From Celebrity Spokesmen to Big-Name Designers, Brands Grapple With How to Deal With “Morals” Issues

From Celebrity Spokesmen to Big-Name Designers, Brands Grapple With How to Deal With "Morals" Issues

Dior found itself in a significantly problematic position in the summer of 2016. Johnny Depp was the face of Sauvage, its newest men’s fragrance at the time. The world-famous actor was starring on television screens in a commercial for the cologne, gracing billboards across the globe, and appearing in glossy magazine ads and on consumers’ … Read more

Italy’s Zegna to list in the U.S. with $3.2 bln SPAC deal

Italy's Zegna to list in the U.S. with $3.2 bln SPAC deal

Smaller brands hit hardest by COVID-19 crisisOther family-owned firms have also looked outsideZegna says firm will expand but stick to menswearMILAN, July 19 (Reuters) – Italian luxury group Ermenegildo Zegna will list in New York by combining with a U.S. investment vehicle, giving the menswear company an enterprise value of $3.2 billion and helping it … Read more

Italian luxury fashion brand Zegna to go public in $3.2 billion SPAC deal – FT

Italian luxury fashion brand Zegna to go public in $3.2 billion SPAC deal - FT

Plywood covers the windows of an Ermenegildo Zegna store in Chicago, Illinois, U.S. October 13, 2020. Chicago police have warned local retailers to prepare for possible protests around Election Day. Picture taken October 13, 2020. REUTERS/Moe Zoyari/File Photo(Reuters) – Italian luxury fashion group Ermenegildo Zegna has agreed to go public by combining with a special-purpose … Read more

Nordstrom, Eying 20-Somethings, Strikes Deal With the Online Giant Asos

Nordstrom, Eying 20-Somethings, Strikes Deal With the Online Giant Asos

Nordstrom, one of many national retailers battered by the pandemic, has added a new arrow to its quiver as it fights an uphill battle to get customers, particularly young ones, back: it is teaming up with Asos, the online fashion behemoth.Nordstrom will announce on Monday that it is buying a minority stake in the Asos … Read more

hindustan times: Online fashion brand Tjori signs Rs 16 crore equity deal with Hindustan Times

hindustan times: Online fashion brand Tjori signs Rs 16 crore equity deal with Hindustan Times

NEW DELHI: Online fashion brand Tjori on Monday said it has signed an equity deal of Rs 16 crore with media firm Hindustan Times. The deal signed goes beyond equity investments, while also providing branding and marketing, Tijori said in a statement. Mansi Gupta, Chief Executive Officer of Tjori said, “Tjori as a brand works … Read more

Custom T-shirts are hard to get as apparel companies deal with short supply

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CLEVELAND, Ohio — Summer is T-shirt season, but from custom prints for summer events to local lifestyle brands, T-shirts are in short supply, as the manufacturing chain stalls like so many other industries.Northeast Ohio companies are searching for new suppliers, different warehouses, different colors, to fill customer orders.Micah Roberts launched Erie & Anchor, a nautical-themed … Read more

PVH to sell Izod, Van Heusen and other labels to Authentic Brands in $220 million deal

PVH to sell Izod, Van Heusen and other labels to Authentic Brands in $220 million deal

PVH Group Inc. has entered into an agreement to sell brands including Izod and Van Heusen to Authentic Brands in a $220 million deal announced on Wednesday. The transaction is expected to close in the third quarter. PVH PVH, +3.16% categorizes the brands included in the deal as the company’s “Heritage Brands.” PVH is exiting … Read more

Dak Prescott Ditching Adidas to Sign with Jordan Brand In Massive Apparel Deal

Dak Prescott Ditching Adidas to Sign with Jordan Brand In Massive Apparel Deal

Dak Prescott’s sensational off-season continues … the Dallas Cowboys QB is parting ways with Adidas to sign a massive new deal with Jordan Brand. The exact terms of the contract have not been disclosed — but it’s a 5-year deal that will make him the highest-paid NFL player on the Jordan Brand roster, according to … Read more

G7 Nations Strike Deal to Tax Big Companies and Squeeze Havens

G7 Nations Strike Deal to Tax Big Companies and Squeeze Havens

The United States, Britain and other leading nations reached a landmark deal on Saturday to pursue higher global taxation on multinational businesses such as Google, Facebook, Apple and Amazon. In a move that could raise hundreds of billions of dollars to help governments cope with the aftermath of Covid-19, the Group of Seven (G7) large … Read more