Fashion
J.Jill names first-ever chief growth officer
Published
November 19, 2025
J.Jill Inc. announced on Wednesday the appointment of Viv Rettke to the newly created role of chief growth officer, effective November 19.
In her new role, Rettke will be responsible for direct channel performance, and will work with the senior leadership team on a holistic growth strategy aligning brand, marketing, and direct and retail sales channels. She will also lead the company’s AI initiatives.
Rettke will report directly to CEO and president, Mary Ellen Coyne.
A consumer industry veteran across the fashion, footwear, and food and beverage categories, Rettke joine the American fashion retailer from Cole Haan, where she served as chief strategy and transformation officer. Prior to that, she was head of transformation at Reebok, after holding a series of roles of increasing responsibility at Kraft Heinz. Earlier in her career, she was a consultant with Boston Consulting Group and a senior analyst and manager with CitiFinancial.
“We are thrilled to welcome Viv Rettke to the J.Jill team as our first Chief Growth Officer,” said Coyne.
“She has a proven ability to accelerate business growth at leading companies in fashion and other consumer industries. We’re confident her deep expertise across brand building, corporate strategy, business transformation, and retail sales and operations will help us realize the untapped potential to expand our customer file and unlock new efficiencies and market opportunities.”
The appointment comes just months after J.Jill announced the appointment of Courtney O’Connor, as senior vice president and chief merchandising officer, in June.
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
Drewry WCI jumps 16% on Transpacific & Asia-Europe rate hikes
The index recorded a sharp increase, mainly due to rate hikes on the Transpacific and Asia–Europe trade routes.
Drewry’s World Container Index jumped 16 per cent to $2,257 per FEU in the week ending January 8, 2026, driven by sharp rate hikes on Transpacific and Asia–Europe routes.
Spot rates rose strongly from Shanghai to Europe and the US amid higher FAK charges.
However, rising capacity and soft Asia–US volumes suggest the surge may be short-lived.
Spot rates on the Shanghai–Genoa route increased 13 per cent to $3,885 per 40-foot container, while those on Shanghai–Rotterdam rose 10 per cent to $2,840 per 40-foot container. This upward momentum was driven by higher Freight All Kinds (FAK) rates implemented by carriers.
Spot rates from Shanghai to Los Angeles surged 26 per cent to $3,132 per 40-foot container, while rates from Shanghai to New York climbed 20 per cent to $3,957 per 40-foot container.
Rates from New York to Rotterdam remained steady at $966 per FEU, while Rotterdam to New York increased 2 per cent to $1,685 per FEU. Freight rates on the Rotterdam–Shanghai route rose 3 per cent to $504, while Los Angeles–Shanghai rates increased 1 per cent to $721 per 40-foot container.
Container shipping capacity rose 7–10 per cent month on month on both Asia–North American routes and 5–7 per cent on Asia–North Europe/Mediterranean routes in January. However, anecdotal evidence points to soft volumes from Asia to the US, suggesting these sharp increases appear opportunistic and are unlikely to be sustained.
Fibre2Fashion News Desk (KUL)
Fashion
Saks Global seeks to file for bankruptcy as soon as Sunday, Bloomberg News reports
By
Reuters
Published
January 9, 2026
Luxury retailer Saks Global is planning to file for Chapter 11 bankruptcy as soon as Sunday, Bloomberg News reported on Friday, citing people familiar with the matter.
The owner of New York’s century-old Fifth Avenue flagship store is preparing to file for bankruptcy without a restructuring deal in place, though it aims to craft one in the coming weeks, according to the report.
The company is also in advanced discussions on about $1.25 billion debtor-in-possession financing package with creditors, which would allow it to keep its business running during bankruptcy and pay vendor dues, the report added.
Saks Global did not immediately respond to a Reuters request for comment.
© Thomson Reuters 2026 All rights reserved.
Fashion
Pandora eyes 6% organic growth in 2025 as weak US market mutes prior guidance
Published
January 9, 2026
Pandora expects to deliver 6% organic growth in 2025, the Danish jewellery brand announced on Friday in its preliminary and unaudited results for 2025, falling below previous guidance of 7% to 8%.
“We delivered 6% organic growth in 2025 despite softer than expected Q4 holiday trading, particularly in North America,” said Pandora’s CEO Berta de Pablos-Barbier, the brand announced on its website on January 9. “While the year was marked by macro headwinds, it has also highlighted opportunities to sharpen execution and strengthen brand desirability.”
Pandora is eyeing a full-year operating profit of approximately 7.8 billion Danish crowns ($1.2 billion) along with an EBIT margin of around 24%, in line with its previous guidance. The North American market reported 2% like for like growth in the fourth quarter of 2025 with trading in November and December below expectations due to weakened consumer sentiment causing muted in-store traffic. Although EMEA like for like growth came in at -1% and Italy lagged, Spain, Poland, and Portugal reported strong growth, according to the business.
“As new CEO, my focus will be to navigate the current market environment, reduce our commodity exposure and course-correct in select areas to accelerate profitable growth,” said de Pablos-Barbier. “Pandora continues to pursue significant untapped growth opportunities as a full jewellery brand. Our fundamentals are strong. We are building a bigger Pandora.”
The business will announce its audited full-year 2025 results on February 5. Pandora plans to launch designs in new materials this calendar year, aiming to use high silver prices as fuel for innovation, according to de Pablos-Barbier.
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