Luxury watchmakers need to be more conscious of value for money as they seek to reinvigorate demand for the sector, according to Hublot’s new chief …
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Plans
Africa’s Top Clothing Retailer Pepkor Rallies as It Plans Growth Push
Pepkor Holdings Ltd. climbed to the highest in three years as Africa’s largest clothing retailer declared a dividend that beat analysts’ estimates and the group …
LVMH’s Antoine Arnault Reveals Plans for Paris Football Club
Antoine Arnault, the scion of the LVMH luxury empire led by his father, plans to turn second-tier football club Paris FC into a rival for …
Starmer Plans to Leave Scrutiny of Shein IPO to UK Regulator
The UK government plans to leave scrutiny of Shein’s pursuit of a stock listing in London to the country’s financial regulator, sparing the Chinese fast-fashion …
Inside Department Stores’ Plans to Bring Beauty Customers Back
It was a bit like seeing an old friend who was also clearly a zombie — a mix of familiarity, affection and horror — when …
Amazon Sets Ultra-Low Pricing Plans for Temu Rival Store, The Information Reports
Amazon is imposing severe price caps on what merchants can charge for their products on a new low-cost storefront that the e-commerce giant is preparing …
Walgreens Plans to Shutter 14% of US Stores Over Three Years
Walgreens Boots Alliance Inc plans to close 14 percent of its US stores to cut costs as consumers pull back spending. The drugstore chain said …
Shein Plans Investor Meetings Ahead of London IPO
Online fashion retailer Shein is preparing to start early, informal meetings with investors to gauge interest ahead of a potential initial public offering in London, …
Macy’s Plans 60 New Bluemercury Stores in 2019
CINCINNATI, United States — Macy’s Inc., pleased so far with the performance of Bluemercury, is pushing for more. The cosmetics brand, acquired by Macy’s for …
THG Plans to Demerge Tech Arm, Focus on Beauty and Nutrition in Push for FTSE Inclusion
THG Plc plans to demerge its technology platform and switch the listing of its core beauty and nutrition business in an attempt to boost the …
Worldview: Seoul Fashion Week’s New Boss Reveals Future Plans
🇰🇷 Seoul Fashion Week’s new boss recommits to B2B strategy. Held from Sep. 3 to 7 in the South Korean capital, the latest edition of …
Tamara Rojo’s plans for the SF Ballet
One of ballet’s most decorated dancers and artistic directors reveals her plans for the world’s oldest company Photography by FRANCOIS DISCHINGERWords by DAVID NASH …
Amazon Plans Discount Web Store in Effort to Counter Temu, Shein
Amazon plans to launch an online storefront for low-priced apparel and home goods, the company’s biggest move to date to counter the rise of discount …
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 …
Modes Hires Simon Whitehouse, Plans London Store
Italian retailer Modes has appointed Simon Whitehouse chief executive. Whitehouse, who previously led communications firm Reference Studios and JW Anderson, will take the reins from …
Mmgnet Group’s Plans to Connect and Empower the Fashion Industry
Informa Markets Fashion, now Mmgnet Group, is launching a new parent company to deliver the company’s strategic shift into a year-round fashion market insights resource, …
Todâs CEO Says There Are No Plans to Sell the Company
The founder and CEO of Italian luxury group Todâs, Diego Della Valle, said on Friday his family has no plans to sell the company after …
Hermès Plans 8% Price Hike as Annual Sales Top $14 Billion
PARIS — Hermès reported another year of chart-topping growth, with annual sales rising 21 percent to €13.4 billion ($14.4 billion). Fourth-quarter sales rose 18 percent, beating …
Estée Lauder Slashes Annual Profit Forecast and Plans to Cut 3-5% of Jobs
MAC lipstick maker Estée Lauder slashed its annual profit forecast on Monday and announced a restructuring programme aimed at cutting about 3 percent to 5 …
Adidas Plans More Yeezy Sales After €1 Billion Currency Hit
Adidas AG said its profit this year will be hit by unfavourable currency movements, but it plans to mitigate some of the damage by continuing …