Fashion
The LYCRA Company announces key executive appointments
Robert Johnston has been promoted to chief operating officer from his previous role as executive vice president, operations, and Doug Kelliher has been appointed executive vice president, product. Kelliher will join the company’s global leadership team, while Johnston continues in his leadership capacity. Both executives report directly to CEO Gary Smith.
The LYCRA Company has announced leadership changes to drive growth and innovation.
Robert Johnston, a 35-year veteran, is promoted to COO, expanding his role to include product development alongside operations and IT.
Doug Kelliher, with 30+ years in product leadership, joins as EVP, product.
Both report to CEO Gary Smith, aiming to accelerate innovation and deliver value-driven solutions.
Robert Johnston, Chief Operating Officer
Johnston, a 35-year veteran of The LYCRA Company and its predecessor organizations, will expand his leadership to include product development, in addition to his current oversight of global manufacturing operations and IT. In his new role, Johnston will manage R&D talent, lab resources, and pilot production to drive innovation across the product portfolio, supporting strategic growth priorities identified by Kelliher’s team.
“I’m honored to take on the role of Chief Operating Officer and help shape the future of our innovation pipeline,” said Johnston. “Our teams around the world are deeply committed to excellence, and I look forward to working across functions to strengthen our operations and advance product development.”
Doug Kelliher, EVP, Product
Kelliher will lead the product management team in developing and executing strategy across fibers, fabrics, and garments. His team works to deliver differentiated solutions that add value and meet the needs of today’s consumer. With more than 30 years of product leadership experience at Timberland, Velcro Companies, Polartec and Milliken & Company, Kelliher brings deep expertise to his role.
“I’m thrilled to join The LYCRA Company and contribute to its legacy of innovation,” said Kelliher. “With the strength of our global team and a clear focus on differentiated products that fulfill market demands, I’m confident we can unlock new growth opportunities and deliver exceptional value to our customers.”
“As the apparel industry continues to evolve, our focus remains on delivering high-performance solutions that meet consumer needs and help brands and retailers differentiate and thrive,” said Gary Smith, CEO of The LYCRA Company. “Doug and Robert bring exceptional leadership, vision, and industry expertise to their roles, strengthening our ability to co-create with customers, accelerate innovation, and bring transformative technologies to market faster and more efficiently.”
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (HU)
Published
November 11, 2025
Charles Tyrwhitt announced on Tuesday the opening of its latest New York City store, as the British shirtmaker expands its retail footprint in the Big Apple.
Located at 477 Madison Avenue, on the corner of 51st Street, the new Charles Tyrwhitt store spans 450 square feet store, framed with street-facing windows and two London telephone booth façades.
Inside, the store offers the London-based brand’s complete menswear range, including its signature collection of shirting in a variety of fits and colorways, formal and casual suiting, smart knitwear,
and casualwear, plus footwear and accessories.
The new New York store will serve as the brand’s official flagship in the U.S., marking the latest milestone in the its ongoing U.S. retail expansion, as well as strengthening its presence in the New York region.
“We are thrilled to officially open the doors to our new flagship store on Madison Avenue just steps away from where we debuted our very first New York location over 23 years ago,” said Joe Irons, chief sales and marketing officer at Charles Tyrwhitt.
“Since then, we’ve grown alongside our customers, and the response to the brand in New York has been so strong that we jumped at the opportunity to create a bigger and more impactful U.S. flagship home, adding to our four other thriving Manhattan stores.”
On November 12, locals are invited to Tyrwhitt Times, a morning event featuring complimentary coffee, exclusive offers, and the unveiling of the brand’s limited-edition newspaper, followed by the store’s grand opening party on November 19, featuring early access to Black Friday offers, a live DJ performance, refreshments, and light bites.
Today, Charles Tyrwhitt boasts 12 retail locations across the U.S., including stores across New York, New Jersey, Philadelphia, Washington D.C., and Chicago.
Earlier this year, the brand strengthened its American presence via a sponsorship as a partner of the New York Yankees and the appointment of Yankees shortstop Anthony Volpe as the brand’s U.S. ambassador.
Copyright © 2025 FashionNetwork.com All rights reserved.
By
Reuters
Published
November 11, 2025
Brazilian cosmetic maker Natura swung to a recurring net loss in the third quarter on Monday, hit by slowing consumer demand in its local market, as well as challenges in the firm’s brand integration in Latin America.
The company’s net loss came in at 119 million reais ($22.02 million) in the July-September quarter, reversing a 301 million real net profit recorded in the same period a year earlier.
It also reported recurring earnings before interest, taxes, depreciation and amortization (EBITDA) at 577 million reais in the period, a decline of 33.7% year-on-year.
According to Natura’s financial statement, the firm faced revenue challenges throughout its operations, with net revenue reaching 5.2 billion reais in the third quarter, down 13.1% from a year earlier.
In Brazil, Natura’s largest market, where economic growth has slowed amid the highest interest rates in nearly two decades, net revenue fell 3.7% year-on-year to 3.2 billion reais.
“The slowdown in the beauty market in Brazil, first identified in June 2025 and still ongoing, has led to the growth of the Natura brand stabilizing after a period of low double-digit expansion,” the company added.
In its Spanish-speaking Latin American markets, Natura cited integration challenges following the July merger of its Natura and Avon brands in Argentina.
Net revenue in these markets fell 3.9% year-on-year to around 2 billion reais.
© Thomson Reuters 2025 All rights reserved.
Following five days of constructive and forward-looking discussions between the two sides, both delegations held detailed engagements across key tracks including trade in goods, trade in services, economic and trade cooperation, and rules of origin. The discussions reflected the shared ambition to strengthen economic ties and build a mutually beneficial partnership that supports resilient, inclusive, and sustainable growth.
India and New Zealand concluded the fourth round of FTA negotiations, led by Ministers Piyush Goyal and Todd McClay, reaffirming their commitment to a modern, comprehensive pact.
Talks covered goods, services, and cooperation, aiming to boost trade, investment, and supply-chain resilience.
Both sides agreed to maintain momentum toward an early, balanced, and mutually beneficial agreement.
Guided by the leadership of Prime Minister Narendra Modi, India remains committed to forging deeper economic partnerships that contribute to global prosperity and secure supply chains. The ministers noted that the proposed FTA is expected to significantly enhance trade flows, deepen investment linkages, strengthen supply-chain resilience, and provide greater predictability and market access for businesses in both countries, the Ministry of Commerce and Industry said in a press release.
The ongoing discussions reflect the shared resolve of both nations to expedite the process and work towards an early, balanced, and mutually advantageous conclusion of the agreement.
India’s bilateral merchandise trade with New Zealand stood at $1.3 billion in FY 2024–25, marking a year-on-year growth of nearly 49 per cent. The proposed FTA is expected to unlock further potential in sectors such as agriculture, food processing, renewable energy, pharmaceuticals, education, and services, creating new opportunities for businesses and consumers alike.
Both sides agreed to sustain momentum through inter-sessional work and continue detailed discussions across all chapters with a shared determination to move towards early convergence on the India–New Zealand Free Trade Agreement.
Fibre2Fashion News Desk (RR)
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