Ceo Jay Schottenstein reflects on fashion, the future of retail and plans for Aerie’s Jennifer Foyle to work with the AE brand.
Meanwhile, the retailer continues with its plans to spinoff the lingerie brand into a private, stand-alone firm.
The company played with the brand’s name, the VLTN logo and the message of love, dubbing the collection VLoveTN and the capsule includes men’s and women’s ready-to-wear and accessories that come in a red, black and white color palette.
L Brands’ stock surged more than 35 percent after the retailer laid out plans to save the company roughly $400 million annually.
As one of Hong Kong’s leading developers, Cheng discussed the dichotomy of promoting sustainability in an industry that produces such waste.
The company, which will mark its 170th anniversary next year, is also investing in brick-and-mortar stores in China.
Instead, the luxury retailer emphasized the markets around the globe where it continues to grow.
Estimated loss balloons a day after Hong Kong protesters smash the windows of its flagship over rumors of a Beijing-sympathizing founder.
The Hong Kong entrepreneur, who is donating 1.5 million medical face masks to France, Italy and U.K., shares his strategy to beat the COVID-19 pandemic.
But executives said the impact of the coronavirus on the company’s North American and European businesses are yet to be seen.
Jide Zeitlin will remain ceo of Tapestry for at least three years. Meanwhile, Coach brand president and ceo Joshua Schulman will soon depart.