Marking the biggest sales dip in 11 months, US consumer spending cooled off in the first quarter, following the holiday season's strong showing. Year-over-year data, however, shows a healthy uptick of 5.4 percent.
Cortefiel has reason to celebrate, unveiling its third quarter results this week. The firm reported an increase in total sales, strong e-commerce revenues and an uptick in operating profit, as well as a decline in debt.
These days designers are considered extremely lucky to remain in charge of any house for a decade. Last week, Kris Van Assche wrapped up his 11th year in one of the industry’s most watched labels, Dior Homme.
Italian eyewear group Safilo said its 2017 adjusted core profit was set to halve from a year earlier after fourth-quarter sales dropped more than expected as the loss of its Gucci licence continued to bite.
Hilary Duff is launching a women's sunglasses and prescription eyewear collection in partnership with online eyewear retailer GlassesUSA. Customers can try on frames prior to purchasing using Virtual Mirror AR tech.