Agenda-setting intelligence, analysis and advice for the global fashion community.
"The Nordstrom family is working with private equity firm Leonard Green to provide equity financing on the deal, but it will need bank support for the debt financing."
Loading recommended reads…
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Kering’s reported organic growth for the first time in three years. Gucci’s second-quarter sales remained in negative territory, but declined less than expected.
This week’s round-up of global markets fashion business news also features the Ghanaian textile sector, Russian e-tailer Wildberries and the record fine incurred by Chinese marketplace AliExpress.
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
