Designer Thakoon Panichgul has announced his eponymous label will be on pause as it undergoes a brand restructuring. This news comes just a few months after Thakoon switched over to the see-now-buy-now schedule.
Starboard Value LP, the activist hedge fund that had pressured Macy's Inc to separate its real estate from its retail business, has sold its stake in the U.S. department store operator, sources said on Wednesday.
Parisian trade shows seem to be recovering from the attendance downturn they suffered after the 2015 terrorist attacks. Shows held in March boasted a healthy rise in visitors, thanks in part to more Japanese buyers.
The owner of the Danish apparel group has increased his stake in Asos to 29% according to regulatory filings Tuesday, taking its investment to just below the 30% mark that would trigger a mandatory bid for the company.