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Otto Group unveils leadership succession plan
Otto Group has announced a succession plan that will see Benjamin Otto succeeding his father Prof. Dr. Michael Otto as head of the group, but not until 2026, with other key changes happening from next year.
Fashion
Superdry in talks on new multimillion pound loan – report
Superdry may be in negotiations about its founder taking it private, but the firm also has major funding needs on an ongoing basis and a report Monday said it's discussing an extra loan of around £10 million with Hilco.
Fashion
Giant trousers haven’t swallowed skinny jeans (yet)
Indeed, look around and you might believe that baggy fits have put the final nail into the coffin of skinny jeans. But retailers and consumers shouldn’t get too comfortable in their big pants.
Fashion
A.K.A. Brands sales, earnings losses narrow on double-digit US sales growth
A.K.A. Brands announced on Thursday net sales decreased just 0.1% to $148.9 million in the fourth quarter, with the U.S. apparel firm clocking double-digit growth in its local market.
Fashion
Matches to go into administration following purchase by Frasers
In 2017 it was sold by its founder for a price rumoured to be £800m. A few months ago Frasers bought it for £52m. And now luxury e-tailer Matches is set for an administration filing that could come as early as Friday
Fashion
Hugo Boss has record 2023, sees more growth ahead despite tough backdrop
Hugo Boss’s results report on Thursday showed just how strong the German high-end fashion giant is, with 2023 being a record year for the business and further improvements predicted for FY24.
Fashion
Avellano: Noah Cyrus steals the show as the blushing latex bride
On the last day of Paris Fashion Week, young French brand Avellano put a modern twist on its signature PVC looks and featured singer/songwriter Noah Cyrus as both the opening model and final bridal look.
Fashion
Two months on, ad watchdog reverses ban on Calvin Klein's FKA twigs image
It’s not often that the UK’s Advertising Standards Authority changes its mind, but it has done just that over its ban in the New Year of a Calvin Klein ad featuring FKA twigs.
Fashion
Vestiaire Collective links with Carine Roitfield as famed editor talks love of vintage
Tuesday sees Vestiaire Collective, one of the world’s largest resale platforms, linking up with some who was an influencer before that term was even coined — Carine Roitfeld.
Fashion
Friday in Paris: Yohji Yamamoto, Victoria Beckham and Vêtements
Cubist cool in City Hall with Yohji Yamamoto; Picasso and PETA at Victoria Beckham; Cher and confusion at Vêtements, in a jam-packed day of shows in Paris Fashion Week on Friday
Fashion
Superdry extends deadline as go-private talks continue
Superdry on Friday said it was extending its deadline regarding a possible offer — led by co-founder and CEO Julian Dunkerton — to be made for the business.
Fashion
Paris Fashion Week: Schiaparelli and Chloé
Paris Fashion Week’s main action on Thursday began and ended with two historic marques, Chloé and Schiaparelli, strutting their stuff with brio, the first with a debut, the second with fresh impetus.
Fashion
SMCP hit by tough finale to 2023 as profits fall, but sales still edged up
SMCP's full-year results Wednesday saw it confirming that sales rose 4% to reach €1.231 billion. But net profits still plummeted and the company is intensifying its efforts to boost its brands and control costs.
Fashion
Kontoor Brands Q4 sales hit by U.S. inventory management, China a bright spot
Kontoor Brands on Wednesday reported a 8% decline in fourth-quarter sales to $670 million, hindered by retailer inventory management actions in the U.S., which offset gains in digital wholesale, China and DTC.
Fashion
Hugo unveils campaign for new Blue line and wider seasonal offer
The previously flagged Hugo Blue collection launches on Wednesday with debut day also seeing the new global main line campaign for summer 2024.
Fashion
Very Group gets £125m funding, says fashion is promotional but premium does well
Online retail giant The Very Group had bad news and good on Tuesday. The company may have reported a loss for the latest half year, but it also announced a £125m investment package from Carlyle and IMI.
Fashion