Author: Bloomberg
The Daily Digest NewsletterThe essential daily round-up of fashion news, analysis, and breaking news alerts.Plus, access one complimentary BoF Professional article of your choice, each month.SubscribeNewsletter preferencesReceive news, offers and invites from BoFOur newsletters may include 3rd-party advertising, by subscribing you agree to the Terms and Conditions & Privacy Policy.
The cuts focus on jobs in global operations, mainly technology, in North America, Asia and Europe, and account for just under 2 percent of the sneaker brand’s workforce.
O’Neill, who was most recently Nike Inc.’s president of consumer, product and brand, will take over as permanent CEO on Sept. 8.
First-quarter revenue reached $8.36 billion, roughly in line with analysts’ estimates.
Tailored Brands Inc. is positioning itself to return to public markets later this year after filing for bankruptcy during the pandemic.
The Daily Digest NewsletterThe essential daily round-up of fashion news, analysis, and breaking news alerts.Plus, access one complimentary BoF Professional article of your choice, each month.SubscribeNewsletter preferencesReceive news, offers and invites from BoFOur newsletters may include 3rd-party advertising, by subscribing you agree to the Terms and Conditions & Privacy Policy.
The Food and Drug Administration will hold meetings this summer to discuss whether compounding pharmacies should be allowed to manufacture half a dozen commonly sought, yet unproven peptides. Health Secretary Robert F. Kennedy Jr. claims the move will help shut down the black market for these products. Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.
The Daily Digest NewsletterThe essential daily round-up of fashion news, analysis, and breaking news alerts.Plus, access one complimentary BoF Professional article of your choice, each month.SubscribeNewsletter preferencesReceive news, offers and invites from BoFOur newsletters may include 3rd-party advertising, by subscribing you agree to the Terms and Conditions & Privacy Policy.
The US cosmetics giant has hired JP Morgan to take the lead on structuring a finance package of about €5 billion to fund its potential tie-up with Puig.
Vendors were allegedly cowed by the e-commerce giant’s bargaining power and, fearing punishment, agreed to raise prices on competing retail websites like Walmart and Target.