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.
The department store operator published its 2019 “Sharing Our Progress” report on corporate responsibility on Monday, announcing a range of new goals for 2025, focused on sustainability, human rights and philanthropy.
The owner of Tommy Hilfiger and Calvin Klein has revealed that it is closing its heritage brands retail business as part of efforts to streamline its operations in North America in the wake of the Covid-19 pandemic.
The owner of Calvin Klein and Tommy Hilfiger has released its annual corporate responsibility report, emphasizing transparency and disclosure, and detailing the its progress with its sustainability and diversity goals.
Fashion brands and retailers re-opening around the world to patchy demand, and carrying unsold stock from spring have cut fall orders by as much as two-thirds in moves spelling more pain for Asian suppliers.
Hugo Boss has named PVH's Oliver Timm as its new Chief Sales Officer (CSO) as of January 1 next year. He’ll have global responsibility for the firm's own retail operations as well as its wholesale and e-tail businesses.