HanesBrands has announced that Joe Cavaliere has been named to the newly created role of group president, global innerwear, effective February 8, 2021. The company said that Howard Upchurch, group president, innerwear Americas, has announced his retirement after 34 years with the company. “I am pleased […]

British fashion brand Apricot has reportedly switched the majority of its UK stores to a turnover-based rent model following the approval of its company voluntary arrangement (CVA). The move will affect 13 of Apricot’s 14 standalone stores, Drapers reports. The closure of the brand’s store or concessions […]

Mytheresa has upped the pricing of its shares ahead of its IPO. The German luxury e-tailer plans to sell around 15.6 million American depositary shares (ADS) which will now cost 26 dollars apiece, compared to the range of between 16 and 18 dollars it announced last week. The company, which first announced […]

Hunter Boot Limited witnessed an 88 percent increase in ecommerce sales in the last quarter of 2020 and 100 percent increase in brand interest and search. The company said in a statement that Hunter saw unprecedented demand for its rubber rain boots in the fourth quarter, with the iconic Original Tall […]

White Stuff has reportedly called in advisors to conduct a review of its 115-store estate amid a challenging trading environment. The British fashion and lifestyle brand has appointed PHD Property to run the review as it explores a number of options going forward, Property Week reports. “In light of […]

Sneaker and apparel platform Goat has secured a strategic investment from Groupe Artemis, the holding company founded by Kering boss François-Henri Pinault. The amount of the investment was not disclosed, but Goat said it will use it to support its continued expansion in fashion apparel and new categories. […]

Mike Ashley’s Frasers Group has upped its stake in German label Hugo Boss in its latest move to reposition itself in a more upmarket segment. The group announced Wednesday that it’s increased its stake in the label to 15.2 percent through stocks and derivatives, up from the 5.1 percent stake it acquired […]

Marcolin Group has announced the appointment of Roberta Viganò as Marketing Communication Manager. Reporting directly to the Marketing, Communication & Events Director Matteo Blandi, Viganò, the company said, will be responsible for the worldwide communication activities of the group’s brands, supervising […]

Next has announced that its CEO Lord Simon Wolfson has been appointed as a non-executive director of Deliveroo. Wolfson, who has been at the helm of Next since 2001, joins Deliveroo’s board as the company gears up for an IPO after recording soaring sales during the pandemic. Next has also posted impressive […]

British shopping centre operator Hammerson has collected just 41 percent of rent due for Q1 as retailers continue to struggle to make payments. Breaking it down by country, 41 percent of rent due has been paid in the UK - 36 percent at flagships and 64 percent at retail parks - while France and Ireland […]