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Aesop CEO Michael O’Keeffe to depart after more than 20 years

Inside Retail

According to the report, O’Keeffe has other investments through his family office, including a 30 per cent stake in UK fashion brand Sunspel. Brazilian company Natura & Co acquired a 65 per cent interest in the brand in 2012 for US$71.6 The brand also has a growing market share in Korea and China. billion) in April last year.

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Ethical fashion label Arnsdorf closes

Inside Retail

Ethical fashion label Arnsdorf has announced it will close down and has commenced a sale with markdowns to run out its inventory. Arnott temporarily closed the company in 2012 and relaunched it in 2016. The post Ethical fashion label Arnsdorf closes appeared first on Inside Retail Australia.

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As Gen Z Enters Prime Spending Years, Brands Sharpen Their Pitch

Retail TouchPoints

They’re Gen Z, born between 1997 and 2012 and comprising 20.69% of the U.S. Coachtopia has developed a scalable model for reusing leather and other materials to create standout fashion items. population — just a bit fewer than Baby Boomers ( 20.93% ) and the largest current group, millennials ( 21.71% ), according to Statista.

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How the Olympics are fuelling the big business of fake fashion

Inside Retail

Fake fashion is big business. The raid in the world’s fashion capital bears some similarity to clean-ups carried out by previous Olympic hosts like Beijing in 2008, which had mixed results, as well as London in 2012 and Rio in 2016. Counterfeit branded clothing alone is estimated to have cost companies in France 1.7

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How a mother-daughter duo built India’s beauty empire Nykaa and what comes next

Inside Retail

When Adwaita Nayar co-founded Nykaa alongside her mother, Falguni Nayar, in 2012, India was a conspicuous outlier in the global beauty landscape. But perhaps its most remarkable achievement lies in something harder to quantify: transforming not just how Indians shop for beauty and fashion but how they think about it.

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Luxury Veteran Named Michael Kors CEO, Preps to Move into Top Spot at Parent Company Capri in 2022

Retail TouchPoints

His results-driven leadership style and passion for building consumer-centric global brands will be instrumental in maximizing the full potential of our three luxury fashion houses,” Idol said in a statement. Capri Holdings has uniquely positioned itself as a leading global fashion luxury group,” he added. “I

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

Inside Retail

True Religion is just the latest in a wave of popular, Y2K-era fashion labels experiencing a revival at the moment. By 2013, the company reached peak profit, when it hit $490 million in revenue, after nearly tripling sales between 2007 and 2012. It was one of the top players in the denim retail boom of the early 2000s.

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