The Retail Industry Leaders Association (RILA), whose members include companies such as Walmart and Target, said Friday it has joined a dozen+ trade groups to form a coalition to fight counterfeits on online platforms.
The Council of Fashion Designers of America has named an insider as its new President, promoting CaSandra Diggs to the role. She’s a veteran of the fashion industry and of the CFDA, having joined it in 2001.
Struggling UK fashion retailer New Look has proposed a second major restructuring of its store estate in three years, asking for turnover-based rent deals as part of a package of measures to ensure its survival.
As Marimekko announced a 20% fall in sales, it also said it’s planning to restructure its ops. It blamed the pandemic, saying the “global fashion and specialty retail sector is facing the worst crisis in decades”.
With news of so many store closures, it’s encouraging to hear of a major opening with US shoe and lifestyle brand Skechers having opened a flagship store on a key Paris shopping street, Rue de Rivoli.