Steinhoff International said on Wednesday it had received approval from a Dutch court for a debt restructuring plan, paving the way for resolution of an accounting scandal that brought down the retailer.
Spanish businessman Amancio Ortega, the founder of Zara owner Inditex, has bought a warehouse in the Netherlands for 105 million euros ($115.4 million), his private investment firm Pontegadea said on Wednesday.
Value omnichannel fashion and homewares retailer Matalan has made two key senior executive appointments with Phil Hackney joining as Chief Supply Chain Operations Officer and Katherine Davis as Chief Retail Officer.
Managing Director Marie Schott left The Kooples at the beginning of the week. Anne-Laure Couplet, former CEO of Burton and Paule Ka, is taking over from her as head of the label owned by the MF Brands group.
Vans has big news this week, revealing its new pinnacle category, OTW by Vans. This is “where elevated product and brand experiences come together with art, design, style, skate culture and entertainment”.
Lenzing’s Tencel and its ambassador — Amy Powney of Mother of Pearl — have revealed the five finalists of design contest ‘Fashion Reimagined’, showcased as part of the ‘Best of GFW’ Catwalk at Graduate Fashion Week.
The American giant that owns Timberland, The North Face and Vans has announced this surprising appointment and reorganised its management board. Bracken Darrell has been CEO of electronics company Logitech since 2012.
Dozens of H&M shop workers on Tuesday protested outside one of the Swedish fast fashion giant's stores in central Madrid to demand higher pay and lighter workloads, forcing the store to close for a few hours.
Will Frasers Group ever stop buying business or snapping up stakes in other companies? At the moment it seems unlikely and its latest buys this week are stakes in Boohoo Group and electricals retailer Currys.