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Frasers Group continues building ASOS stake, now owns nearly 10%
Frasers Group has again increased its stake in ASOS, which has been at the centre of takeover speculation. It has seen acquisition-hungry Frasers upping its stake to almost 9.9% from 7.4% as the week started.
Fashion
Business
Henkel sells Diadermine to Dutch company Beauty International
The German consumer goods group, owner of haircare brand Schwarzkopf, has sold its skincare brand Diadermine to Dutch cosmetics company Beauty International.
Beauty
Business
Study: The brand strategy behind Uniqlo's basics
Analyst Retviews by Lectra examined the Japanese retailer's offer, which varies from market to market, and compared its approach with that of other fashion retailers.
Fashion
Business
Frasers Group inks JV deal for Sports Direct expansion to Indonesia
Frasers Group Asia Sdn Bhd (or FGA, which is a subsidiary of the UK company) has revealed a new joint venture agreement with PT. MAP Active Indonesia.
Fashion
Retail
Design
LVMH Métiers d’Art announces Josèfa Njtam for artistic residency 2023
LVMH Métiers d’Art has chosen Josèfa Njtam for its 2023 artistic residency, the novel annual encounter pairing artisans and artists staged within key design producers in the luxury empire.
Luxury
Design
Gabriela Hearst recognized by the Couture Council of The Museum at FIT
Gabriela Hearst is set to be honored by the Couture Council of The Museum at FIT, with its 2023 Couture Council Award for Artistry of Fashion.
Luxury
Design
Cifonelli returns as the official tailor of the 24 Heures of Le Mans
Cifonelli is set to return as the official tailor of the 24 Heures of Le Mans during its 100th Anniversary.
Fashion
Design
The Amiri Prize opens to international applicants for second edition
The Amiri Prize, a fashion award and incubator, has announced the launch of its second edition, opening applications for the first time to international applicants.
Fashion
Design
Appointments
Jihwi Ahn wins top prize at the Cordwainers award
The Worshipful Company of Cordwainers has announced its 2023 Footwear Awards with fashion student Jihwi Ahn winning the top trophy and prize of £3,000.
Fashion
Appointments
Mothercare CEO exits with immediate effect
There’s been good news coming out of Mothercare as it resets itself via a completely changed business model. But it’s still facing challenges and it looks like progress isn’t fast enough with news that its CEO is out.
Fashion
Appointments
CWF appoints Aurélie Pepion as head of sales
French childrenswear specialist Children Worldwide Fashion (the licensee of Chloé, Lanvin and Kenzo Kids, among others) has appointed Aurélie Pepion, former CEO of the Lacelier lingerie group, as head of sales.
Fashion
Appointments
Inditex limits board to 10 members following Emilio Saracho's departure
Emilio Saracho, former vice president of JP Morgan and former president of Banco Popular, will leave his position as an independent director of Inditex in July, as announced by the company on June 7.
Fashion
Appointments
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