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Amazon’s revenue grows 9% in 2022
In fiscal 2022, US group Amazon generated a revenue of $514 billion, equivalent to a 9% increase, although the group’s operating income slumped.
Fashion
Business
Bollman buys majority share of Kangol from Frasers Group
Kangol has a new — but familiar — owner. Bollman Hat Company has entered into an agreement to acquire 51% of the UK heritage/streetwear hat brand from Frasers Group for an undisclosed sum.
Fashion
Business
Owner of Yours Clothing, Long Tall Sally buys failed M&Co
Eight weeks after M&Co went into administration, it has been bought by AK Retail, which also owns Yours Clothing, BadRhino, Long Tall Sally, Bump It Up Maternity and PixieGirl. The purchase price wasn’t disclosed.
Fashion
Business
Freemans reports buoyant Christmas, Julien Macdonald collab is "standout" success
Freemans said on Friday that it had “a cracker of a Christmas” with sales in the eight weeks to the end of the year up as much as 23%. Its customer numbers also topped a million, which was up 65% from two years ago.
Fashion
Business
Design
Copenhagen Fashion Week: Stamm wins Zalando Sustainability Award
Stamm has won the AW23 Zalando Sustainability Award at Copenhagen Fashion Week with the brand having demonstrated “impressive craftsmanship as well as deep understanding and execution of more sustainable practices".
Fashion
Design
Martine Sitbon launches new Rev ready-to-wear line
The iconic French designer of the 1980s and 1990s is back with a new fashion project. A collection called Rev inspired by her archive pieces, which will be unveiled at the next Paris Fashion Week.
Fashion
Design
AZ Factory recruits Colville duo for a collaboration
Molly Molloy and Lucinda Chambers, the two designers of the Colville label, will unveil their collaboration with AZ Factory on March 6th during the Paris Fashion Week.
Fashion
Design
Gucci's challenge: reigniting heat while boosting timeless appeal
Sabato De Sarno needs to spark heat with a new direction at Guicci, analysts say - a delicate task, given the emphasis executives have also put on the label's timeless appeal.
Luxury
Design
Appointments
Kering names Raffaella Cornaggia managing director of Kering Beauty
Kering said on Friday it was entering the cosmetics business, with the announcement that it has recruited seasoned Estee Lauder executive Raffaella Cornaggia to head the push into the new segment.
Luxury
Appointments
Kohl's names Kingsbury as permanent CEO
Kohl's Corp said on Thursday that interim Chief Executive Officer Tom Kingsbury, a director nominated by hedge funds Macellum Advisors and Ancora Holdings, will take over the role on a permanent basis.
Fashion
Appointments
Big change at John Lewis sees customer director stepping down
There are big changes happening in John Lewis Partnership’s customer service capability, with the UK retail giant announcing new investment in its brands, data and technology “to give even more value to customers”.
Fashion
Appointments
Moss Bros picks agency for organic search strategy after test period doubled search
Moss Bros has appointed MediaVision to lead its “organic search strategy”, in order to accelerate the menswear retailer’s ambitious growth plans. It comes after a three-month trial saw a 112% growth in organic traffic.
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