The British brand has announced the return of Richard Gilmore who rejoins the company as managing director. Gilmore previously worked for the Fred Perry for seven years before moving to Jigsaw in 2013.
Stories around Sir Philip Green’s intentions for the Arcadia Group stores that he controls continue to surface but one thing is clear - we won’t know the truth of what’s happening until Arcadia decides to tell us.
Massimo Giorgetti sells a third of his booming indie fashion house. His new partners, Style Capital, are to acquire a 32% stake in MSGM S.r.l., which owns MSGM, the contemporary brand of apparel, footwear and bags.
Missguided is axing 50 jobs with another 50 being reviewed after it grew its teams fast in recent years. But it said that while profits remain elusive and sale growth has slowed, turnover is still up in double-digits