Business

Burberry posts Q4 comparable sales growth driven by Asia Pacific and Americas

Burberry’s retail sales declined 9 percent at both CER and reported exchange rates, while wholesale declined 17 percent at CER and reported exchange rates in the year with a good recovery in the second half. In total, the group saw revenue down 10 percent at CER and 11 percent at reported exchange rates to 2,344 million pounds. Comparable store...

2 hours ago

Business

Hearst sells Marie Claire US to Future Media

Marie Claire Magazine US has been acquired by London-based Future Media, Plc. Up until now, the publishing rights for the online and print edition of Marie Claire US were divided between Marie Claire Group International and international publishing group Hearst Magazines, via a joint venture. Future Media will now own 100 percent of the joint...

18 hours ago

Retail

A brand is a promise, and you have to fulfill that promise, says Jaclyn Smith

Jaclyn Smith was a pioneer in the world of celebrity clothing lines. She signed with Kmart in 1985 to create apparel and accessories and the line still resonates with consumers today, holding firm as one of the retailer’s most reliable brands. Meanwhile other celebrity lines have come and gone––Sarah Jessica Parker, Miley Cyrus, Avril Lavigne,...

11 May 2021

Fairs

IMG announces Afterpay partnership for NYFW: The Shows

Buy-now-pay-later payment service Afterpay, known as Clearpay in the UK, is partnering with another fashion week, NYFW: The Shows, adding to its commitments with London Fashion Week and Australian Fashion Week. During an online presentation, IMG said that Afterpay had signed up as a multi-year presenting partner, beginning with September 2021,...

18 hours ago

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