Initial plans to open 20 Hudson’s Bay department stores in the Netherlands have been narrowed to 15. The retailer announced that it is currently focusing on stores that are in development and denies financial problems.
Marking the biggest sales dip in 11 months, US consumer spending cooled off in the first quarter, following the holiday season's strong showing. Year-over-year data, however, shows a healthy uptick of 5.4 percent.
Cortefiel has reason to celebrate, unveiling its third quarter results this week. The firm reported an increase in total sales, strong e-commerce revenues and an uptick in operating profit, as well as a decline in debt.
The event, which takes place from April 23 to 29, is preparing its most international edition yet. With 300 exhibitors and 25 runway shows, the Lebanese designer joins a line-up headed by Pronovias and Rosa Clará.
These days designers are considered extremely lucky to remain in charge of any house for a decade. Last week, Kris Van Assche wrapped up his 11th year in one of the industry’s most watched labels, Dior Homme.
Tommy Hilfiger, IBM and The Fashion Institute of Technology have teamed up for an Artificial Intelligence pilot project. The project called ‘Reimagine Retail’ will have AI play the lead in the design creation process.
Chen will perform in the 2018 Winter Olympics in South Korea in a costume designed by Vera Wang, joining an elite class of skaters to perform in a Wang-designed costume that includes Nancy Kerrigan and Michelle Kwan.
And they are off. Applications opened Friday for aspiring talent in the LVMH Prize, the most financially beneficial annual award in fashion. Young hopefuls - limited to under 40 years - have until February 4 to apply.