The Council of Fashion Designers of America and the charitable foundation run by crystal maker Swarovski have partnered up to launch a $30,000 annual scholarship for fashion students innovating with sustainable systems.
Deckers has named William L. McComb, former CEO of Liz Claiborne, Inc., to its Board of Directors, hoping to tap his experience leading e-commerce and omni-channel initiatives, and turning retail brands around.
French investor Eurazeo, which has major holdings in Moncler and Desigual, wants more fashion investments after launching Eurazeo Brands, to expand into "European and US brands with international growth potential."
Juicy Couture is to exit its retail stores in the UK market, according to reports. The brand may still be a big name in Britain but owner Authentic Brands sees its future in online sales rather than its own stores.
Smith joins Abercrombie from Caleres where he served most recently served as Chief Marketing Officer. In this new role, he will report to Fran Horowitz, Abercrombie President and Chief Merchandising Officer.
American Apparel LLC, the U.S. teen clothing retailer known for its sexually suggestive advertising, has hired investment bank Houlihan Lokey Inc to explore a sale, people familiar with the matter said on Wednesday.