Apparel giant PVH Corp is selling its Speedo North America business to UK-based Pentland Group, which is the parent company of Speedo International Limited. The British firm is paying $170 million in cash.
Fashion retailer Missguided is diving into the holiday market and while that doesn’t mean it’s directly organising fashion package tours, it has launched Missguided Vacays with comparison and deals website icelolly.com.
John Galliano has renewed his contract as creative director of the house of Maison Margiela, in a vote of confidence in the controversial British designer by the brand's owner, Italian billionaire Renzo Rosso.
The Austrian hosiery company has announced that its CEO Axel Dreher has resigned from his role and will leave the company on 31 October “on the most amicable terms”. Silvia Azzali has been appointed as CCO.
Mark Gifford, a former finance chief at House of Fraser, is believed to be in the running to become the new chairman of Debenhams. His appointment could be announced as soon as this week, according to reports.
Carla Sozzani, noted retailer, gatekeeper to the Azzedine Alaïa archives and all-round fashion legend, has a new project. The Italian lady opened her own Fondazione Sozzani Monday night in an unexpected neighbourhood.