Logistics issues may have been a problem for H&M in the US, France, Italy and Belgium in Q3 but the quarter was mainly about good news as online surged, AI and analytics tech delivered, and sales recovered.
The beauty company has announced a new long-term strategy to “Open Up Avon”, focusing on positioning the company to capture strategic opportunities, rebooting its sales model and developing its digital capabilities.
Eyewear company Marcolin Group and TBL Licensing LLC are entering into an early renewal of their licensing agreement for the design, production and worldwide distribution of Timberland optical frames and sunglasses.
Former Balmain CEO Emmanuel Diemoz, who was supposed to table a rescue plan for Carven, has thrown in the towel, FashionNetwork.com has learned. There are just a few days left for any potential buyers to make a move.
The BFC launched the organisation’s China Partnerships Strategy in Shanghai this week with Ambassadorial President David Beckham and a number of BFC luminaries on hand to guarantee maximum publicity for the initiative.
Fashion house Versace did not receive any offers from Italian investors before selling to Michael Kors but the deal with the U.S. fashion group will create jobs in Italy, said creative director Donatella Versace.