Management

Macy's banks on turnaround, ups earnings forecast

For the first quarter, Macy’s diluted earnings per share were 22 cents and adjusted diluted earnings per share were 27 cents compared to 56 cents in the same quarter of 2023. Net sales of 4.8 billion dollars were down 2.7 percent, comparable sales were down 1.2 percent on an owned basis and down 0.3 percent on an...

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Fashion

Global Fashion Agenda unveils 15-year strategy for net positive fashion by 2050

Marking the 15th anniversary of the pioneering Global Fashion Summit, Global Fashion Agenda (GFA) has unveiled a special edition of its Fashion CEO Agenda, a strategic guide designed to help fashion organizations achieve a net positive impact by 2050. Aligned with the 2024 Global Fashion Summit theme, 'Unlocking the Next Level,' this year’s...

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Fashion

Pull&Bear announced as principal sponsor of BFC Newgen

The British Fashion Council (BFC) has announced Inditex-owned Pull&Bear as the Principal Partner for its Newgen initiative, which supports emerging fashion designers through financial aid, showcasing opportunities, and mentorship. The collaboration, initially set for 12 months, aims to nurture the next generation of global, responsible fashion...

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Fashion

Chopova Lowena wins 2024 BFC/Vogue Designer Fashion Fund

The British Fashion Council has named London-based womenswear brand Chopova Lowena as the 2024 BFC/Vogue Designer Fashion Fund winner. Founded by Central Saint Martins graduates Emma Chopova and Laura Lowena in 2017, the label has become known for its British and Bulgarian craftsmanship by juxtaposing folklore references and sportswear, as well...

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