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Business

Rag & Bone gets online boost with new technology investment

Rag & Bone gets online boost with new technology investment

New York-based luxury fashion brand Rag & Bone is investing in its direct-to-consumer strategy with a new technology investment.
Fashion
Retail
Macy's announces $1 billion bond offering to repay credit facility

Macy's announces $1 billion bond offering to repay credit facility

Macy's Inc said on Tuesday it planned to raise $1.1 billion (£893.36 million) in a bond offering, backed by a first mortgage on some of its properties, to repay funds borrowed under a revolving credit facility.
Fashion
Business

Thrift+ receives £950k investment

The online charity retailer has secured a £950k impact investment from a group of angel investors to further develop its on-demand clothing donation service.
Fashion
Business

Moss Bros takeover is back on as Brigadier withdraws review request

It looks like the £22.6 million takeover of Moss Bros will go ahead after the previously reluctant bidder withdrew its attempt to abandon the deal.
Fashion
Business

Design

Carlo Capasa: Camera della Moda still planning on four Milan Fashion Weeks per year; does not plan to change dates

Carlo Capasa: Camera della Moda still planning on four Milan Fashion Weeks per year; does not plan to change dates

Designers are clamoring for a radical change in the fashion system; for less seasons and shows and later fashion week dates. But Carlo Capasa, president of the Camera, still expects to have four Fashion Weeks per year.
Fashion
Industry
Harlem's Fashion Row launches nonprofit in support of designers of color during Covid-19

Harlem's Fashion Row launches nonprofit in support of designers of color during Covid-19

HFR will host a virtual fundraiser in order to build funds for Icon 360, a nonprofit made to provide relief to designers of color who are pivoting their businesses in response to Covid-19 and need funding to scale. 
Luxury
Design

Alessandro Michele calls for reformulation of fashion season; and says Gucci will stage digital show in Milan in July, but not in September

One day after Alessandro Michele, creative director of Gucci, revealed on Instagram that the brand would in future stage only two shows per year, the designer called for a reformulation of the fashion calendar. 
Fashion
Catwalks

BFC and CFDA call for fashion 'reset' post-Covid-19

The British Fashion Council (BFC) and Council of Fashion Designers of America (CFDA) have joined forces to call for a new approach and new ways of thinking once the coronavirus crisis has passed.
Fashion
Design

Appointments

Lacoste names new North American and Latin American CEOs

Lacoste names new North American and Latin American CEOs

Both Robert Aldrich and Pedro Zannoni will report to Jean-Louis Delamarre, executive vice president, global markets and distribution.
Fashion
Appointments
Sky chief Jeremy Darroch to exit Burberry board

Sky chief Jeremy Darroch to exit Burberry board

Darroch, who has been a senior independent director at Burberry since 2017, said he will not stand for reelection at the company’s annual general meeting in July to focus on his other executive commitments.
Luxury
Appointments

Commonwealth Fashion Council adds new board member

The Commonwealth Fashion Council (CFC) has revealed that Roger Gingerich, president of Canadian fashion agency Gingerich Group, is joining its board of directors.
Fashion
Appointments

Louis Vuitton names Johnny Coca director of women's fashion leather goods

The Spanish designer, former creative director of Mulberry, was recently put in charge of women’s fashion leather goods, working alongside Nicolas Ghesquière.
Fashion
Appointments

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