Asda former, Will Smith, and Argos former, Helen Milford, enter into the retail direction of the British group.
Companies
Brands on sale represent the 50% of revenue in this segment. The review does not include Dickies and Timberland.
The French label current minority partner TA associates will be selling its investment. Thierry Giller, Zadig&Voltaire’s founder, will remain as the majority shareholder.
The German fashion retailer has presented the preliminary results of the its fiscal year of 2019, it ended the period with a revenue of 2.9 billion euros (3.2 billion dollars)
The company’s first store in the Italian market will open its doors next July in Milan, one of the main cities in the retail sector.
The British retailer, Debenhams has appointed former Pimkie interim chief executive officer Beatrice Lafon as a non-executive director of Celine Topco Limited, Debenhams group’s parent company, according to a Debenhams’ press release.
The group, based in Panamá, is also preparing the first two openings of the brand in Ecuador y the end of the year. Grupo David also distributes American Eagle and Bath&Body Works in several Latin American markets.
The intimate apparel brand has hired Michelle Ryan, former executive of Kurt Geiger, as new chief executive officer.
Both brands will launch a capsule collection next April. Until now, their collaboration was focused on sneakers.
Balenciaga’s current creative director, Demma Gvasalia, will present the first collection in July.
Kendo, the cosmetic brand’s accelerator from the giant LVMH, already had a minority stake in the makeup brands KVD Vegan Beauty.
Pierre-Emmanuel Angeloglou will take on his new role within the board of directors on February 1 and he’ll be reporting directly to Delphine Arnault.
The trade show specializing in denim has commemorated its latest edition in London. The next show will take place in land in Milan (10 and 11 June).
The splitting project of the chain was sponsored by Art Peck, who left the company last November. Leaving Neil Fisk to lead, as the new president and CEO of the Gap brand.
The Swiss luxury conglomerate, which controls Cartier, Montblanc and Yoox Net-a-Porter, among others, has reached sales of 11 billion euros (12.3 dollars) between April and December.
All economic news of the key fashion companies worldwide.