The owner of the Men’s Wearhouse and Jos. A. Bank brands has announced the appointments of John Tighe as EVP and chief customer officer, Karla Gray as EVP and chief stores officer, and Tim Cooksey as SVP of real estate.
Zegna has partnered with automotive giant Stellantis in an ambitious plan to transform its entire fleet into green cars by 2025. Stellantis brands include Fiat, Alfa Romeo, Peugeot, Citroën and Maserati.
Online sales accounted for nearly a fifth of total retail turnover last year as lockdowns to combat the spread of the coronavirus pandemic fuelled a boom in e-commerce, a United Nations study released on Monday showed.
Chinese e-commerce giant Alibaba Group Holding has frozen pay raises for senior executives in 2021, and is instead giving junior staff bigger pay rises, sources said, in an effort to retain its main workforce.
Alibaba’s Taobao Live is investing more heavily in livestreaming, a step that should boost its revenues and increase pressure on other e-tailers around the world to increase their livestreaming offers.
The next men's fashion season has been confirmed. The London, Milan and Paris Fashion Weeks will take place from 12 to 27 June, while Pitti Uomo will return with a physical event scheduled to run 30 June to 2 July.
China is preparing a substantial fine for Tencent as part of its sweeping antitrust clampdown on internet giants, but it is likely to be less than the $2.75 billion penalty imposed on Alibaba earlier this month.
Trade show organisers are continuing to reschedule key shows and Hyve Group has announced that it will stage Scoop X Pure and sourcing show Pure Origin at the Old Truman Brewery in London on September 7-9.