On June 1, Hubert Hinterseher will take over from Michael Lämmermann, the German sport group’s CFO since 2013. Arne Freundt, currently head of EMEA, has instead been promoted to the post of chief commercial officer.
UK supermarkets giant Sainsbury’s has announced that former John Lewis MD Paula Nickolds is to join the business in June as General Merchandise and Clothing Commercial Director and become a member of its operating board.
In a further sign of how important environmental, social, and governance-linked (ESG) issues are these days, lifestyle retailer Joules has announced a renewal of its funding deal with a strong ESG element included.
Gym+Coffee is flexing for expansion and improved visibility. The Irish athleisure brand has hired the Mongoose marketing agency “to raise awareness of the brand and build on its global community in Europe”.
E-tail giant Zalando swung to a profit in Q1 and is expecting general merchandise value growth of up to 36% this financial year after a stellar start to 2021 in which GMV grew as much as 55.6% to €3.2 billion.
Vetements has increased its number of trademark applications for using ‘VTMNTS’. The information, released by The Fashion Law, reignited debates on the evolution of the ‘street couture’ brand, which is seeking a renewal.
The trade event dedicated to the wedding world, organized by Fira de Barcelona, has cancelled its June edition due to the travel restrictions affecting 75% of its participants. The event may be held later in the year.
The American luxury resale platform has teamed up with brands including Jacquemus and Stella McCartney to launch ReCollection, an upcycling project repurposing defective items or dead stock from these labels.