J. Crew Group Inc has hired investment banks to prepare for an initial public offering of its Madewell apparel business, as the U.S. clothing chain seeks ways to revive its fortunes, sources said on Thursday.
U.S. e-marketplace StockX recently raised $110 million in capital. FashionNetwork.com met in Paris with its co-founder and CEO, Josh Luber, who explained the site’s ‘stock market of things’ concept and future projects.
As Arcadia looks at store closures in its key UK market, the company is also planning to close a raft of stores abroad, setting the seal on the failure of its once-ambitious global expansion plan, according to reports.
The much-anticipated Burberry-Vivienne Westwood collab has just launched and the British luxury giant has unveiled a supporting campaign with Kate Moss, Westwood and Andreas Kronthaler all starring in the images.
The General Assembly of the Fédération de la Haute Couture et de la Mode (FHCM) – French fashion’s governing body – on Thursday re-elected Ralph Toledano as President of the Federation for an extended four-year term.