J.C. Penney Co on Friday reported a smaller-than-expected quarterly loss as it sold more diamond jewelry and denim clothing, showing efforts to revive sales and profits at the department store are taking hold.
A matter of days after the confirmation of a collaboration between Prada and Adidas, the worlds of luxury and sneakers may be coming together once again, via a Jordan 1 signed by Dior, rumored to be released next June.
The Hong Kong-based apparel, footwear and brand management company announced on Thursday that it has made significant progress in reducing its net loss as it continues to push forward with aggressive restructuring.
A collection by the students and artisans backed by the foundation will go on sale in mid-2020 on Yoox, Net-A-Porter, Mr Porter and The Outnet, and the proceeds will fund some of the foundation’s charity work.
The chairman of consumer goods giant Unilever said on Wednesday he is stepping down after three years in the role. He will hand over the reins to Nils Andersen, but will remain on the board as a non-executive director.
Tiger of Sweden has had its challenges in recent periods but it’s looking forward to a brighter future and on Monday, the Swedish company named Linda Dauriz as its new CEO, effective from the beginning of next month.