British Formula One champion Lewis Hamilton has been unveiled as the new face of all Tommy Hilfiger's menswear labels, further deepening the brand's ties to motor racing following the launch of its Mercedes deal.
Britain's 3rd-biggest company will scrap its London headquarters and make Rotterdam its legal home, in a blow to Theresa May's government ahead of Brexit. The move may also impact its continued inclusion in the FTSE 100.
Acne is reportedly up for sale and Carven on the look out for new investors. Add to this the recent announcement of Piquadro's potential acquisition of Lancel, and the fashion and luxury sector looks set for a shake-up.
The Pennsylvania-based sports retailer has announced high single-digit sales growth in Q4 and the full year 2017, leading to improved earnings as the company extends both its digital penetration and store network.
The Italian leather goods brand closed the 2017 financial year with a robust revenue increase, reaching €499 million, with EBITDA up 34.1%. New store openings in the USA and Europe are planned in early 2018.