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The Florence-based luxury retailer, facing unpaid bills and a steep sales decline, seeks a 120-day reprieve under Italian insolvency law as it restructures operations and scales back expansion.
Chief executive Chris Cramer said, ‘This decision, while difficult, is part of our broader effort to protect the long-term value of Claire’s across all markets.’
Three friends with no fashion background built a $100 million retail business in Washington, DC by doing what Farfetch and Matches Fashion couldn’t: defining their customer and sticking to their preppy aesthetic.
In a bordertown in Texas, towering heaps of discarded clothing from across the country fill sprawling warehouses — the last stop in a global supply chain overflowing with fast fashion castoffs. One woman is trying to save what she can, one thrift tour at a time.
Emma Stone’s Vuitton-only shoot was billed as an artistic tribute — not a commercial deal. Yet it highlights the increasingly blurred lines between the brands that fund fashion magazines and the images they publish.
The fragrance brand, recently acquired by TSG Consumer Partners, will roll out its range of perfumes, mists and body care in Australia’s Mecca from Aug. 26 and in Sephora Middle East from Sept. 15.
The latest trend on TikTok has college coeds fearful that their showers are ruining their hair. Naturally, the beauty industry is here to help.
The global retailer’s UK business reported a pretax profit of £38.25 million ($51.8 million) in 2024, up 56.6 percent from 2023.
