Tamara Mellon has put her Brand (TMB) back on the fashion landscape after emerging from a 60-day period of Chapter 11 bankruptcy protection. A US court in Delaware approved plans to restructure her Tamara Mellon Brand, which include a $10m investment from venture capital firm New Enterprise...
Tamara Mellon files for Bankruptcy, gets chapter 11 go ah...
Footwear luminary Tamara Mellon has put her namesake brand into bankruptcy. The founder of Jimmy Choo and now owner of a ready-to-wear and footwear label that bears her name, voluntarily filed for bankruptcy protection from her creditors and plans to exit Chapter 11 in 60 days. According to...
Kate Lanphear To Exit Maxim
Maxim Editor-in-Chief Kate Lanphear is stepping down after little more than a year. The former style director for T magazine joined the lad mag in September of last year with the aim of reinventing it as a men’s lifestyle magazine by finding a more empowering way of celebrating women....
American Apparel files for bankruptcy
Clothing chain American Apparel, filed for Chapter 11 bankruptcy protection early Monday. Over the last one year, the Los Angeles-based company has been in the midst of a turnaround effort. It amassed huge legal bills from lawsuits with controversial founder Dov Charney who was fired in...
Ralph Lauren Steps Down As Ceo Of His Own Company
Ralph Lauren, announced Tuesday that he will step down as chief executive officer from the corporation that bears his name. The American designer named Stefan Larsson, the global president of Gap division Old Navy, to succeed him in the post at Ralph Lauren Corp in November. Lauren will...
Zara Owner Inditex Reports 26% Jump In Half-year Income
Inditex, parent company of Spanish retail behemoth Zara, reported a 26 percent net profit increase for the first half of 2015. In a statement on Wednesday, the world’s largest clothing retailer said that the Net income rose to 1.17 billion Euros in the six months through July, up 17...
Net-a-porter’s Natalie Massenet Quits Ahead Of Yoox...
Natalie Massenet, the founder and chairwoman of luxury online retailer Net-a-Porter has abruptly resigned, halfway through its pending merger with Italian e-commerce group Yoox. Ms. Massenet who worked as a model in Japan before starting her career in journalism at Women’s Wear Daily...
Alexander Wang Opens First European Flagship Store
Following on his exit from Balenciaga just a week ago, Alexander Wang has opened his first European flagship store in London. Located in a former post office on Mayfair’s fashionable Albemarle Street, the 625 square-metre store is his largest flagship store to date and spans three...
Maxim Magazine Launches Swimwear Line
After regularly featuring bikini-clad women in its pages for years, men’s magazine Maxim is getting into the bikini business. Inspired by Brigette Bardot, the line features boho looks (bikinis, one-pieces, and cover-ups) in a variety of styles, including fringe, crochet, paisley,...
Alexander Wang Could Be Leaving Balenciaga
After just over two-and-a-half years at the helm Alexander Wang and Balenciaga might soon part ways. The young designer who took over in December 2012 following Nicolas Ghesquire’s departure has triumphed as creative director of the Spanish label. However speculation is building...
American Apparel to Cut Jobs, Close Stores
American Apparel Inc announced on Monday that it will close underperforming stores and laying off staff as part of a $30 million cost-cutting strategy. In a company statement CEO Paula Schneider, who took the helm in January said, “Today’s announcements are necessary steps to help...
Donna Karan Steps Down From DKNY
Iconic fashion designer Donna Karan is stepping down as chief designer of of LVMH-owned Donna Karan International, the company announced Tuesday. After helming the brand which she founded 31 years ago, Karan 66, will be stepping down from her eponymous label to focus on her Urban Zen company...
Business Brief: American Apparel Director Resigns, ‘...
Net-a-Porter Announces Record Sales The Fashion e-tail giant reported an profit of ($2.9 million) after tax and ($17.1 million) before tax in the 12 months ending March 2015.[Financial Times] H&m’s Growth Slowed This Spring (But It Beat Forecasts) The Swedish fashion retailer...


