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Puma plans job cuts as US demand weakens, outlook dims

Inside Retail

Chief financial officer Markus Neubrand announced plans to cut 500 jobs worldwide and close some unprofitable stores as part of a cost-cutting plan. at 1246 GMT, a level not seen since November 2016. The post Puma plans job cuts as US demand weakens, outlook dims appeared first on Inside Retail Australia.

Planning 130
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Burberry names new CEO

Inside Retail

Akeroyd has served at Versace as CEO since June 2016, helping the brand reorganise and accelerate its growth. Prior to Versace, he was CEO at Alexander McQueen from 2004 to 2016. Akeroyd has also held several senior fashion roles at London-based luxury department store Harrods. “I

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Farm Rio CEO Fabio Barreto on how the brand’s bold approach is winning customers

Inside Retail

The brand has no plans to stop there. Barreto said the brand plans to catch up with its fashion peers that derive at least 30 percent of business from bags, footwear and additional accessories, which currently account for about 5-10 percent of Farm Rios business.

Fashion 130
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Freshly Cosmetics announces launch of its first flagship beauty store in the UK

Retail Focus

Consumers will be immersed into a bright, light, open-plan shopping environment with products clearly visible to make the shopping experience effortless and enjoyable. . Shoppers will be able to browse and buy products for skin, hair, body as well as make-up, accessories and collections for kids and pets. .

Texture 223
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First Nations artists, Pride and mental health: Volley talks collabs

Inside Retail

that Volley was “legitimately dying” in 2016, before it started working to appeal to a younger audience, and gaining further exposure through brand collaborations and images of recognised artists and celebrities, such as Faye Wong, wearing its shoes. In 2019, Volley’s brand manager John Szwede told News.com.au

Artistic 244
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Online fashion label ORTC Clothing Co opens first physical store

Inside Retail

Under the partnership with Adelaide-based interior designer, Georgie Fried of Alchemists ID, the store is located on The Parade and boasts three open-plan spaces. ORTC Clothing Co, founded in 2016, provides a diverse range of clothing for children and women. Swale adds the brand is eyeing other expansions in the future. .

Fashion 246
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How rugby, data and French ban on swim shorts has boosted Budgy Smuggler

Inside Retail

Rather, the Australian swimwear company – which also has an accessory and apparel line – has big plans at home and abroad. The move represents an additional step for the swimwear company’s expansion plans, after setting up a UK-based operation in 2016.