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Management

The Brand Group acquires British label Roksanda

London-based luxury womenswear brand Roksanda has been acquired by The Brand Group (TBG), a global consumer-driven brand development and operating business headed up by fashion entrepreneur and brand builder Damian Hopkins. In a statement, TBG said that its acquisition of popular London Fashion Week label Roksanda is part of its new growth...

Management

Canada Goose names Haider Ackermann as creative director

Luxury outerwear brand Canada Goose has named Colombian-born French designer Haider Ackermann as its first-ever creative director to “shape” its future products and “elevate the brand’s creative aesthetic”. In a statement, the luxury parka brand said that Ackermann will be based in Paris and work alongside chairman and chief executive officer...

Management

Burberry forecasts challenging H1 ahead

Burberry’s revenue for FY24 remained flat at CER and declined 4 percent reported to 2,968 million pounds, while comparable store sales were down 1 percent offset by a challenging second half year performance, down 8 percent. Adjusted operating profit fell 25 percent CER and 34 percent reported, while adjusted profit before tax was 383 million...

Management

Sharp decline in wholesale impacts Geox results

Geox reported first quarter sales of 193.6 million euros, down 13.5 percent or 11.7 percent at constant exchange rates due to the performance of the wholesale channel and franchising, partially offset by the positive trend of the digital DOS channel. Considering the uncertain geopolitical and macroeconomic short-term scenario, the company...

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