Missguided said Thursday that it has “once again achieved spectacular growth” with revenues increasing 75% to £206m. And international sales grew even more, up over 130% and accounting for over 40% of the total.
The backer behind the new Alexa Chung fashion business has been revealed as Peter Dubens, the co-founder and managing partner of Oakley Capital Private Equity who has also invested in Bella Freud's label.
Italian eyewear group Luxottica reported on Monday a 0.8 percent rise in 2016 adjusted sales helped by its fast-expanding retail network. Reorganisation efforts in the U.S. and Chinese markets hit its wholesale business.
Allega joins Under Armour after last week stepping down from his role as Head of Investor Relations and Strategic Accounts at VF Corporation. He will operate out of Under Armour's Baltimore headquarters.