People
Iconic LA fashion retailer Fred Segal dies aged 87
Iconic LA fashion figure and founder of his eponymous retail chain, Fred Segal, has died at the age of 87. He died on Thursday from complications from a stroke, a publicist announced, according to The Hollywood Reporter. Segal opened his first eponymous store in 1961, a 350-square-foot space on Santa Monica Boulevard in West Hollywood. He then...
2 hours ago
Business
Global Fashion Group turns profitable in 2020
Global Fashion Group S.A. (GFG) has announced its target of becoming a 10 billion euros NMV business in the next seven to nine years. In the fourth quarter, GFG delivered NMV of 594.5 million euros, up 28.9 percent driven by accelerated customer acquisition and a significant increase in orders across all markets. In fiscal 2020, GFG’s NMV...
3 hours ago