Miss Selfridge’s loss is Vans’ gain with the US sports shoe brand set to step into the Oxford Street, London, space vacated by the Arcadia label as part of that group’s CVA-linked store closure programme.
J. Crew Group Inc has hired investment banks to prepare for an initial public offering of its Madewell apparel business, as the U.S. clothing chain seeks ways to revive its fortunes, sources said on Thursday.
South African department chain Woolworths said on Thursday it had turned around its fashion, beauty and home business after fixing poor product choices in clothing, which had previously weighed on its sales.
According to a survey conducted by Deloitte, clothing and accessories are expected to account for 54% of all back-to-school spending in the U.S. this year, which should total around $27.8 billion, or $519 per student.
Permira will help the 10-year-old Los Angeles-based brand to achieve its growth plans, expand its e-commerce strategy and retail footprint both domestically and internationally, and launch new product categories.
The Green Carpet Talent Competition has revealed the five finalists for the Franca Sozzani GCC Emerging Designer Award, the biggest sustainable design contest in fashion, to be revealed on September 22 in La Scala.
The long-rumoured sale process for L Catterton ’s R.M. Williams brand could be set to kick off soon with an Australian press report saying that September will see an auction process launching via Goldman Sachs.