Baird Group gets green light for CVA
Baird Group, the license holder of brands Suit Direct and Ben Sherman, has received approval from its creditors to go ahead with a company voluntary arrangement (CVA). The vote saw around 94 percent of all voting creditors choosing to approve the CVA, which was put forward on 23 July 2020. Mark Cotter, CEO of Baird Group, said in a statement: “...
4 hours ago
Brendan Hoffman joins Wolverine Worldwide as President
Wolverine World Wide, Inc. has announced the appointment of Brendan Hoffman as its next President and his appointment as a member of its board of directors, both effective on his expected start date of September 8, 2020. Hoffman, the company said in a statement, will report to Blake W. Krueger, Wolverine Worldwide’s current Chairman, CEO and...
7 hours ago
Canada Goose posts Q1 loss as Covid-19 disruptions hit performance
Total first quarter revenue at Canada Goose Holdings Inc. was 26.1 million Canadian dollars compared to 71.1 million Canadian dollars in the same quarter last year. The company said in a statement that DTC revenue decreased to 10.4 million Canadian dollars from 34.8 million Canadian dollars, driven by temporary store closures and reduced store...
1 day ago
Adidas names Thomas Rabe as Chairman of the supervisory board
Adidas Ag has appointed Thomas Rabe, Chief Executive Officer of Bertelsmann, as Chairman of the company’s supervisory board. The company said in a statement that he will succeed Igor Landau, whose supervisory board mandate expired after 16 years at the end of the annual general meeting on August 11, 2020. Commenting on his new role, Rabe said: “...
1 day ago
Selfridges to launch first designer rental collection
Selfridges has partnered with Hurr Collective to launch its first ever designer fashion rental collection. There are over 100 pieces in the collection from more than 40 brands and rentals will be available for 4, 8, 10 or 20 days, at discounted prices from the designer’s recommended retail price (RRP). The new rental service is also involved in...
2 hours ago
Re/Done expands sneaker line
Los Angeles-based luxury fashion label Re/Done is expanding its line of heritage-inspired sneakers with their newest silhouette, the 70s Runner. In line with their ethos of bringing cult classics back to life, the 70s Runner is a modern reinvention of the nylon running sneakers of the 1970s, and have been designed to evoke “a sense of nostalgia,...
6 hours ago