Business|CEO Interview

Toms' next chapter: CEO Jessica Alsing discusses brand resurgence and global market expansion

Earlier this year, Toms found its new chief executive in Jessica Alsing, the first woman to helm the global footwear brand. Her appointment marked the beginning of a new phase defined by growth, innovation and a renewed take on philanthropic giving, the latter a core pillar in the brand’s legacy. Upon her appointment, Alsing underlined a focus...

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Retail|In Pictures

Gymshark unveils debut New York flagship

British gym and fitness apparel brand Gymshark has released the first images of its New York City flagship store, set to open its doors on Saturday, December 13, which marks the brand’s biggest store in the US, following its store at Roosevelt Field shopping centre in Long Island, New York, in October. Located at 11 Bond Street, the 13,000...

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Destination XL merges with FullBeauty as quarterly losses widen

Destination XL Group (DXL) has announced its intention to merge with FBB Holdings I, Inc. (FullBeauty) to create a “scaled, category-defining retailer for inclusive apparel”. The news comes as the commerce retailer of Big + Tall men’s clothing reported widening losses in the third quarter, with consumers said to be shopping less frequently. DXL...

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Lululemon CEO Calvin McDonald to step down amid U.S. challenges

Lululemon Athletica simultaneously announced its third quarter fiscal 2025 financial results and a major leadership transition, confirming that Calvin McDonald plans to step down as chief executive officer and a member of the board of directors, effective January 31, 2026. The board has commenced a comprehensive search for a new CEO. The...

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