People

PVH president Stefan Larsson named new CEO

Tommy Hilfiger and Calvin Klein owner PVH Corp has named its president Stefan Larsson as new CEO, taking over from Manny Chirico who has been in the role since 2006. Larsson joined PVH in June last year in the newly created role of president. In his role he oversaw the company’s branded businesses and regions and reported directly to Chirico....

9 hours ago

Fashion

Dior restarts physical Paris fashion week with a collection for comfort

Dior swaddled its models in cocooning kaftans Tuesday to protect them from an uncertain world, in the first big fashion show staged in virus-hit Paris in nearly seven months. Three hundred masked movers and shakers braved the drizzle to worship at the "cathedral of Dior", as was dubbed the pavilion with stained glass windows the mythic French...

11 hours ago

Retail

Payment by the wave of a hand: Amazon's new biometric system

Amazon on Tuesday unveiled a new biometric payment system using palm recognition, to be made available to rival retailers and also promoted as a replacement for badge entry at stadiums or workplaces. The system called Amazon One was touted as "a fast, convenient, contactless way for people to use their palm to make everyday activities like...

12 hours ago

Business

Boohoo raises full year outlook after strong H1 revenue and profit growth

Boohoo Group revenue for the first half-year increased by 45 percent or 44 percent CER to 816.5 million pounds (1,048.4 million dollar). The company said in a statement that adjusted EBITDA for the period was 89.8 million pounds (115.3 million dollars), an increase of 48 percent, while profit before tax was 68.1 million pounds (87.4 million...

13 hours ago

More News

Retail

Pinterest announces new site tools and UK shopping

Ahead of the Christmas season, Pinterest is adding new shopping tools and advertisers to its platform, and UK users will now be able to shop on its site. The platform is launching ads alongside visual search engines, more places to shop, and new conversion insights which advertisers can benefit from seeing the impact of both their paid and...

6 hours ago

Business

American Eagle Outfitters appoints Steven Davis as an independent director

American Eagle Outfitters appoints Steven Davis as independent director American Eagle Outfitters, Inc. has appointed Steven A. Davis to the company’s board of directors as an independent director, effective October 1, 2020. The company said in a statement, this appointment expands its board to nine directors, including eight independents and...

8 hours ago