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Alibaba poised to launch record-breaking $15 billion Hong Kong share sale - sources
Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $15 billion as soon as Thursday, according to two sources with knowledge of the discussions.
today
Others
Business
Global Fashion Group Q3 losses continue but key metrics move upwards
Recently listed fashion e-tailer Global Fashion Group reported Q3 results on Wednesday and said it delivered its strongest growth in net merchandise value (NMV) of the year during the past three months.
today
Ready-to-wear
Business
Mulberry still struggling in UK but Asia focus is paying off
Mulberry's losses widened in the first half as the UK market stayed tough, but its focus on Asia seems to be yielding results and its new product launches are also proving popular.
today
Ready-to-wear
Business
Iconix third-quarter revenue falls 23%
NYC-based brand management company Iconix Brand Group has reported total revenue of $35.5 million for the third quarter of 2019, compared to $46.2 million last year.
today
Ready-to-wear
Business
Design
New H&M tagline sparks outcry over gender violence association
A new collection from H&M has unleashed protests from women’s rights campaigners because it includes the slogan “I love GBV”, the initials of the designer but also a widely used acronym for gender-based violence.
today
Ready-to-wear
Design
Sam McKnight to be honoured at Fashion Awards 2019
The legendary hairstylist has been announced as the recipient of the 2019 Isabella Blow Fashion Creator Award. He will receive the award at the 2019 Fashion Awards on Monday 2 December at the Royal Albert Hall.
today
Miscellaneous
Design
Tommy Hilfiger takes latest step toward fully digital design
Tommy Hilfiger announced it will incorporate 3D design technology into all its global apparel design teams, marking the latest step in the brand’s goal to digitize its value chain from end-to-end.
today
Ready-to-wear
Design
Audemars Piguet wins the 19th Grand Prix d'Horlogerie de Genève
The 19th edition of the prestigious Grand Prix d'Horlogerie de Genève, which was held on Thursday, November 7 in the Swiss city, rose to the challenge of ranking the most advanced creations of the horologer's art.
today
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Appointments
Unilever's Marijn Dekkers to step down as chairman
Consumer goods giant Unilever on Wednesday named non-executive director Nils Andersen as its new chairman, replacing Marijn Dekkers who has decided to step down immediately.
today
Cosmetics
Appointments
Tiger of Sweden new CEO Dauriz joins from Hugo Boss
Tiger of Sweden has had its challenges in recent periods but it’s looking forward to a brighter future and on Monday, the Swedish company named Linda Dauriz as its new CEO, effective from the beginning of next month.
today
Ready-to-wear
Appointments
Amazon executive Steve Kessel to step down; to open first Quebec distribution center
E-commerce giant Amazon.com Inc's long-serving executive Steve Kessel will leave the company after 20 years, a company spokesperson told Reuters on Friday.
today
Miscellaneous
Industry
Oman fragrance maker Amouage names new CEO
Fragrance maker Amouage named Marco Parsiegla as its new CEO this week, as the Oman-based brand aims to extend its appeal to a wider audience.
today
Perfume
Appointments
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