Macy’s Inc reported a staggering $3.58 billion loss on Wednesday for its coronavirus-hit first quarter as store shutdowns resulted in the department store chain recording a $3 billion impairment charge.
The three stripes brand and the NGO Parley for the Oceans are celebrating the fifth anniversary of their partnership with several initiatives to limit marine pollution and put an end to the global plastic crisis.
To support Black people working in fashion and beauty, the council will form an equality index score that will provide benchmarking around corporate policies and practices pertinent to the inclusivity of Black employees.
Through the program, this year's round of 50 women entrepreneurs will receive year-long programming, a $5,000 business education grant and access to an online community of support through the Tory Burch Fellows Program.
German fashion house Hugo Boss has appointed Oliver Timm as its chief sales officer with effect from Jan. 1, 2021, just weeks after it hired former Tommy Hilfiger boss Daniel Grieder as its next chief executive.
L'Oreal 's Chairman and Chief Executive Jean-Paul Agon said on Tuesday he expected the cosmetic group's nominations committee to propose a candidate to succeed him by the autumn as his mandate expires.
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