Failed upscale menswear retailer Pink Shirtmaker is set to make a return. The LVMH-owned brand, which went on the block before Christmas, has been bought by Nick Preston, a former JD Sports Fashion trading director.
Upscale menswear retailer Pink Shirtmaker is up for sale, according to reports, although owner LVMH has yet to officially confirm the move for what is one of the luxury goods group's smallest enterprises.
The heritage shirtmaker, which traces its roots back to 1984, has unveiled a new brand identity and name as part of a major overhaul designed to ensure it remains relevant in the ever-changing retail landscape.
LK Bennett surprised the retail sector when it named Darren Topp, ex-boss of failed BHS, as its CEO, but now it seems that Topp is leaving and Erica Vilkauls, who recently ran the failed East chain, is on board.
Good Christmas trading is no guarantee of survival in the UK fashion retail market. Womenswear chain East filed for administration Monday less than a month after reporting a festive sales uplift and rising e-sales.
And they are off. Applications opened Friday for aspiring talent in the LVMH Prize, the most financially beneficial annual award in fashion. Young hopefuls - limited to under 40 years - have until February 4 to apply.
Thomas Pink is looking forward to a brand "renaissance” after saying the former creative director of Dunhill is joining the high-end shirts and accessories brand. John Ray has also been menswear creative chief at Gucci.
Across 53 venues and three days, 'Les Journées Particulières' saw 145,000 visitors take part in its third edition. The event, helmed by LVMH Group, showcases the savoir-faire of the group's maisons to the public.