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How True Religion aims to be the latest Y2K-era brand to make a comeback

Inside Retail

Michael Buckley, True Religion’s president from 2006 to 2010 and its CEO as of 2019, has previously stated, “This consumer wants a deal. Buckley has commented that the company plans to reach close to $500 million in revenue by 2027. They’re not paying full price. What does that mean exactly?

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Inside Urban Revivo’s strategic leap into the European fashion scene

Inside Retail

Founded in 2006, Urban Revivo has grown into an emerging fashion player across Asia, with more than 400 stores in China, Southeast Asia and, most recently, the US. We plan to replicate this successful operation in the UK and European markets, adapting it to local conditions, she said. Still, Europe is a notoriously tough nut to crack.

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How Mosaic Brands’ rapid expansion led to its devastating collapse

Inside Retail

million in 2006 to a $7.8 Mosaic Brands succeeded in becoming the biggest specialty fashion retailer in Australia but didnt seem to have a business plan to match its ambitions. Alceon acquired Noni B in 2014 at what it no doubt thought was a bargain price of 51 cents a share, valuing the retailer at $16.4 million loss in 2014.

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UNIQLO Sibling Brand GU to Test North American Market With NYC Pop-Up

Retail TouchPoints

The 2,900-square-foot ground floor space will be GU’s first store outside Asia and will offer a selection of on-trend clothing and accessories for men and women. Sharing its FY2023 plans in an April 2022 statement, Fast Retailing, which also owns fashion brand Theory , noted that it was inspired by the strength of the North American market.

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Estée Lauder to Acquire TOM FORD in $2.8B Deal

Retail TouchPoints

Zegna also will hold the license for TOM FORD accessories and underwear. . ELC had entered into a licensing deal to produce the luxury brand’s beauty products in 2006 with luxury fragrance, skincare and makeup categories. ELC will pay $2.3 Marcolin will pay $250 million to ELC when the deal closes.

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Tapestry Gives Interim CEO the Job on a Permanent Basis

Retail TouchPoints

Luxury accessories and lifestyle brand Tapestry has appointed Joanne Crevoiserat as CEO, effective immediately. Additionally, Crevoiserat will be named a member of the Tapestry Board of Directors; Susan Kropf, an independent member of Tapestry’s Board of Directors since June 2006, will continue to serve as Chair of the Board.

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Denim brand Ksubi to open first standalone store in London

Inside Retail

Ksubi, the Australian denim streetwear brand, plans to open three standalone stores on two continents before the end of this year. Next year, the brand will mark its return home to its Australian roots, with stores planned for Sydney and Melbourne. .