Business

WHP Global plans acquisition of Guess

A Guess store Credits: Guess The US fashion company Guess Inc. could soon have a new majority owner. On Monday, the apparel retailer announced it had received a non-binding acquisition proposal from the US brand management firm WHP Global LLC. The prospective buyer, whose portfolio already includes brands like Vera Wang, G-Star, and Lotto, is...

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Business|Interview Member

LuisaViaRoma Buying Director: “We need to rethink and refocus luxury as a dream“

The Fashion Week season for autumn/winter 2025 is drawing to a close. The big shows from New York to Paris are over and now it's time to see which trends will make the leap from the catwalk to the shops. Marta Gramaccioni recaps the season. In this interview, the Buying Director of LuisaViaRoma reveals her FW25 highlights, how the Italian...

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Hudson's Bay moves towards liquidation due to financial challenges

Canadian retail group Hudson's Bay Company, North America's oldest corporation, which includes retail company Hudson’s Bay, comprising 80 stores and TheBay.com, will begin a store-by-store liquidation process as early as this week after failing to secure sufficient financing to proceed with a restructuring plan. The Toronto-based department...

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Business|Opinion Member

Kering’s Gucci faces investor doubts after Demna appointment

Kering’s long-anticipated announcement of Demna as Gucci’s new artistic director was met with a tepid response from investors, falling short of the market confidence the luxury conglomerate had likely hoped for. Shares in Kering closed 10 percent lower on Friday, underscoring concerns that the appointment alone is not enough to signal a decisive...

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