The embattled UK retail industry was dealt another blow on Friday after news emerged that Arcadia is considering a restructuring process which could result in significant store closures and job losses.
One brand quietly winning a legion of fans since coming to show in Paris two years ago is Silvia Tcherassi. A highly sophisticated Colombian, Tcherassi was previously named Chevalier des Arts et des Lettres.
Following Barrington Capital’s suggestion on Tuesday that L Brands separate its Victoria's Secret and Bath & Body Works brands, the retailer has issued a statement detailing its efforts to improve its performance.
The former Guess CEO has been named non-executive director and chairman of the sustainability committee of Global Fashion Group, the portfolio of fashion e-commerce platforms including The Iconic, Zalora and Dafiti.
The 160,100 sq ft store will be almost four times the size of the retailer’s existing store in Birmingham, and feature a beauty studio for nails, make-up, hair and lashes, a barber shop and three dining experiences.
Belgian lingerie group Van de Velde (Marie Jo, Andres Sardà, PrimaDonna) has published its consolidated results for 2018. Revenue reached €205.2 million, down 1.8% compared to 2017, as anticipated in January.
The Victoria’s Secret parent company reported dips in Q4 and full-year 2018 earnings on Wednesday and announced a disappointing outlook for 2019, leading shares in the company to tumble more than 8% in extended trading.