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.
As he greeted editors backstage after the Chanel haute couture show, what was Karl Lagerfeld wearing? But, of course it was a double breasted black tuxedo jacket by Hedi Slimane – the designer of the moment in Paris.
And they are off. Applications opened Friday for aspiring talent in the LVMH Prize, the most financially beneficial annual award in fashion. Young hopefuls - limited to under 40 years - have until February 4 to apply.