Philip Green’s fashion empire Arcadia Group on Tuesday said it received applications from legal entities of U.S.-based property group Vornado challenging two of its seven planned Company Voluntary Agreements (CVAs).
Miss Selfridge’s loss is Vans’ gain with the US sports shoe brand set to step into the Oxford Street, London, space vacated by the Arcadia label as part of that group’s CVA-linked store closure programme.
According to a survey conducted by Deloitte, clothing and accessories are expected to account for 54% of all back-to-school spending in the U.S. this year, which should total around $27.8 billion, or $519 per student.
Superdry's full-year figures were bad, as expected, but the company said its "reset year" is starting to yield results as its shifts from a buyer-led approach, boosts web sales, increases marketing and reinvents itself.
Sequential Brands has announced that it has given its Caribbean Joe brand a comprehensive refresh, expanding its offering into new categories, including fragrance and kids’ swimwear, with a flurry of new partnerships.
Zadig & Voltaire has called in Kate Moss, not only choosing her as the face of its Fall/Winter 2019-20 campaign, but also preparing a design collaboration, the results of which will be revealed in the next few months.
The Woolmark Prize, historically fashion’s most famous award, has significantly overhauled its advisory board for the 2020 prize, in what will be seen by many as an attempt to generate more traction and attention.