Companies
LVMH reports drop in third quarter revenue
The luxury group has reported a 3% decline in organic revenue in the third quarter of the year, as compared to the same period of last year, including a 5% year-on-year decline in its fashion and leather goods division
Sandra Harris joins Genesco as new Chief Financial Officer
The US-based footwear company has appointed Sandra Harris as Chief Financial Officer. Harris succeeds Thomas George, the current Principal Accounting Officer, who plans to retire in December 2024
Authentic and Saks Global to form a strategic venture
The joint venture Authentic Luxury Group will serve as an incubator for luxury brands, driving global growth with new strategies for licensing, retail and lifestyle expansions across multiple industries
Kayak Storm and its focus on sustainability
Portuguese footwear manufacturer Kayak Storm has achieved GRS (Global Recycled Standard) certification for some of its products. Let’s find out more about a company that has made sustainability a cornerstone of its business
Kizik secures distribution in Japan and Canada
The Utah-based slip-on footwear brand has partnered up with Marubeni Consumer Brands and Kanner Corporation to secure distribution in Japan and Canada, respectively
Kering promotes Stefano Cantino to CEO of Gucci
The French luxury group has announced that Stefano Cantino, who joined Gucci in May 2024 as Deputy CEO, has been promoted to CEO of the brand. He will succeed Jean-François Palus
Authentic Brands Group appoints Josh Perlman as Executive Vice-President to lead Greater China expansion
Authentic continues to expand its Asian Pacific portfolio with the appointment of Josh Perlman to lead its Greater China strategy. Perlman brings over 25 years of experience in brand development
JD Sports posts first half sales growth
The UK-based sports retailer has reported an organic sales growth of 6.4% in the first half of fiscal 2025, as compared to the same period of last year. Full year outlook remains unchanged
Nike reports weak first quarter ahead of CEO change
The US-based sportswear giant has reported a sharp fall in revenue and profits in the first quarter of its current fiscal year, ahead of the forthcoming CEO change
Creative leadership change at LVMH-backed Celine
After seven years as creative director of Céline, Hedi Slimane has left the brand, marking the latest high-profile departure from a fashion label. LVMH has already named Michael Rider as Slimane's successor
Authentic closes Champion acquisition deal
Authentic Brands Group (ABG) has announced that it has completed the acquisition of the athleticwear brand Champion, the second-largest acquisition in the company’s history
Puma appoints new Chief Financial Officer
The German-based sportswear company has appointed Markus Neubrand as its Chief Financial Officer (CFO) and a member of the Management Board. Most recently, he was CFO at Guess
Geox shuts down its New York office as part of a strategic review
The Italian-based footwear brand has confirmed the closure of its NYC office, signalling a shift in its US business strategy after a 13.7% fall in North American revenue in the first half of 2024
Tod’s Group appoints John Galantic as its new Chief Executive Officer
The Italian-based luxury group has appointed John Galantic, former Chanel's senior executive, as its new Chief Executive Officer. This decision follows the privatisation agreement in June
H&M reports weak third quarter
The Sweden-based fashion group has reported a “slow” third quarter, as sales remained flat and costs hit profits, resulting in a drop in its full year operating profit margin outlook-
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