Boohoo Plans to Raise £35 Million as Retailer Talks With Lenders
The online clothing retailer is seeking to raise £35 million in equity and amend debt covenants in an attempt to turn around the business.
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Latest News & Analysis
News & Analysis
Victoria’s Secret CEO Resigns, With L Brands’ Chief Taking Reins
Sharen Jester Turney, who has run Victoria’s Secret for the past decade, is stepping down from the L Brands Inc. division, leaving chief executive officer Les Wexner directly in charge of his company’s biggest business.
Victoria’s Secret CEO Resigns, With L Brands’ Chief Taking Reins
Sharen Jester Turney, who has run Victoria’s Secret for the past decade, is stepping down from the L Brands Inc. division, leaving chief executive officer Les Wexner directly in charge of his company’s biggest business.
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The News in Brief
Luxury Stocks Buffeted By Hedge Fund Positions, Market Volatility
LVMH and Kering are navigating sharp share price swings stoked by hedge fund bets and AI-rattled markets.
Quince Appoints First Head of Brand Strategy and Narrative
Dakota Kate Isaacs, a longtime Deciem director, will work to deepen Quince’s emotional connection with consumers and to minimise its reputation as a seller of dupes.
Comme des Garçons Perfumer Christian Astuguevieille Has Died
The perfumer created signature scents like Amazingreen and Concrete in partnership with founder Rei Kawakubo.
Elle Launches African Edition with Naomi Campbell Cover
Publisher Lagardère has partnered with Innsaei Sarl to introduce a fashion magazine for French-speaking markets on the continent including Benin, Cameroon, Côte d’Ivoire, Gabon and Senegal.
Kering and Coty in Discussion to Sell Gucci Beauty Licence to L’Oréal
L’Oréal CEO Nicolas Hieronimus said on Friday the French beauty giant would welcome gaining access to the Gucci licence earlier than 2028, as Gucci-owner Kering and current licence holder Coty discuss the issue.
Hermès CEO Says Epstein Targeted Him During LVMH Battle
Axel Dumas, an heir to one of Europe’s biggest fortunes, said Jeffrey Epstein met with him once despite the Frenchman’s efforts to avoid him.
Lululemon Faces Second See-Through Leggings Issue in Less Than a Month
A new pair of leggings is being called out for being see-through when wearers bend or squat, adding to the activewear maker’s challenges.