Fashion brands need to put their foot down and take action to prevent “a race to the bottom” in terms of discounts that threaten whole fashion retail eco-system, Farfetch CEO José Neves told FashionNetwork.com.
Kurt Geiger has reported strong results in its latest financial year but analysts are concerned that the problems at UK and US mid-market department stores will make life tougher for the footwear retailer.
Pablo Isla has topped Harvard Business Review’s list of the best-performing CEOs in the world for the second year in a row. LVMH's Bernard Arnault came in third, followed by François-Henri Pinault of Kering.
As it aims to fill 24,000 roles for the holiday season, the department store chain hosted a company-wide hiring day on Friday, with events at all of its Nordstrom and Nordstrom Rack locations across the US and Canada.