Like many other online fashion retailers, Farfetch saw soaring demand last year and said on Thursday that its 2020 gross merchandise value topped $3bn, up 49% year-on-year. Meanwhile revenue rose 64% to $1.7bn.
It looks like the long rumoured private equity takeover of family-owned Birkenstock could actually be happening soon. L Catterton, the group with close links to LVMH, is said to be “nearing an agreement” to buy it.
London Fashion Week ended Tuesday night after scores of virtual shows, presentations and debates, with a collection by Simone Rocha, and Priya Ahluwalia winning the latest Queen Elizabeth II Award for British Fashion.
There was a notable French touch at London Fashion Week this weekend, with shows from Stephen Jones, Bianca Saunders, Bethany Williams, N Palmer, 16Arlington, Preen by Thornton Bregazzi, Art School and Jamie Wei Huang.
Costa Paz will oversee the creative direction for the brand in the U.S. and the U.K. and help guide Vogue’s approach to content in all formats through all of the company’s owned and operated editions worldwide.
The Italian luxe label is being relaunched, and has strengthened its senior management team with the arrival of a new head of marketing, Antonella Leoni, formerly in charge of communications at eyewear group Safilo.
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