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Business

Canadian retailer Comark Holdings to restructure as virus crisis weighs

Canadian retailer Comark Holdings to restructure as virus crisis weighs

Comark Holdings Inc said on Wednesday it would restructure under the Companies’ Creditors Arrangement Act (CCAA) as the fallout from the COVID-19 pandemic hit the Canadian apparel retailer’s business.
Fashion
Business
Adidas says China sales back to growth faster than expected

Adidas says China sales back to growth faster than expected

Adidas said on Thursday that sales had returned to growth in greater China faster than it had expected after the coronavirus lockdown, while the reopening of business in Europe and the Americas was going more gradually.
Fashion
Business

Amazon in talks to buy $2 billion stake in Indian telco Bharti Airtel - sources

Amazon.com is in early-stage talks to buy a stake worth at least $2 bn in Indian mobile operator Bharti Airtel , three sources said, underscoring the growing attraction of India's digital economy for U.S. tech giants.
Fashion
Business

Ebay raises current-quarter sales, profit forecast on higher demand

Ebay Inc raised current-quarter revenue and profit forecast on Thursday, as people stuck at home due to the COVID-19 pandemic ordered more from the e-commerce platform, sending its shares up 10%.
Fashion
Business

Design

Prince Dimitri of Yugoslavia to launch memoirs in New York this September

Prince Dimitri of Yugoslavia to launch memoirs in New York this September

NYC's prince of jewelry, HRH Prince Dimitri of Yugoslavia, will release Once Upon a Diamond: A Family Tradition of Royal Jewels, a book of memoirs on his family's collections and his own designs, in September. 
Luxury
Design
A world redrawn: The rich must 'share' says Agnes b

A world redrawn: The rich must 'share' says Agnes b

Agnes b. called in an interview for the rich to "share" and insisted we must not forget the urgency of looking out for the environment.
Fashion
Design

Hyères Fashion Festival to be held on October 15-19

The event, previously postponed due to the Covid-19 crisis, will be held on October 15-19 under the aegis of jury presidents Jonathan Anderson, Paolo Roversi and Hubert Barrère, featuring a new prize sponsored by Hermès.
Fashion
Design

A Common Thread names Bode, Rodarte, Brother Vellies and Rachel Comey among first round of grant recipients

The CFDA and Vogue's Covid-19 relief fund announced that $2.13 million will be distributed to 44 businesses in the fund's first round.
Luxury
Design

Appointments

LVMH propels Arnault scion to head up Tag Heuer watches

LVMH propels Arnault scion to head up Tag Heuer watches

LVMH on Thursday said that Frédéric Arnault, one of the younger sons of the luxury goods group's billionaire boss, would take over running watch brand Tag Heuer.
Luxury
Appointments
Kylie Cosmetics CEO makes quick exit

Kylie Cosmetics CEO makes quick exit

Coty has announced that Kylie Cosmetics chief executive officer Christoph Honnefelder has left the brand, after only being appointed to the leadership role in January of this year. 
Beauty
Appointments

Daniel Grieder steps down as CEO Tommy Hilfiger Global and PVH Europe

US fashion group PVH Corp. has announced the departure of its head of Europe and of Tommy Hilfiger’s global business. After 23 years with the group, Grieder will be replaced by current PVH Corp. COO Martijn Hagman.
Fashion
Appointments

Rebekka Bay becomes Marimekko creative director

Marimekko has named former Gap creative chief Rebekka Bay as its new Creative Director, starting in September.
Fashion
Appointments

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