Business

H&M, Next and Boohoo, three takes on the post-pandemic fashion industry

After a year worth of pandemic-driven lockdowns, reduced hours, flaky supply chain and evolving consumer needs, the main fashion industry players are sharing their financial updates and forecasts for the upcoming months. FashionUnited takes a look at what H&M, Next and Boohoo have to say regarding the immediate future of their business. Last...

11 hours ago

Business

JD Sports acquires British menswear retailer Oi Polloi

UK sportswear giant JD Sports is reportedly continuing its acquisition spree following news it has snapped up Manchester-based menswear boutique Oi Polloi. JD Sports bought the Northern Quarter store and online assets of the cult brand earlier this year - and chairman Peter Cowgill has become a company director, according to filings seen by The...

11 hours ago

People

PacSun names new co-CEOs and president

US fashion retailer PacSun has reshuffled its leadership team with the announcement of two new co-CEOs and a new president. The California-based company has named its president Alfred Chang and interim CEO of PacSun-owner PSEB Group Michael Relich as new co-CEOs. Chang has held multiple senior positions since joining the company in 2006, and...

12 hours ago

Business

Authentic Brands Group and SPARC to acquire Eddie Bauer

Authentic Brands Group (ABG) and SPARC Group have signed a definitive agreement to purchase Eddie Bauer, the American outdoor brand, from PSEB Group, an operating company owned by Golden Gate Capital. The company said in a release that ABG will own Eddie Bauer’s intellectual property and the brand’s core operating business will become a part of...

17 hours ago

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