Articles by Rachel Douglass
Elite World Group to launch avatar models in collaboration with Igoodi
23 Sept 2022 - Business
Fashion talent management company Elite World Group (EWG) has announced it will be introducing photorealistic 3D avatars to its offer in collaboration with Italian avatar firm, Igoodi. The metaverse-based tool, which utilises Web3 technology, aims to create avatars that portray a lifelike digital version of a physical person. The feature...
Made.com up for sale months after acquiring fashion marketplace Trouva
23 Sept 2022 - Business
British homeware retailer Made.com has announced it will be undergoing a formal sale process as its board of directors decided to withdraw its full-year guidance. The news comes just months after the e-commerce platform announced its intention to acquire London-based fashion marketplace Trouva. According to a stock exchange release, a number of...
L’Oréal to acquire American skincare brand Skinbetter Science
23 Sept 2022 - Business
Beauty conglomerate L’Oréal has revealed it has signed an agreement to acquire Skinbetter Science, a medical-dispensed skincare brand focused on dermatological science. At its headquarters in Arizona, US, the brand’s leadership team will continue to run the business following its acquisition. It will be integrated under the leadership of...
Harrods launches beauty loyalty programme
23 Sept 2022 - Business
Harrods has announced the launch of a new loyalty programme specifically curated for its beauty customers. MyBeauty, which comes as part of Harrods Rewards, will allow members to access a number of benefits, including earning points on beauty products, event invites and exclusive promotions throughout the year. The reward programme is tailored...
Selfridges extends partnership with kidswear resale platform into new stores
23 Sept 2022 - Retail
Selfridges has announced it will be extending its partnership with Kidswear Collective, a pre-loved kidswear consignment platform, to bring it into its other locations. In March 2020, the retailer first opened the resale offer as a three-month pop-up in its Oxford Street flagship store’s kidswear department. The partnership was initially...
Burberry COO and CFO to step down
23 Sept 2022 - Business
Luxury brand Burberry has announced that its chief operating and financial officer Julie Brown has notified that board of her intention to step down. From the closure of its current financial year on April 1, 2023, Brown will be leaving the company after a six year stint to take on an opportunity outside of the luxury industry, the British brand...
Felix Muennich to join Mammut as CCO
23 Sept 2022 - Business
Outdoor clothing company Mammut Sports Group has announced the appointment of Felix Muennich as its new chief commercial officer, effective November 1. Muennich joins the group from Nike, where he served in several positions over the course of 12 years, including vice president, general manager direct inline stores EMEA. He has also been with...
Revolution Beauty calls in independent investigators amid audit failures
23 Sept 2022 - Business
Following the announcement regarding its delayed financial report, Revolution Beauty has stated that it will now be calling in independent external advisors to investigate its audit failures. It comes as its auditors, BDO LLP, raised “serious concerns” within its work on the fiscal year 2022 audit, including the group’s ability to provide...
Activist shareholder calls for removal of Kohl’s chairman and CEO
23 Sept 2022 - Business
Ancora Holdings Group, a long-term shareholder of Kohl’s Corporation, has sent a letter to the department store group calling for its chairman, Peter Boneparth, and its CEO, Michelle Gass, to be removed. The letter, addressed to the company’s board of directors, comes as a response to Kohl’s continued “underperformance” throughout 2021, during...
Matchesfashion appoints new chief commercial officer
23 Sept 2022 - Business
UK luxury retailer Matchesfashion has announced the appointment of Carl Tallents as its new chief commercial officer, effective from October 2022. “I am incredibly excited to welcome Carl to the team and look forward to working together,” said Nick Beighton, CEO of the company, in a release. Beighton continued: “Carl is a fantastic addition to...