Heartland, the holding company of fashion retail giant Bestseller is continuing its strategy of boosting its interests in businesses with growth potential and said Wednesday that it’s investing in Ivy & Oak.
Donald Trump’s daughter Ivanka announced on Tuesday that she is shutting down her fashion label, with sources citing frustration related to the restrictions she placed on the company to avoid conflict of interest.
Kin continued to drive John Lewis womenswear sales up in the last seven days as the firm's own label proved a popular pick for customers and underlined the wisdom of its new strategy that is very focused on own-brands.
Hammerson announced it is trimming its exposure to department stores and high street fashion retailers in a strategy update unveiled on Tuesday, as pre-tax profits plunged by 80% in the first half of the year.
Fast Retailing has taken a minority interest in Lemaire, the brand established by Christophe Lemaire and Sarah-Linh Tran, and is deepening the Uniqlo link with the man who is artistic director at its Paris R&D Centre.
Nike Inc said on Monday it would raise wages for about 7,500 employees, two months after the sportswear maker concluded a probe into workplace behaviour that resulted in the departure of a number of top executives.