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Gymshark’s North America head adds commercial chief role

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February 26, 2025

Ahead of its US physical retail entry and wider growth plan, Gymshark has promoted Kim Dolder, general manager of North America, to the additional role of chief commercial officer.

Kim Dolder

Becoming the retailer’s first board member to be based in the US, Dolder will continue to operate out of New York, reporting to founder and CEO Ben Francis and leading Gymshark’s US office. 

Dolder, who joined the sportswear brand last May, will see her additional role to ensure the business “has the single architecture in place to become a fully omnichannel enterprise”.

She will also be responsible for “driving revenues, introducing new products and scaling its business channels”.

Dolder said: “Gymshark has had an unbelievable 12 years as, predominantly, an e-commerce company, but it’s no secret that we are pivoting to become an omnichannel organisation.

“So to step into the CCO’s shoes and play a role in evolving the incredible brand we’ve built so far, building our retail footprint and expanding our wholesale and franchise partnerships is beyond exciting.”

Francis added: “If we are to become an iconic 100-year brand, there are two things we can’t compromise on — being global and being omnichannel. To achieve them, we need a chief commercial officer who can be the architect to create the blueprint to get us there.

“I can think of no one better than Kim to step into this role. Kim is our first chief based in the US, so this serves as a real sign of intent of our global ambitions. Since joining, she has already added so much value to our North American operations and her experience, insight and sheer will to win will definitely take Gymshark to new heights.”

Last week, the company announced it will debut a US flagship store in New York later this year. The 13,000 sq ft Bond Street unit will be its third flagship after London’s Regent Street.

Last June, it moved its North America headquarters to New York and welcomed over 7,500 members to its biggest ever sporting event in the city the following month.

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Interparfums profits climb 10% in 2024 driven by Lacoste fragrances

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Roberta HERRERA

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February 26, 2025

French fragrance group Interparfums announced on February 26 that its 2024 net profit rose by 10% to €129.9 million, fueled by the strong performance of Lacoste fragrances. The result was just above market expectations. A consensus provided by the company had forecast a net profit of €129.3 million.  

Lacoste Parfums

The group behind Jimmy Choo, Montblanc, Moncler, and Karl Lagerfeld perfumes also reported a 10% increase in annual revenue, reaching €880.5 million in 2024.  

Interparfums credited tight cost management for its 11% increase in operating profit, which hit €178 million. This resulted in an operating margin of 20.2%, aligning with projections released in January.

“In 2024, we once again delivered an outstanding performance, largely driven by Lacoste fragrances, in a year dedicated to revamping distribution and relaunching the brand,” said CEO Philippe Benacin in a statement.  

The company, which has proposed a dividend of €1.15 per share (up 10% year-on-year), invested €187 million in marketing and communications last year to enhance brand visibility and drive sales.

Among its key partnerships, Interparfums has extended its licensing agreement with Van Cleef & Arpels for another nine years. Meanwhile, the group is now developing the first fragrance and beauty line under a newly signed Off-White license, set to debut between late 2026 and early 2027.

“In 2025, we aim to sustain our growth trajectory, with a revenue target of between €930 million and €935 million, reflecting the recent appreciation of the U.S. dollar,” Benacin added. This would represent an increase of 5.6% to 6.2%.

Interparfums’ annual general meeting is set for April 17, when the departures of Chantal Roos, Dominique Cyrot, and Frédéric Garcia-Pelayo from the board of directors will be formally announced. Garcia-Pelayo, who served as deputy CEO until the end of 2024, has been succeeded by Daphné Benacin, previously the group’s regional export director.

(With Reuters)

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Michael Strahan to start his own custom men’s tailoring operation

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February 26, 2025

Michael Strahan is set to launch a direct-to-consumer custom tailoring operation, a new avenue of growth for his clothing brand after a decade in business.

Michael Strahan – Photographer: Sean Gardner/Getty Images

The Michael Strahan Design Lab plans to deliver made-to-order suits within two weeks at flat prices, such as $399 for a two-piece set. The new line of custom suits will be available through its own online shop, which goes live on Wednesday.

