News that ASOS CEO Nick Beighton has stepped down rather put the firm’s results statement in the shade. But there’s no denying the company remains one of the most successful in fashion retail, even if growth is slowing.
Global apparel manufacturer Hanesbrands which owns the iconic Champion and Hanes brands, announced last week a new partnership with The University of Texas at Austin to be one of its primary apparel partners.
The secondhand fashion marketplace has appointed co-founder Tracy Sun to the newly created role of SVP of seller experience as it seeks to enhance its platform with a range of new seller-focused initiatives.
Rémy Baume, who has been at the French label's helm for 18 months, said on October 6 that in four years he plans to reach 60 stores in China, and grow the label's online business from €60 million to €160 million.
The owner of SMCP said on Wednesday it had started legal proceedings against companies serving bondholders it alleged were seeking to take control of the Sandro, Maje and Claudie Pierlot owner at a low price.
Despite renewed discussions about racial equality in fashion, a new report carried out by the Black in Fashion Council and the Human Rights Campaign shows that the industry still leaves much to be desired on this front.