The American fashion group announced on Tuesday that it has entered into an agreement to sell its Intermix womenswear brand to Altamont Capital Partners as it pushes forward with efforts to streamline its portfolio.
The luxury brand confirmed the continuity of its financial strategy at its general meeting on Tuesday and announced changes in the legal status of Émile Hermès SARL in order to welcome new members of the Hermès family.
Under Armour Inc raised its expectations for annual profit and sales on Tuesday, after reporting a 35% jump in revenue as the reopening of economies in the US and Asia fueled demand for its sports shoes and apparel.
Summer holidays may have been off the agenda for the past year, but with more international consumers believing they really will be able to go on holiday in 2021, swimwear trends have come to the fore again.
Fast-growing sports label Castore has expanded its McLaren deal to the car marque's Forumula One team. The brand is adding the important new element to its link-up after the launch of their first collection last year.
The owner of the Men’s Wearhouse and Jos. A. Bank brands has announced the appointments of John Tighe as EVP and chief customer officer, Karla Gray as EVP and chief stores officer, and Tim Cooksey as SVP of real estate.