Business

Superdry outlines wider restructuring plan to avoid insolvency, confirms store closures

Superdry is calling on its shareholders to vote for its Capital and Restructuring Measures in a bid to avoid a possible insolvency and allow the company to “return to a more stable footing” while accelerating its turnaround plan. The latest news builds on the plan outlined by the British retailer earlier in April, which centred around the...

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People |Jewellery

Tabayer appoints Maxim de Turckheim as CEO of global business

US independent fine jewellery brand Tabayer has named Maxim de Turckheim its new chief executive officer of global business, with immediate effect. The appointment comes as Tabayer continues to solidify its position as a leader in the luxury jewellery market, with the brand adding that De Turckheim’s expertise in global market fairs, strategic...

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Business

VF names new CFO amid turnaround efforts to boost sales

Fourth quarter revenue of 2.4 billion dollars at VF Corporation, was down 13 percent with The North Face down 5 percent, brand DTC up 6 percent or 7 percent in constant dollars, with ongoing weakness in US wholesale. FY24 revenue of 10.5 billion dollars, was down 10 percent or 11 percent in constant dollars. The company also announced the...

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Business

Digital Product Passport: new guide by TrusTrace unlocks the Why, What and How

“I got into fashion because I love numbers and data …” said nobody, ever, as pointed out by the new digital product passport (DPP) playbook, launched by TrusTrace, a platform for supply chain traceability and compliance, and written by about a dozen subject matter experts. However, the European Parliament adopted the Ecodesign for Sustainable...

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