Stitch Fix Inc. announced on Tuesday sales for the fiscal year 2022 dipped by 1.4% to $2.1 billion, on the back of a double-digit sales plunge in the fourth quarter, hurt by a drop in active customers.
IKKS’ deputy general manager Valérie Dassier is taking over over at MF Brands-owned Aigle. She will be tasked with developing the company, which since 2021 has been evolving environmentally and socially.
Antitrust authorities may assess whether companies comply with EU data protection rules during their investigations, an adviser to Europe's top court said on Tuesday, dealing a possible blow to Meta Platforms.
Nordstrom Inc has adopted a "poison pill" to prevent investors from amassing 10% or more of its shares, the company said on Tuesday, just days after a Mexican retailer built a stake in the luxury department store chain.
John Lewis has appointed at big-hitter to take on the role of its all-new product director for lifestyle, covering fashion and home. It said hiring Zoe Matthews represented a “step-change in our business”.
Nearly New Cashmere Co is taking a big step in promoting sustainability and ‘Second-hand September’. The luxury fashion brand is set to host two pop-up ‘stalls’ at John Lewis stores in London and Greater Manchester.
Mike Ashely, the founder of Sports Direct and latterly The Frasers Group, is to relinquish his directorships in the business. As a departing gesture, he will provide the group with an additional £100m in support funding.
Grocery delivery app Instacart Inc plans to focus on the sale of employees' shares in its U.S. initial public offering and does not intend to raise much capital for the company, the Wall Street Journal reported.