The new owner of the swimwear brand will focus its efforts on international expansion with plans to take the label to Europe and Asia in the medium term. Under its new owners, the brand expects to grow 8% in 2019.
American Eagle Outfitters Inc forecast holiday-quarter earnings below Wall Street expectations on Tuesday, as it spends more on advertising and employee incentives to drive sales during the busiest shopping season.
Giorgio Armani is changing show format again. After staging a co-ed signature collection in September inside Milan airport, Linate, the Italian designer will stage a joint menswear and womenswear catwalk in February.
MySale issued a profit warning on Tuesday with the Cocosa owner saying that it has seen “challenging conditions during its peak trading period.” And it's reviewing its UK business as it focuses on "ANZ-first".
Yoox Net-A-Porter is adding more new tech to its webstores offer and this week has unveiled “a unique styling suite to deliver [an] innovative shopping experience to customers worldwide” for its Yoox off-price store.
Superdry co-founder Julian Dunkerton has launched another attack on the brand’s current management and business model. Ahead of its interim results, due on Wednesday, Dunkerton told an analyst about his concerns.