New Zealand-based fashion retailer Hallenstein Glasson had a good first half with net profit surging 65% as it opened new stores in Australia, ramped up its digital efforts and avoided heavy markdowns.
U.S. fashion footwear company Nine West Holdings Inc intends to file for bankruptcy as soon as this week with a plan to sell the intellectual property of its flagship brand to Authentic Brands Group LLC, sources said.
The Punjab National Bank (PNB) believes that it can make back the losses incurred from the Nirav Modi fraud scandal in six months and the bank’s CEO, Sunil Mehta, has some words for the diamond tycoon.
The Denton, Texas-based beauty retailer announced on Wednesday a cost reduction plan including headcount reductions at its corporate HQ, as the company seeks to streamline its operations and focus on hair care and color.
Italian fashion house Dolce & Gabbana has rejected all acquisition offers it has received and its founders have created a trust for the future of the brand, the two designers said in an interview on Thursday.
Los Angeles-based “affordable activewear” brand YogaClub has launched in the UK, taking its subscription model abroad for the first time. And this month will also see it expanding to other EU countries plus Australia.
London-based Graff Diamonds is the latest luxury name to enter the fragrance arena with a new deal that sees it partnering with Inter Parfums on an exclusive worldwide project to launch a fragrance portfolio.