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Business

Adidas to hire more than 2,800 new employees worldwide in 2022

Adidas to hire more than 2,800 new employees worldwide in 2022

German sportswear maker Adidas said on Wednesday it plans to hire more than 2,800 new employees in 2022, across 307 of its sites in 47 countries globally. 
Fashion
Business
Savage X Fenty inks $125 million investment, opens first retail store in Las Vegas

Savage X Fenty inks $125 million investment, opens first retail store in Las Vegas

Rihanna's Savage X Fenty has reportedly raised $125 million in a Series C funding round, thanks to investments from a consortium of private equity firms, led by Neuberger Berman. 
Fashion
Retail

Klarna launches physical payment card in UK

​Personal finance platform Klarna has launched its own payments card in the UK, “empowering consumers with greater control, transparency and choice over how they pay”, the company said Wednesday.
Fashion
Business

Victoria's Secret sells stake in China business for $45 million

Victoria's Secret & Co said on Tuesday it will sell a 49% stake in its China business to a Hong Kong-based lingerie maker for $45 million in cash, aiming to boost sales with the help of a local partner.
Fashion
Business

Design

CFDA introduces interim member tier

CFDA introduces interim member tier

The Council of Fashion Designers of America (CFDA) announced this week the launch of a new interim membership tier, along with its inaugural 22 interim members. 
Fashion
Design
Paris Couture Day Three: Jean-Paul Gaultier Haute Couture by Glenn Martens; Elie Saab; Valentino and Zuhair Murad

Paris Couture Day Three: Jean-Paul Gaultier Haute Couture by Glenn Martens; Elie Saab; Valentino and Zuhair Murad

In a business couture day in Paris, FashionNetwork.com caught up with the contrasting visions of fashion by Jean-Paul Gaultier Haute Couture by Glenn Martens; Elie Saab; Valentino and Zuhair Murad.
Luxury
Catwalks

Arturo Obegero, Alled-Martinez, and Oteyza: menswear with a Spanish twist

The trio representing Spanish design blended traditional elements with adolescent irreverence during this Paris Fashion Week Men's.
Luxury
Design

Parisian brand Gunther declares its love for New York City

Naomi Gunther’s three-year-old brand, a favorite of rappers, is seeking to consolidate its position in the luxury streetwear market through its presence during Paris Fashion Week. 
Fashion
Catwalks

Appointments

Hermès appoints Gregoris Pyrpylis as creative director of beauty products

Hermès appoints Gregoris Pyrpylis as creative director of beauty products

The luxury label has recently named Greek make-up artist Gregoris Pyrpylis as creative director of Hermès Beauty, the make-up line launched by Hermès in March 2020.
Beauty
Appointments
Boohoo Group names JD Sports exec as new Debenhams CEO

Boohoo Group names JD Sports exec as new Debenhams CEO

Debenhams has a new CEO. The Boohoo Group-owned online department store retailer has lured JD Sports Fashion multichannel chief to its top post.
Fashion
Appointments

Nike's SNKRS head Ron Faris to lead new Virtual Studios

U.S. sportswear giant Nike has appointed its SNKRS vice president, Ron Faris, to lead its Virtual Studios, a new division for the company that supports its latest push into the metaverse.  
Fashion
Appointments

Mango’s founder creates a board of directors for his real estate company, Punta Na

Isak Andic, founder of the Spanish retailer Mango, creates a board of directors for Punta Na and appoints himself as chief executive. His children Jonathan, Judith, and Sarah Andic will also form part of the board.
Fashion
Appointments

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