The Italian menswear industry is expected to end 2016 with a 0.9% revenue growth, reaching nearly €9 billion, succeeding a growth rate of 1.4% in 2015. There is cautious optimism for 2017 after a weak start.
He has invested in Sergio Rossi and now Italian businessman Andrea Bonomi has taken a stake in Tod's to support long-term growth at the luxury goods group, a source close to the matter said on Wednesday.
Chloé has revealed a new facet of its "Love Story" women's fragrance, created in 2014. More feminine and sensual than ever, the "Love Story Eau Sensuelle" Eau de Parfum is due out in February from Chloé stockists.
Competition from year-round promotions could dampen France's winter clearance sales that start on Wednesday, a retail analyst said, predicting revenues could be flat to down 2% for the six-week ritual that ends Feb 21.