Articles by Rachel Douglass
Item of the week: the figure-hugging maxi
loading... - Fashion
What it is: The dress silhouette of the year has to be the figure-hugging maxi, so called for its ability to wrap around the body in a flattering way. The dress itself is often elasticated, giving it the ability to take the shape of the figure it sits on, and reaches down to the ankles, either then flaring out or remaining skin tight. Other...
China, influencers and collaborations: The drivers of the sportswear market
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Launchmetrics, the data analyst specialising in fashion, luxury and beauty brands, has looked at the sportswear phenomenon for the first time, which has been a driving force in fashion and lifestyle for years. The report, Sportswear Insights by Launchmetrics, examines key trends, influential voices and successful brand strategies in an attempt...
Matalan appoints Ben Smith to new chief trading officer role
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Matalan has announced that Ben Smith will be taking on the newly created role of chief trading officer with immediate effect, as part of its ongoing transformation programme. According to Retail Week, which reported the news, Smith will report directly to chief executive Jo Whitfield, who said in a statement to the publication: “Ben’s extensive...
Andam Fashion Awards unveils 12 finalists for 2023 edition
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The 12 finalists of the Andam Fashion Awards have been unveiled ahead of the final presentation in front of a judges panel set for June 29. Six nominees have been selected for the Andam Grand Prize of 300,000 euros and a special prize of 100,000 euros, including Andreādamo, Duran Lantink, Ester Manas, Gauchere, Gmbh and LGN Louis-Gabriel Nouchi....
Guess believed to have reacquired share of Russian business
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In what has been deemed as an unusual move, American fashion label Guess has reportedly reacquired its stake from its Russian partner. The retailer is believed to have bought back its 30 percent share from local partner Vyacheslav Skikulov for eight million euros, according to Russian news outlet Kommersant. The publication also said Guess had...
Walgreens Boots Alliance reportedly cutting 10 percent of corporate jobs
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Pharmaceutical group Walgreens Boots Alliance (WBA) has reportedly said that it would be cutting 10 percent of its corporate jobs as it looks to streamline operations. The company said that it would be eliminating 504 roles, many of which are believed to be based at the Deerfield and Chicago offices. In a statement to Reuters, the company noted...
New Look reportedly seeking 100 million dollar refinancing deal
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High street fashion retailer New Look is believed to be in talks with lenders over a possible 100 million dollar refinancing of its debt, which matures in June 2024. The company is understood to be working with advisers Deloitte on securing the long-term loan just two years after its most recent restructuring. According to sources for Sky News,...
UPS and IMG team up on grants supporting HBCU students
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Shipping service UPS and IMG have teamed up to launch a new partnership designed to support students looking to produce a fashion show during New York Fashion Week (NYFW). Dubbed NYFW: The Shows Small Business Grant Supported by UPS, the initiative aims to particularly provide funding to three designers from historically black colleges and...
Pronovias names Marc Calabia Gibert CEO
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Spanish bridalwear brand Pronovias has announced the appointment of Marc Calabia Gibert as chief executive officer, effective from September 1. Gibert’s appointment comes as the company revealed that its current CEO, Amandine Ohayon, had “decided to start a new professional cycle”. In the meantime, Clement Kwan, who has been a Pronovias adviser...
H&M Foundation donates 250,000 dollars in wake of Cyclone Mocha
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H&M Foundation, the philanthropic arm of H&M Group, has announced it is to donate 250,000 dollars to the Red Cross/Red Crescent to support their efforts in responding to Cyclone Mocha. The cyclone, considered the strongest in the last 10 years, descended along the Bangladesh-Myanmar border on May 14, bringing significant damage to both countries...