OTB, the holding company of Italian fashion billionaire Renzo Rosso, quadrupled its Earnings Before Interest and Tax (EBIT) to €21.5 million in 2017. Though total group revenue slid 2.4 percent over the same 12 months.
Stella McCartney is continuing her work to promote environmental awareness and has linked with The RealReal luxury consignment firm for a campaign “to bring greater awareness to the circular economy for luxury fashion.”
Dolce & Gabbana presented its Alta Moda and Alta Sartoria collections at Mexico's Museo Soumaya on Wednesday, paying tribute to the country's culture, influencers, Frida Kahlo and the Virgen de Guadalupe.
50m is the name of a new experimental London concept store that’s aiming to shake up the young designer fashion market in the city with a co-operative approach that will also include social and mentoring elements.
Few Italian luxury brands have weathered the long global slowdown as well as Ermenegildo Zegna, which has just posted excellent results for 2017, despite a period of growing competition in high-end menswear.