Alessandro Michele posted on Gucci’s Instagram a statement to announce that Gucci is going seasonless.…
GU to close all stores in South Korea
GU has announced its decision to shutter all three of its stores in South Korea and cease store operations in the country.…
Dufry announces cancellation of 2020 dividend payment
The world’s duty free retailer Dufry announced a set of initiatives to strengthen its capital structure and liquidity position. …
Campari Group negotiates to acquire Champagne Lallier
Davide Campari-Milano S.p.A. announced that it has entered into exclusive negotiations with the privately owned French company SARL FICOMA.…
L’Oréal acquires Mugler and Azzaro perfumes
L’Oréal has finalized the acquisition of the Mugler brands and Azzaro fragrances from Clarins Group, in accordance with the terms announced on 21 October 2019.…
Calida announces new changes to the Board of Directors
Swiss apparel group Calida announced the decision to not distribute any dividend for the business year 2019.…
Centric Brands acquires Zac Posen
Centric Brands Inc., a leading lifestyle brands collective, announced the purchase of the Zac Posen brand and all related intellectual property previously held by Z Spoke, LLC.…
Safilo acquires eyewear brand Privé Revaux
Safilo Group announced the acquisition of a 61.34% equity interest in the Miami-based company Prive Goods, LLC through a simultaneous signing and closing.…
Tapestry unveils executive reshuffle, names new APAC head
Tapestry Inc., parent company of Coach, Kate Spade and Stuart Weitzman, announced several executive appointments, including two new brand presidents and a new Asia-Pacific chief for the group.…
Australian fashion brand Bardot to shutter 58 stores nationally
Australian women’s fashion brand Bardot announced its plans to shutter 58 stores nationally, resulting in a loss of some 530 jobs.…