Supermarkets giant Asda has revealed that it’s testing a new George standalone concept store that, “if successful, will replace its Asda Living brand portfolio across the UK”. Asda Given that the Asda Living chain already exists and sells the George range, it’s perhaps less of a revolution than a standalone George store sounds on the…
Chanel kicked off the international cruise season with an elegantly staged show Tuesday evening at Villa D’Este that was a telling expression of founder Coco’s long-time love of the Italian peninsula. Chanel cruise 2025 collection in Lake Como – Courtesy Specifically referencing Coco’s great friendship with master filmmaker Luchino Visconti, whose noble family once owned…
By Bloomberg Published April 29, 2025 Nike Inc. is putting together a dedicated team of executives and designers to operate a new brand with entrepreneur and reality TV star Kim Kardashian’s apparel label Skims, with plans to release its first collection geared toward women this spring. Nike Called NikeSkims, the project was kept quiet for…
By AFP Translated by Nazia BIBI KEENOO Published April 29, 2025 Françoise Bettencourt Meyers, 71, has stepped down from her position on L’Oréal’s board of directors, transferring her seat to Téthys, the family’s holding company, during the company’s annual general meeting on Tuesday. Bettencourt Meyers, honored during the meeting, also passed her vice-chair role to…
Translated by Nicola Mira Published April 29, 2025 The concept was exciting: combining G-Star’s cutting-edge denim innovations with Botter’s subtly skilful tailoring and deconstructed streetwear. Such an attractive idea that, on April 29, G-Star announced it has named Botter’s Rushemy Botter and Lisi Herrebrugh as creative directors. G-Star Rushemy Botter and Lisi Herrebrugh – G-Star The…
Record sales and profits in 2024 at an improved margin and a solid start to 2025: welcome to the bright, shiny world of Warpaint London. Warpaint London The specialist colour cosmetics supplier and owner of the W7, Technic, Skin & Tan, Super Facialist, Dirty Works and Fish Soho brands had much to celebrate Tuesday (29…
Translated by Nazia BIBI KEENOO Published April 29, 2025 Major apparel-producing nations—Bangladesh, Pakistan and Indonesia—are increasingly turning to American cotton purchases as a bargaining tool in negotiations to avoid U.S. tariffs on clothing imports. While each country operates under different economic conditions, they share a common strategy that may face hurdles, including limited U.S. production…
THG’s full-year results and Q1 trading update came with plenty of negative numbers but the company was upbeat overall about “a transformative year, marked by further strategic progress and operational resilience and balance sheet deleveraging”. THG The firm’s shares fell 3% Tuesday morning after it said FY24 revenue pre-demerger (its Ingenuity ops were spun out…
Lindex Group said Tuesday that its first quarter was impacted by “weakened consumer confidence and logistical challenges”, although the Stockmann division’s adjusted operating result improved. Lindex The Finnish company owns the international Lindex brand and the Finland/Baltics-focused Stockmann department stores chain. The first three months of 2025 saw revenue falling to €186 million from €192.8…
Gymshark Group has filed its accounts for the year to last July — FY24 — and they show it continuing to prosper with revenue rising, although some profit measures were lower as the firm’s growth investments continued and costs rose. Gymshark The company, which is the ultimate parent of Gymshark Ltd and Gymshark USA, saw…