The Canadian sportswear brand plans to quadruple international sales by 2024, a goal that Gareth Pope, Lululemon's EMEA boss, is taking on board for the region he oversees, adopting a methodically patient approach.
The Hamburg-based brand has named Viktoria Simeoni as new Division Head, Casual Women & Mine to Five. She joins from rival Gerry Weber, where she was responsible for the now-discontinued Talkabout sub-brand.
“For me, influencers are a game changer,” says Maria Giulia Prezioso Maramotti of Max Mara, underlining the Italian house’s committed effort to connect with a younger generation of consumers worldwide.
After doubling the size of the Turin branch, the department store chain is making over the interiors of the Florence one, and renovating its second branch in Rome, as the group posted a 21% sales rise in 2018.
Following its recent acquisition of an increased stake in Tom Tailor, the Chinese firm has presented a takeover bid for the struggling German apparel company, making an offer below the group's current market value.
Premium outlet chain Saks Off 5th is reportedly set to leave the German market just two years after its launch. All eight stores, which sell premium fashion at discounted prices, are due to close in the summer.