German sportswear maker Adidas AG said on Monday it is considering strategic options, including a potential sale, for Reebok, 15 years after it bought the U.S.-focused brand to take on archrival Nike on its home turf.
The American lifestyle group has announced the opening of Orefici11, a multibrand concept store, where the company's Timberland, The North Face and Napapijri brands have been brought together for the first time.
Timo Schmidt-Eisenhart, who has served at VF Corp brand's including The North Face, Timberland and Napapijri, will take over as leader of Switzerland's Calida Group in early 2021, succeeding Reiner Pichler.
Italian fashion house Moschino is to launch a brand-new fashion and accessories collection with the seminal skateboard brand Palace, in the latest link-up between the worlds of runway fashion and street style.
An in-depth look at how Covid-19 has amplified the importance of financial resources for the fashion and luxury sector, amidst share buybacks, green bonds, state funding, recapitalisations and calls to investors.
Colorado-based apparel and footwear group VF Corporation announced on Monday that it will acquire NYC streetwear brand Supreme for $2.1 billion. The company plans to achieve $1 billion in sales with the label by 2024.
As the world continues to deal with the mega-shock that the pandemic has delivered the fashion sector continues to deliver surprises too with the latest on Thursday being a report that Adidas is planning to sell Reebok.