The Florida-based owner of Chico’s, Soma and White House Black Market announced on Wednesday that it will be launching TellTale, a new digital-first millennial-focused intimates brand, at the end of this month.
Hudson’s Bay on Wednesday reported a quarterly profit that topped estimates, as sales at its Saks Fifth Avenue stores rose during the holiday season and the Canadian company benefited from an increase in online sales.
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.
According to a study by McKinsey & Co. for the Italian Fashion Chamber, presented on Tuesday in Milan, sustainability has an increasingly decisive influence on buyers’ choices, from retailers to end consumers.
One brand quietly winning a legion of fans since coming to show in Paris two years ago is Silvia Tcherassi. A highly sophisticated Colombian, Tcherassi was previously named Chevalier des Arts et des Lettres.