April was a confusing month for anyone tracking online sales with the latest IMRG Capgemini showing a difficult few weeks for the clothing sector, although health & beauty grew while home & garden leapfrogged ahead.
It felt like a luxury summit in the Eden Roc this weekend so numerous were the fashion players and luxury billionaires at Charles Finch’s annual dinner. Which this season honored Italian director Paolo Sorrentino, a Cannes jury member this year.
Grit Seymore has stepped down as creative director of Wolford citing personal reasons. Her announcement comes shortly after the luxury hosiery brand revealed it slipped into the red in the first nine months of the year.
In 2016 US retailers missed $9.24 million in revenue by miscalculating the optimal percentile in which to discount items, according to a discount analysis of luxury, premium and mass market US apparel.
The 10-piece capsule collection consists of men's and women's apparel and accessories, including t-shirts, sweatshirts, jeans, a backpack and a handbag. Off-White opened its second Hong Kong store in April.