump and shutting stores.
At the helm of Y/Project for four years now, Belgian designer Glenn Martens presented on Wednesday his latest men's collection for the Paris-based fashion label, mixing medieval references with 90s accents.