The company has named Patrik Silén its Chief Strategy Officer, reporting to CEO Nick Beighton, the appointment being the third in a series of new hires “designed to strengthen the senior management team”.
Pyer Moss, Kering, Nike, Estée Lauder and L'Oréal USA have all announced new and updated commitments to providing support, as the state of New York experiences its hardest day of the Covid-19 outbreak.
Fashion giant H&M said on Tuesday it is working with other companies to support garment workers in Bangladesh, where more than 2 million have been hit by factory closures as coronavirus lockdowns hit orders.
Levi Strauss & Co said on Tuesday a majority of its stores in China, where the coronavirus outbreak first emerged in December, were open with sales recovering on a weekly basis and digital sales rising last month.
The department store operator announced on Tuesday that EVP and chief financial officer Paula Price will be leaving the company as of May 31, 2020, and revealed that it has begun an external search for her replacement.
At a moment of compulsory cocooning due to the curse of Covid-19, Maria Grazia Chiuri, creative director of Christian Dior, has been doing things very much in the Italian way. She hunkered down with la famiglia in Rome.
Asos had plenty to talk about on Tuesday evening as it updated the markets on the coronavirus impact, released half-year results and announced it's raising extra cash. The overall message was one of strength.
Primark has revealed further measures to tackle the impact of the Covid-19 pandemic, including putting all store employees on furlough and introducing pay cuts across its HQ and office functions for the next 12 weeks.
Consumers are continuing to buy luxury items during the international lockdown with online sites in Britain seeing particular interest in designer handbags and expensive sneakers, a report said on Tuesday.
Stockmann offered an update on its parent company restructuring process on Tuesday saying that the District Court of Helsinki has ruled a temporary prohibition of debt collection and appointed an interim administrator.
Boohoo is one of the few big-name UK fashion retailers not to have updated the market on its trading. And in the absence of guidance, it seems worker comments about booming sales are being leapt on by share buyers.