Select is likely to enter administration this Thursday and propose another company voluntary agreement in a bid to save the business from collapse. 2,000 jobs are at risk and store closures could be on the cards.
Maison Lejaby could be about to change owner. Stéphane Collaert and Thierry Le Guénic, owners of Chevignon, have teamed up with Isalys and private equity firm SIG to buy a 100% stake in the label from Impala.
JD Williams, Simply Be and Jacamo owner N Brown made a major loss in the latest year as its decision to exit its physical stores put pressure on the bottom line. But it also announced key strategy changes.
The New York-based owner of Calvin Klein, Tommy Hilfiger, Van Heusen and Speedo, among others, announced on Tuesday that it has entered into a men’s underwear licensing agreement with sportswear giant Nike.
Japanese online fashion retailer Zozo said it expects its profit to recover in the current fiscal year, after its first-ever annual drop in earnings on a failed experiment with bespoke tailoring and clashes with brands.
In addition to announcing a 48% surge in revenue for the year ended February, British e-tailer revealed on Wednesday that Brian Small is to join its board as an independent non-executive director with immediate effect.