After only five months, Laurie Van Brunt has stepped down from her role as CEO of the casual apparel retailer, leading the company to appoint former interim CEO Michael C. Appel to the position on a permanent basis.
The turnaround specialist, best known for his work at Sinéquanone, is stepping in to lead New Look's French subsidiary, which is planning widespread store closures and layoffs, FashionNetwork.com has learnt.
The heritage shirtmaker, which traces its roots back to 1984, has unveiled a new brand identity and name as part of a major overhaul designed to ensure it remains relevant in the ever-changing retail landscape.
NPD has surveyed its industry experts to get their insights for US Holiday 2018, revealing predictions of a brick-and-mortar comeback, a strong performance in fragrance and the continued dominance of athleisure.
One of the largest textile sourcing shows on the East Coast, Texworld USA will come to NYC's Javits Center for a round of talks on sustainability and more. The trade show will run from January 21 through January 23.
Shares in Nordstrom Inc slumped 9 percent after the U.S. department store operator reported disappointing same-store sales and said it had been forced to refund some of its credit card customers after overcharging them.