Business

After strong Q3, TJX raises earnings outlook

The TJX Companies net sales for the third quarter were 14.1 billion dollars, an increase of 6 percent, while comparable store sales increased by 3 percent. Net sales for the first nine months were 40 billion dollars, an increase of 6 percent with comparable store sales increase of 3 percent. Net income for the quarter was 1.3 billion dollars and...

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Fashion

Nature-positive: Kering establishes new environmental benchmarks

As luxury manufacturing becomes increasingly scrutinised for its processes, Kering has emerged as a vanguard in environmental strategy, becoming one of the first global fashion conglomerates to establish scientifically validated targets for nature conservation. The Paris-based group, which operates brands such as Bottega Veneta, Gucci and...

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People

Salomon names Guillaume Meyzenq as president and CEO

Amer Sports, Inc., which owns sports and outdoor brands, including Arc’teryx, Peak Performance and Wilson, has appointed Guillaume Meyzenq as the new president and chief executive for French outdoor and sports brand Salomon. Meyzenq, who is currently chief product officer for Salomon, will take up his new role effective January 1, 2025, and...

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Fashion|In Pictures

Uncaged Innovations collaborates with indie brands to showcase bio-based leather alternative

American biomaterial company Uncaged Innovations has partnered with 10 indie fashion brands to launch Elevate to bring to market its new bio-based luxury leather alternative, Elevate. As part of ‘The Uncaged Collective,’ the emerging next-gen leather company, gave 10 brands from nine countries, including the UK, US, Germany, Argentina, Mexico,...

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