Activist investor Barington Capital Group on Monday urged Chico's FAS to explore strategic options for its brands and said the apparel chain's board should add new members to help improve its lagging stock price.re
Salvatore Ferragamo is in negotiations with fragrance group Interparfums, which produces perfumes for brands including Coach and Jimmy Choo, about a licensing deal for the development of its own fragrances.
The fashion retailer achieved net sales of $345.8 million in the first quarter, up 64% from $210.3 million in the same period in the previous year, growth that meant the company was able to significantly cut its loss.
The Vancouver-based athleticwear company reported net revenue of $1.2 billion for the first quarter on Thursday, an 88% increase compared to $652.0 million in the prior-year period, driven by the return of store traffic.
The Ermenegildo Zegna Group’s acquisition campaign continues. The high-end Italian apparel manufacturer and gentlemanly menswear brand has acquired control of Tessitura Ubertino, the top-shelf fabric maker.
JD Sports Fashion is selling Dutch business Sports Unlimited Retail to Iberian Sports Retail Group. But that’s less of a change that it might at first appear given that the Iberian business is also majority owned by JD.
In two years, all the cosmetics products by The Body Shop (owned by the Natura group) will be certified ‘vegan’, in other words not containing any substance of animal origin, by UK association The Vegan Society.
B&M, the discount retailer that sells a wide range of merchandise, including clothing and beauty, has unveiled an 83% leap in its core earrings. The rise came as its stores were able to stay open during lockdowns.