Rixo’s accounts for the year to last June have just been filed and they show an interruption to the buoyant sales performance it had seen in the previous financial year. Rixo For 2023/24, revenue dipped to £18.7 million from £19 million in what the company said was an “uncertain market with subdued consumer spending in…
Translated by Nicola Mira Published April 7, 2025 The appointment of a new boss does not allay doubts about the real position in which Parisian department store BHV finds itself. Société des Grands Magasins (SGM), the company that now operates BHV, after striking a deal in 2023 with its former owner, the Galeries Lafayette group,…
One brand shaking things up in the booming world of essential beauty supplements is Sisterly, which has been staging pop-ups and activations from London to LA. Last month, it debuted in Harrods’s beauty section alongside brands like Armani and Augustinus Bader. Uber model Jade Parfait, a huge fan, starred in Sisterly’s campaign, which was shot…
Edgardo’s got a brand-new bar. Aquazzura, the very happening footwear marque, has a fresh product extension: a cocktail bar in Rome. Edgardo Osorio and Lydia Forte at the newly opened Aquazzura Bar in Rome. – DR Located inside the iconic Hotel de Russie, the bar is a new debut by Aquazzura, marking the brand’s first…
LVMH has named two new CEOs at its leading fashion houses, with Ramon Ros taking over at Fendi and Charlotte Coupé appointed at Kenzo. Both senior executives come from positions in LVMH’s flagship brand, Louis Vuitton. They will report to Sidney Toledano, senior advisor to the LVMH Group chairman and the conglomerate’s controlling shareholder, Bernard…
THG may be best known for its beauty and nutrition operations, but linked to the latter, it’s also in the clothing business. And its Myprotein nutrition brand’s clothing line, MPActivewear is being rolled out in Decathlon stores across the UK from Monday. It’s the first major retailer partnership for the brand and its first time…
By Bloomberg Published April 7, 2025 Bangladesh is looking to hold talks with the Trump administration in a bid to lessen the blow from a US decision to impose a 37% tariffs on goods that could devastate the country’s $40 billion garment export industry. Shutterstock Bangladesh is seeking ways to reduce its trade surplus with…
By Bloomberg Published April 6, 2025 ThredUp Inc. Chief Executive Officer James Reinhart gave a colleague a high five shortly after President Donald Trump’s overhaul of US trade policy earlier this week—a reaction very different from those of other consumer-company executives hammered by the announcement. ThredUp CEO James Reinhart. – Nate Fong Photography The impetus…
Liberation or decimation? While the 47th President of the United States is often seen as mercurial in his decision-making and penchant for threats, Donald Trump made good on a promise to impose further tariffs, this time mainly reciprocal to U.S. trade partners. In the first 48 hours of the announcement, stocks plummeted, and affected countries,…
From Warsaw, with love. That could have been the footnotes for the Polish brand Magda Butrym and Swedish behemoth H&M’s celebration of their collaboration, which is set to debut on April 24. Magda Butrym and VIP guests at H&M’s rose-themed celebration in Brooklyn. – Photo credit: Lucas Possiede / H&M The celebration took place in…