Business

Sharp decline in wholesale impacts Geox results

Geox reported first quarter sales of 193.6 million euros, down 13.5 percent or 11.7 percent at constant exchange rates due to the performance of the wholesale channel and franchising, partially offset by the positive trend of the digital DOS channel. Considering the uncertain geopolitical and macroeconomic short-term scenario, the company...

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People

Tory Burch names new president of North America

American luxury fashion and lifestyle brand Tory Burch is bolstering its leadership team with a new president of North America, a chief people officer, and a president, chief merchandising, and global supply chain officer. Christophe de Pous, a seasoned global executive, will join Tory Burch as president of North America on June 3. He joins from...

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Retail

GU to open first overseas flagship store in New York

GU, the Japanese apparel retailer and sister brand of Uniqlo, part of Fast Retailing, is opening its first permanent store outside Asia this autumn in New York. In a statement, Fast Retailing said it has secured a 10,225-square-foot store in New York’s SoHo district located at 578 Broadway. The new flagship store will span across two floors and...

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Business

Zalando co-founder David Schneider steps down as Co-CEO

European fashion and lifestyle e-tailer Zalando has confirmed that its co-founder David Schneider is stepping down as co-chief executive officer to focus on group-wide strategic partnerships and brand relations. Schneider is handing over his role as co-chief executive officer to David Schröder, Zalando’s current chief operating officer, who has...

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