Zara owner Inditex demanded more transparency from a certifier that vets some of the cotton used by the Spanish fashion giant following an investigation that found …
Owner
Calvin Klein Owner PVH Tumbles 20% on Warning of Europe Weakness
PVH Corp. shares plunged 20 percent in late trading after the company gave full-year sales guidance that fell short of expectations. The clothier, which owns …
UK’s Ted Baker Plans to Call in Administrators, Owner ABG Says
British fashion retailer Ted Baker plans to appoint administrators, a spokesperson for owner Authentic Brands Group confirmed on Tuesday, more than a year after it …
Investors Push Zara Owner Inditex to Publish Full Supply Chain
Investors want Zara owner Inditex to follow rivals H&M and Primark in making its full list of suppliers public so they can better assess any …
EU Regulators to Decide on Tapestry Deal for Michael Kors Owner by Mid-April
EU antitrust regulators will decide by April 15 whether to clear Coach parent Tapestry’s $8.5 billion acquisition of Michael Kors owner Capri Holdings, according to …
Shein UK Breaches Company Law by Failing to Disclose Human Owner
The UK business of the fast-fashion company Shein has failed to disclose its ultimate ownership, a breach of company law that could disrupt the firm’s reported …
A Letter to Farfetchâs New Owner
In October, before Farfetch announced that it would not be reporting its third quarter earnings for 2023 as planned; before Farfetch was sold in a …
Engaged Capital Gains Support of VF Heirs to Shake Up North Face Owner
Activist investor Engaged Capital has the backing of the founding family of VF Corp in its push for board seats and faster change at the …
Vans Owner VF Corp Misses Quarterly Profit Expectations
VF Corp reported third-quarter profit below expectations and said its CFO Matt Puckett will be stepping down later this year, sending the Vans sneaker maker’s …
Laura Mercier, Bare Minerals Owner Orveon Names New CEO
Two-year-old Orveon has appointed Neela Montgomery as the company’s second chief executive officer; Pascal Houdayer, its founding CEO departed in Nov. 2023. Orveon was created by …
Arc’teryx and Salomon Owner Amer Sports Files for US IPO
Amer Sports on Thursday revealed a 30 percent revenue surge for the first nine months of 2023 in its filing to go public in the …
Boots Owner in Talks to Offload £7 Billion UK Pharmacy Chain
Walgreens Boots Alliance Inc. is reviving discussions on a potential exit from its UK drugstore chain Boots, people with knowledge of the matter said, nearly …
Vans Owner VF Corp Lays Off 500 Employees in Restructuring Push
Vans owner VF Corp said on Thursday it has laid off about 500 employees as it aims to restructure its business and improve operations globally. …
Cartier Owner Richemont Won’t Inject Cash Into Farfetch
Farfetch founder Jose Neves is considering the move after a troubled New York Stock Exchange listing for the loss-making British company, and is working with …
Saks Owner Raises $340 Million After Retailer Didn’t Pay Vendors For Months, Sources Say
NEW YORK – Saks Fifth Avenue owner Hudson’s Bay Company has raised $340 million to help fund its retail operations. The group announced the fresh …
Bustle Owner BDG’s Plan to Survive the Online Ad Slump: Pivot to Luxury
In building its future, Nylon is looking to the past. Next year, the indie culture bible, will make its return to print, over seven years …
Primark Owner Sees Bigger Fashion Profit as Inflation Fades
Associated British Foods Plc said profit will rise at Primark as lower raw material and freight costs boost the performance of the low-cost fashion chain. …
Birkenstock Owner Plans September IPO at $8 Billion Value
L Catterton is set to launch an initial public offering of Birkenstock as soon as September that may value the iconic footwear maker at more …
Zara Owner Inditex Says It Will Stop Buying Clothes From Myanmar
Zara owner Inditex is in the process of stopping purchases from Myanmar, the company told Reuters on Thursday, as a result of a campaign by …
L’Occitane Owner Said to Mull Buyout of $4 Billion Beauty Firm
L’Occitane International SA’s controlling shareholder is considering a move to take the skin-care company private, people with knowledge of the matter said. Billionaire Chairman Reinold …