Foot Locker has made a strategic investment of $15 million in Series A funding in luxury women's active marketplace Carbon38. Brands sold on the site include Alo Yoga, Adidas by Stella McCartney, and Beyoncé's Ivy Park.
Stradivarius will add to its international portfolio with the opening of a new store in London this spring. The new store will open at Westfield White City, joining other Inditex brands including Bershka and Zara.
The British retailer has announced that its current CFO Nick Wharton plans to leave the business after two years in the role. He will be succeeded by Ed Barker, who served as Sainsbury's CFO before joining Superdry.
Nike Inc's shares surged to a two-year high on Friday after two Wall Street brokerages said the footwear maker's profitability would soon reap the benefits of its recent move to sell directly to consumers.
It’s a right of passage for any proper fashion brand, especially if it is Italian. At some point the designer has to dress a serious professional football team; and the latest link up is between Diesel and AC Milan.