The global intimates group provided an update on its ongoing transformation into a pure-play e-commerce platform on Monday, revealing progress on its balance sheet and announcing the appointment of a new board member.
There may be a consensus that stuck-at-home consumers will be buying sweatpants and other comfort clothing for the foreseeable future, but a new Moda Operandi trend report suggests the future for fashion is brighter.
Almost three months after announcing a new strategic direction, the Sydney-based intimates and swimwear company has revealed that it is considering the strategic divestment of one or more of its brands.
The world is changing and fashion and beauty need to change too - and fast - speakers at the Decoded Future summit in London said. Sustainable packaging, rental, resale and Gen Z mean the old rules no longer apply.
Following a global strategic review, the intimates and swimwear group announced on Wednesday that it has appointed Anna Johnson, the former EGM of its Bendon subsidiary, as its CEO and also revealed a new growth plan.