Timo Schmidt-Eisenhart, who has served at VF Corp brand's including The North Face, Timberland and Napapijri, will take over as leader of Switzerland's Calida Group in early 2021, succeeding Reiner Pichler.
LVMH has announced plans to enhance its commitment to the campaign to prevent violence against women. The luxury group revealed it will donate funds to cover 1,000 hotel nights for the non-profit “Fondation des Femmes."
Abercrombie & Fitch is to close a selection of major flagship stores, including London, Paris and Munich, it announced with its latest set of results on Tuesday. The stores have been a major drag on its performance.
The sportswear and equipment retailer has reported $331.4 million in Q3 sales, up 20.3% from $275.5 million in the prior-year period, with progress in omnichannel providing a boost to the company’s continued strength.
Marking the company's first female CFO, Frank will be responsible for the company's finance, tax, treasury, investor relations, asset protection, facilities, operations excellence and strategy functions.
Nike Inc said on Friday it would raise its quarterly dividend by 12%, or 3 cents per share, underscoring the financial strength of the world's largest sportswear maker in the midst of the Covid-19 pandemic.
Adidas launches the Wales Bonner collaboration — that was previewed during London Fashion Week back in January — this Friday. It’s the sports giant’s first collab with the designer and has a retro edge.