Retail

Tailored Brands IPO: Is tailoring investable again after bankruptcy?

Tailored Brands, Inc. publicly filed its S-1 with the SEC on Monday, asking Wall Street to buy back into a category it wrote off six years ago: the suit. Through its new ticker symbol, “MENW,” the company is betting that tailoring can still capture investors’ attention and is even promising to open 500 new stores over the next 10 years, per the...

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BusinessMember

Lululemon opens one million square foot distribution centre

Canadian activewear brand Lululemon has opened a state-of-the-art, one million-square-foot distribution centre in Brampton, Ontario, Canada, to strengthen its North American e-commerce fulfilment capabilities. The distribution centre, in partnership with Element Logic, features one of the largest AutoStore-enabled facilities in North America,...

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People

La Perla Atelier names Alessio Vannetti as new CEO

Luxury lingerie brand La Perla Atelier has appointed former Gucci and Valentino executive Alessio Vannetti as its new chief executive, as part of the brand’s ongoing relaunch strategy under new owners Kristen and Peter Kern. In a statement, La Perla said that Vannetti will join the company on September 1, while Paolo Vannucchi, who has served as...

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Retail

Aldi enters fashion market with 'Aldi Studio' collection in France

Paris - For decades, retailers built their reputation on price. Tomorrow, they may well build it on their image. As food margins shrink and consumers become more selective with their spending, retailers are looking for new ways to differentiate themselves. One of the most unexpected is through clothing. What was once a simple communication stunt...

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