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Business

Revolve earnings soar in fourth quarter

Revolve earnings soar in fourth quarter

The Los Angeles-based online fashion retailer reported Q4 net income of $19.0 million on Wednesday, representing a year-over-year increase of 126% compared to $8.4 million in the prior-year period.
Fashion
Business
L Brands tops earnings expectations; revenues fall short on Victoria’s Secret weakness

L Brands tops earnings expectations; revenues fall short on Victoria’s Secret weakness

The Victoria’s Secret parent company reported fourth-quarter income of $860.3 million, or $3.03 per share, on Wednesday, beating analysts’ estimates of $2.91 per share.
Fashion
Business

Estée Lauder's Becca brand to shut down

The cosmetics brand cited "an accumulation of challenges, together with the global impact of Covid-19" upon announcing its decision to close at the end of September 2021.
Beauty
Business

T.J. Maxx parent misses estimates as lockdowns cut sales by $1 billion

Discount store operator TJX Cos Inc missed estimates for holiday-quarter results on Wednesday, as coronavirus-induced lockdowns in Europe and Canada shaved about $1 billion off its sales.
Fashion
Business

Design

Black Lives Matter designers make history in Milan

Black Lives Matter designers make history in Milan

Last minute touches on a frilly white dress, a final coat of powder- and it's showtime for the Black Lives Matter-inspired collective making history at Milan Fashion Week.
Luxury
Design
Priya Ahluwalia is 2021's Queen Elizabeth II Award winner

Priya Ahluwalia is 2021's Queen Elizabeth II Award winner

Priya Ahluwalia, "a pioneer in responsible sourcing and manufacturing techniques", has received The Queen Elizabeth II Award for British Design. 
Fashion
Design

London Fashion Week climaxes with Simone Rocha and the QEII Award

London Fashion Week ended Tuesday night after scores of virtual shows, presentations and debates, with a collection by Simone Rocha, and Priya Ahluwalia winning the latest Queen Elizabeth II Award for British Fashion.
Fashion
Catwalks

London Fashion Week: A French touch in virtual season

There was a notable French touch at London Fashion Week this weekend, with shows from Stephen Jones, Bianca Saunders, Bethany Williams, N Palmer, 16Arlington, Preen by Thornton Bregazzi, Art School and Jamie Wei Huang.
Fashion
Catwalks

Appointments

John Lewis fashion buying director to quit this spring

John Lewis fashion buying director to quit this spring

​John Lewis’s buying director of fashion is set to stand down after many years at the firm. But it seems the move isn't linked to the retailer’s general restructuring. Christine Kasoulis will leave to focus on her MBA. 
Fashion
Appointments
Vestiaire Collective's Fanny Moizant quits SMCP board

Vestiaire Collective's Fanny Moizant quits SMCP board

Fanny Moizant has informed the board of SMCP that she’s stepping down as a director. The move comes as she needs to be “fully focused on her other activities, in particular the development of Vestiaire Collective”
Fashion
Appointments

Vogue names Juan Costa Paz as global creative director

Costa Paz will oversee the creative direction for the brand in the U.S. and the U.K. and help guide Vogue’s approach to content in all formats through all of the company’s owned and operated editions worldwide.
Luxury
Media

Battersea Power Station makes key hires ahead of opening

Battersea Power Station, the major development that includes a new shopping centre on the edge of central London, has announced some key roles as the retail part of the site gears up for its opening.
Fashion
Retail

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