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Bed Bath & Beyond announces reverse stock split plan, shares drop
Bed Bath & Beyond said on Friday it was seeking shareholder approval for a reverse stock split, sending the struggling retailer's shares 13% lower in extended trading.
Beauty
Business
Lands' End swings to loss in 2022, e-commerce hurts revenue count
Lands’ End, Inc. announced on Thursday said net revenues for the fiscal year 2022 decreased 5% to $1.56 billion, on the back of double-digit declines in the apparel company's global e-commerce.
Fashion
Business
Revlon to emerge from bankruptcy in April, 2022 earnings take a dive
U.S. cosmetics giant Revlon Inc. revealed net sales for the year ended December 31 dropped 4.7% to $2.98 billion, as the bankrupt company swung to even wider losses in 2022.
Beauty
Business
Karla Otto’s The Independents buys US agency Prodject
The group born from the merger between the Karla Otto agency and event organiser K2 has acquired the New York creative agency, which notably produces the uber-popular Met Gala and many top runway shows.
Fashion
Business
Trade shows
Cosmoprof beauty show in Bologna to host 2,900 exhibitors from 64 countries
The beauty trade show will take place in Bologna, Italy, on March 16-24, and is back to pre-Covid numbers with exhibitors from 64 countries, 60% of them from Europe, visitors from 116 countries and buyers from over 50.
Beauty
Trade shows
Jaden Smith of MSFTSrep says he’d like to focus on swimwear
FashionNetwork.com has interviewed designer and rapper Jaden Smith, as his ready-to-wear label MSFTSrep opens a pop-up store at the Champs-Elysées flagship of the Parisian department store Galeries Lafayette.
Fashion
Trade shows
Emerging labels centre-stage at Parisian shows Tranoï, Sphère, Woman
Focus on the creative, directional labels under the spotlight during the womenswear fashion week in various Parisian trade shows and showrooms, featuring emerging designers breaking new ground in women's fashion.
Fashion
Trade shows
Tranoï show reveals labels exhibiting at next womenswear session
The womenswear edition of Parisian trade show Tranoï, scheduled on March 2-5, will feature a majority of international exhibitors, and designers with an edgy, unique approach to knitwear, jewellery and outerwear.
Fashion
Trade shows