Business

Oxford Industries reports strong growth in sales and earnings

Oxford Industries, Inc. net sales for the full fiscal 2022 year increased 24 percent to 1.41 billion dollars, while earnings per share (EPS) on a GAAP basis increased 31 percent to 10.19 dollars and adjusted EPS increased 36 percent to 10.88 dollars compared to fiscal 2021. The company’s net sales in the fourth quarter increased 28 percent to...

Mar 24, 2023

People

More trouble at Trussardi as creative directors exit brand

Italian fashion house Trussardi has found itself without creative directors. Duo Benjamin A Huseby and Serhat Işık have exited the brand, leaving the troubled label without a design team. Earlier this month Trussardi’s board directors and CEO Sebastian Suhl announced their departure raising questions about the future of the company as it...

Mar 23, 2023

Business

The RealReal to wind down beauty business amid streamlining efforts

The RealReal is winding down its beauty business to focus on its luxury consignment business amid an ongoing streamlining at the US resale giant. “We’re prioritizing our efforts on growing our luxury consignment business,” a spokesperson told WWD. “With that, we have been deemphasizing the direct side of our business, including our beauty...

Mar 23, 2023

People

eBay UK taps former Asos brand director as new general manager

E-commerce giant eBay has announced the promotion of Eve Williams as new vice president and general manager of its UK business. Williams joined eBay UK in December 2020 as chief marketing officer (CMO), during which time she oversaw several important initiatives, including eBay’s pre-loved fashion partnership with Love Island, and the launch of...

Mar 23, 2023

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