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It's bad: UK consumer confidence falls to its lowest since 1974
UK consumer confidence tumbled again in May — this time to its lowest level in almost 50 years — after the cost-of-living crisis deepened and concerns over the economy and personal finances grew.
Fashion
Business
Zegna boss says suits aren't dead but ties are
Ermenegildo Zegna — CEO of the Italian luxury menswear house that bears his family name — declared this week that the suit isn’t dead as some people have suggested.
Fashion
Business
Hugo Boss COO to leave this month
Hugo Boss has announced that its chief operating officer Heiko Schäfer is to leave the managing board of the business on May 31, “to pursue a new professional assignment outside the group”.
Luxury
Appointments
Richemont strong as watches, jewellery boom, fashion ops improve
Richemont delivered full-year results on Friday and said the period to 31 March saw a “strong performance”, with a “significant step change in group sales and operating profit”. Its fashion ops also saw improvements.
Luxury
Business
Design
Deborah James x In The Style charity collab launches
Digital women's fashion retailer In The Style has announced its newest celebrity partnership with Dame Deborah James and The Bowelbabe Fund. The collab launches with the sale of the Bowelbabe 'Rebellious Hope' T-shirt.
Fashion
Media
Tom Ford and the CFDA: An era comes to an end
The Council of Fashion Designers of America made the announcement Monday that Tom Ford was departing the organization.
Fashion
Design
Jacquemus unveils collaboration with Nike
Parisian designer Simon Porte Jacquemus has designed an accessories and ready-to-wear collection with the US sports giant, available exclusively on his label Jacquemus’s e-shop from June 28.
Fashion
Design
Tom Ford stepping down as Chairman of the CFDA
Tom Ford is stepping down as Chairman of the CFDA, bringing down the curtains on a three-year term at the organization, American fashion’s governing body, in a major suprise.
Fashion
Design
Appointments
Rowe to exit M&S with jump in profit, but much still to do
Steve Rowe will next week step down as chief executive of Marks & Spencer after a turbulent six years in the top job, with his internal successor set for a baptism of fire amid a worsening cost-of-living crisis.
Fashion
Appointments
Hugo Boss COO to leave this month
Hugo Boss has announced that its chief operating officer Heiko Schäfer is to leave the managing board of the business on May 31, “to pursue a new professional assignment outside the group”.
Luxury
Appointments
John Lewis names new executive director
The John Lewis Partnership (JLP) has a new Executive Director for People. Lisa Cherry will join the retail giant in early September. She replaces Nikki Humphrey who is to rejoin the Virgin Group.
Fashion
Appointments
Jaeger names new product boss with Suzi Avens stepping in
M&S’s premium Jaeger brand has named Suzi Avens as head of product. The ex-Cath Kidston and Boden exec joins as M&S continues its relaunch of Jaeger and puts plenty of support behind it both in-store and online.
Fashion
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