The Birmingham, Alabama-based sportswear retailer reported a 21.4% decrease in net sales for the first quarter on Tuesday, as a peak in online revenues helped to temper declines related to temporary store closures.
As the Ferragamo family steps down from its executive roles, the Florentine label has appointed Michele Norsa, who led the company from 2006 to 2016, as executive deputy chairman, alongside CEO Micaela le Divelec Lemmi.
Few fashion designers have had as much impact in the past three decades as Domenico Dolce and Stefano Gabbana. With FashionNetwork.com the duo discuss DGfattoincasa; handling the lockdown and their next runway steps
Facebook Inc's Instagram app on Wednesday rolled out new tools enabling people to make money off the videos they post, as it competes for creative talent in an increasingly crowded market for mobile video content.
India's antitrust body is looking into allegations that Alphabet Inc's Google is abusing its market position to unfairly promote its mobile payments app in the country, five sources familiar with the case said.
Hong Kong's biggest retailer association has urged the local government to protect tenants from legal action or eviction even if they are unable to pay rent due to the impact of protests and virus restrictions.