
In April, Volcom was sold by Kering to a pool of investors including the US brand’s management. It has ambitious plans for the future, as Todd Hymel, CEO of Volcom’s new owner Liberated Brands, told FashionNetwork.com.
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In April, Volcom was sold by Kering to a pool of investors including the US brand’s management. It has ambitious plans for the future, as Todd Hymel, CEO of Volcom’s new owner Liberated Brands, told FashionNetwork.com.
Kering, which announced its plans in February 2018 to sell Volcom in order to refocus on luxury, has just officialised the brand's acquisition by Authentic Brands Group.
The two fashion sourcing and logistics giants announced they will be joining forces to set up in Africa “one of the world's largest cross-sector textile and apparel ecosystems.”
The co-founder of the Bread & Butter show will be back on the Berlin show scene in 2019 with a new event, LOCK, spawned from a section of B&B whose market positioning it will replicate.
Jonathan Hewlett has been appointed as the new commercial director of Marc Jacobs from September, after working for Diesel as the brand’s European general manager since 2017.
Millennial shopping is trending towards used clothes, making the resale market grow to an estimated $44B by 2022, says secondhand retailer ThredUp's 6th Annual Resale Report.
The brand development and licensing company confirmed with Fashion Network the acquisition of Hervé Léger. The French fashion house was acquired by Marquee Brands in August 2017 with the BCBG portfolio.
Saks Fifth Avenue, Coach and Kate Spade partner Tulip raised $40 million in funding led by Kleiner Perkins. The mobile app provider plans to put its funding towards international expansion and innovation.
Global Brands announced a new three-year plan and the goal of $5 billion in revenue by 2020. The new plan builds on the company's current fiscal year results that included an 11.6% increase in revenue.
Brand licensor Marquee Brands LLC is leading a consortium that is preparing a bid for BCBG Max Azria Group LLC, which would allow the U.S. fashion house to exit bankruptcy with a footprint of 15 to 20 stores.