Remove 2022 Remove Brand Management Remove Returns
article thumbnail

Forever 21 to Close 200 Stores as it Considers Second Bankruptcy

Retail TouchPoints

Forever 21s Twisting Tale of Bankruptcies and Sales Forever 21s intellectual property has been owned by brand management firm Authentic Brands Group since its first bankruptcy in 2019 , and a second bankruptcy would not disrupt that arrangement. If a buyer is not found, a chainwide liquidation is in the cards. In the U.S.,

article thumbnail

Fashion insiders weigh in on the uncertain future of Australian Fashion Week

Inside Retail

“Originally the event has always been based on trade with a consumer event later, and in the last few years we have seen them merging this and not investing in getting overseas buyers to come to Australia,” Phoebes Garland, co-founder of Garland & Garland, a fashion and lifestyle brand management agency, told Inside Retail.

Fashion 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

WHP, Simon, Brookfield Unite Under Phoenix Retail Banner to Acquire Express

Retail TouchPoints

The new joint venture between brand management firm WHP Global and mall owners Simon Property Group , Brookfield Properties and Centennial Real Estate — formed for the purpose of buying beleaguered mall brand Express, Inc. — now has a name: Phoenix Retail. The partnership transformed Express, Inc. to buy Rag & Bone.

article thumbnail

EssilorLuxottica acquires Supreme from VF: attractive deal or risky move?

Inside Retail

However, as painful as it is, the disposal is correct as VF needs to focus on its core brands without the distraction of Supreme.” million in 2022 to US$523.1 Meanwhile, VF Corp has been struggling to improve the performance of its core brands, all of which posted a decline in revenue in recent quarters. million from US$82.4

Apparel 261
article thumbnail

Analysis: What’s changed since the Farfetch-YNAP deal was first announced

Inside Retail

per cent take in the Richemont-owned luxury fashion e-commerce company Yoox Net-A-Porter, was approved by the European Union, seven months after the UK Competition and Markets Authority gave its stamp of approval, and over one year after the deal was first announced in August 2022. This week, Farfetch’s proposed acquisition of a 47.5

Fashion 246
article thumbnail

Toys ‘R’ Us to Add 30 New UK Shop-in-Shops via Expanded Partnership with WHSmith

Retail TouchPoints

A little less than one year after Toys ‘R’ Us made its return to the world of UK brick-and-mortar via nine shop-in-shops in WHSmith stores, TRU parent company WHP Global has announced plans to expand the partnership and add 30 new locations by this summer.

Shopping 182
article thumbnail

Adrian Cheng’s resignation marks turning point for New World Development

Inside Retail

“A key challenge for the new CEO will be bringing the firm back to a more sustainable debt level and delivering higher returns to shareholders,” Ng added. In a filing, the company announced it would spin off its flagship retail K11 brand management to a newly established company by Cheng for HK$209 million, aiming to reduce operating costs.

Shopping 244