The Japanese cosmetics group has put a partial end to its beauty licence agreement with Dolce & Gabbana, a decision taken as Shiseido, struggling as a result of the Covid-19 crisis, intends to focus on skincare.
The apparel manufacturer reported net sales of $459.7 million for the fourth quarter ended December 31, 2020, on Wednesday, a year-over-year decrease of 9% that also led the company’s bottom line to slip.
The second year of the shopping networks’ The Big Find international product search will see the launch of 90 emerging brands on the channels, more than two thirds of which are women or minority-owned businesses.
The Milan Fashion Week ended on a note both optimistic and a tad zany, the collections by Dima Leu, Magliano, A-Cold-Wall*, JieDa and Les Hommes swinging between chic minimalism and cheerful creativity.
Delta Galil has signed a deal to acquire intimates online retailer Bare Necessities. No terms were disclosed but it said the transaction is expected to close in the next few weeks and be accretive to earnings next year.
In a further indication of how popular ‘Buy Now, Pay Later’ services have become in the UK, e-commerce payments firm Clearpay has revealed that more than a million UK shoppers used its service in its first year.
The menswear collections for next winter presented in London, Florence, Milan and Paris highlighted 10 main trends, notably showcasing an increasingly liberated, hybrid kind of man, his feminine side clearly displayed.
Just a week after it announced its new Clothing & Home chief, retail giant M&S has made another lynchpin hire with the creative director of Arcadia Group Retail, Anthony Cassidy, becoming head of brand creative.