German sportswear firm Puma has seen such strong demand for products promoted by celebrities like model Cara Delevingne and Canadian rapper The Weeknd that its supply chain is racing to keep up, its CEO said on Tuesday.
In an interview with the Financial Times published on Monday, Adidas CEO Kasper Rorsted nixed any talk of future US or European manufacturing for Adidas, citing costs and realities of the labor market.
In a surprise move Monday Jimmy Choo said that it is up for sale, but then it emerged that its controlling shareholder wants to sell its stakes in Bally and Belstaff too in one of the biggest luxury sales in years.
A British beauty start-up founded by a former glossy magazine editor has secured £3.5 million in funding from Unilever’s venture capital operation and has plans to expand to further UK cities as well as abroad.
The CEO of Cath Kidston has become the latest industry executive to call for a liberal, open Brexit deal to be negotiated while also saying that the company has seen higher UK sales since the Brexit vote.