It’s a big leap for the former football-star-turned-television-personality, who in recent years has been adding shelf space for his apparel line at traditional retailers including JCPenney, Belk and Tailored Brands, which owns Men’s Wearhouse. The brand has also offered made-to-measure suits through Men’s Wearhouse.

Management still wants to add new retail chains, as well as expand in existing ones, and use the new site to offer customized production for groups like sports teams, wedding parties and corporate events. The company declined to share revenue figures. 

Strahan, an NFL Hall of Fame member who cohosts ABC’s Good Morning America, and his cofounder at production firm SMAC Entertainment, Constance Schwartz-Morini, started the namesake brand as a suit line in 2015. The goal was to create an affordable, tailored clothing line, Schwartz-Morini said in a statement. This latest expansion comes as economic concerns weigh on consumer confidence and budget-conscious shoppers pull back on a variety of purchases.

“Typically celebrity brands – it’s hard for them to survive,” Koral Chen, senior vice president of brand development at SMAC, said in an interview. “But the fact is we’ve been here for 10 years and growing.” 

The brand has since expanded into licensed sports apparel with the NFL and NHL, including an arrangement with US sports merchandise company Fanatics Inc. 

Strahan’s brand has also dabbled in sports deals and talent management, signing top college football star Travis Hunter to a name, image and likeness agreement. And in March, Strahan signed a partnership with the United Football League to be its off-field apparel partner.
 



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Zengarini to re-open Dubai showroom, targets expansion in USA, Northern Europe

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Nicola Mira

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February 26, 2025

Rodolfo Zengarini, CEO of Italian footwear producer Zengarini, currently exhibiting at the Micam trade show with all its licensed brands (Bikkembergs, Cavalli, John Richmond, Ungaro Paris and Guy Laroche), has spoken to FashionNetwork.com about its forthcoming projects.

Roberto Cavalli

 
“Following a boom year in 2022, and a more settled one in 2023, last year we held our positions, a positive outcome in itself. In the last few years, we have prioritised investing in brands with which we have well-established licensing contracts, but in 2025 a deal with a new international name could be in the offing,” said Zengarini. “In the meantime, we’ll open again the showroom in Dubai, which we closed during the pandemic, and we’re negotiating new deals in Northern Europe,” he added.
 
But Zengarini has primarily set its sights on the USA, where it has been active for many years with a showroom in New York: “We want to further strengthen our position in the US, currently our main market. In addition, we will return to Russia, a market that in the past has been very important for us, one that I think will soon start up again; we’ll take part in the Obuv’- Mir Kozhi footwear show in Moscow in March.”

Guy Laroche

 
Zengarini generates 50% of its revenue outside Italy, and its other leading markets are Eastern Europe, Greece, Spain, and Portugal.
 
At Micam, Zengarini presented the John Richmond and Richmond X collections. The former is characterised by three essential elements: a restyling of its classic models, the use of innovative materials, and a contemporary reinterpretation of some signature accessories. The result is a collection with a strong retro vibe, featuring models that look like unique items unearthed at a vintage market, thanks to Zengarini’s painstaking restoration of period pieces that have been transformed with a distressed effect.
 

John Richmond

The key silhouettes capture John Richmond’s DNA: ankle boots in woven fibres, bold military-style boots, and modern reinterpretations of classic models, like a fresh take on the famous Oxford brogues. Every detail is painstakingly curated, from the brushed finish to the swallow-tail uppers and the super-comfy insoles in ultra-soft, shock-absorbing chlorophyll. The collection is characterised by broad lines with a lightweight touch, blending natural materials such as leather and grass for striking visual effects.
 

Richmond X

Richmond X is a quintessentially modern collection, featuring streamlined designs, high-tech materials and stylish everyday looks, for example the best-selling Sukajan model. Multi-layer soles in three or four different materials make the shoes light and comfortable, as do the shock-proof memory foam insoles, featured also on the more formal models. Some of the sneakers sport a distressed, well-worn look, with vinyl details and rubber tread. The colour palette focuses on natural hues such as beige and cream. The more luxurious models feature sheepskin lining and natural leather uppers, while loafers and military boots are equipped with hand-crafted soles and rubber tread, and enhanced by details like detachable tassels.

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