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Retail

US Retail Sales Dip 0.22% in February Despite Year-Over-Year Growth

Retail spending across the US may have declined on a monthly basis last month as concerns over tariffs increase, but continued to grow year over year as the economy holds steady, according to the latest CNBC/National Retail Federation (NRF) Retail Monitor. Total retail sales (minus automobiles and gasoline,) dropped 0.22 percent (seasonally...

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People

Jil Sander: Who is the new creative director Simone Bellotti?

On Monday, Renzo Rosso, founder of Diesel and the Otb Group, named Simone Bellotti as the next creative director to Jil Sander. Driven by an intuition that previously led him to appoint John Galliano for Maison Margiela, Francesco Risso for Marni, and Glenn Martens for Diesel, and then for Margiela, this entrepreneur with a creative spirit and...

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Business|In Depth Member

Multiply Group: Who is the new owner of Tendam, and how will it boost its value?

Madrid – The Spanish fashion scene, and potentially the international fashion scene, was shaken on February 25, 2025, following the unexpected announcement and official confirmation that Emirati company Multiply Group had become the new dominant shareholder in Tendam Group. The Spanish fashion multinational, which owns chains such as Cortefiel,...

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BusinessMember

Boohoo rebrands as Debenhams Group, appoints Phil Ellis new CFO

British online fashion retailer Boohoo announced on Tuesday that it is rebranding itself as Debenhams Group, marking a significant shift in its business strategy. Alongside the rebranding, the company appointed Phil Ellis as its new chief financial officer (CFO). The decision follows a successful turnaround of the Debenhams brand, which Boohoo...

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