Christophe Bezu has been appointed as chief wholesale officer at Esprit. With more than 20 years of experience in the field, he assumes the role as part of the company’s new global sales channel-oriented structure.
London beat Tokyo, New York and Paris to be the highest grossing city for retail sales in 2010, according to a study of 22 major worldwide shopping destinations by Britain's Centre for Retail Research.
J Crew Group Inc, which received a $2.86 billion private equity buyout offer, said on Wednesday it had received no alternative acquisition proposals during an 85-day "go shop" process that ended Tuesday.
Recession-rattled shoppers are not likely to splurge on amethysts or rubies, but designers are waging that consumers will buy jewel-tone fashions to satisfy their craving for luxury as they start to spend a little more.
Abercrombie & Fitch Co posted a bigger-than-expected quarterly profit as discounts brought in more traffic and boosted sales, and the teen retailer said it plans to almost double its capital expenditures this year as it ramps up international expansion.