Inside Dior’s New Hamburg Boutique – WWD
Dior has set down roots in the German city of Hamburg. The French label quietly opened the doors to its first store in one of Europe’s wealthiest cities on Friday, with the official opening...
NewStore’s Latest Reseach Looks at Omnichannel Capabilities – WWD
NewStore, the omnichannel cloud platform provider, has released an international edition of the company’s Omnichannel Leadership Report. The new version looked at the omnichannel capabilities of 275 retailers in six key global markets, including...
Trussardi Restructures, CEO Sebastian Suhl and Board Resign, Sources – WWD
MILAN — Trussardi is going through yet another reorganization, according to sources, and the first consequence is the resignation of the entire board of directors. Accordingly, chief executive officer Sebastian Suhl is no longer...
Tod’s Group Returns to Black in 2022, Reports Sales Gains – WWD
MILAN — The Tod’s Group returned to the black in 2022 on the back of a 13.9 percent gain in revenues, prompting chairman and chief executive officer Diego Della Valle to describe the performance...
Retail Sales Step Back, Banking Crisis Looms – WWD
Consumers pulled back in February — the question now is, will the spreading banking crisis keep them from reengaging?
Seasonally adjusted retail and food service sales fell 0.4 percent compared with January, according to the...
Gen Z and Millennials Lean into Emotional Spending – WWD
New survey findings from Credit Karma suggest that young consumers’ shopping behaviors as of late are driven by emotions, not logic, with over a third of Gen Z respondents admitting their emotional spending is...
Amiri, a Los Angeles Luxury Brand, Names New CEO Coming From Burberry – WWD
For nine years, Mike Amiri has been juggling two jobs at the same time.
He has worked both as the chief executive officer and the chief creative officer of his namesake luxury line created in...
Investigation Into Model Jeff Thomas’ Death Opens – WWD
The death of model and art entrepreneur Jeff Thomas is being investigated by the Miami Police Department as a possible suicide.
The 35-year-old died on March 8 in a Miami hotel, which officials declined to...
Shoppers Plan to Splurge on Electronics This Year – WWD
The latest consumer research from 5WPR tapped more than 2,000 households to gauge sentiment on spending. The data revealed where shoppers intend to splurge this year and also looked at where their disposable income...
Lands’ End Reports Q4 Loss – WWD
Lands’ End, the classic all-American fashion brand, fell into the red in the fourth quarter but saw “sequential” improvement each month of the period.
The net loss for the fourth quarter ended Jan. 28...
