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Couture final day: Fendi, Robert Wun and Mugler
Paris couture week ended with a stock market display by Roman powerhouse marque Fendi, a Chinese debutant and a cinematic rockin’ ready-to-wear show in a former slaughterhouse from Mugler.
Luxury
Catwalks
Italy's Safilo slightly beats FY guidance as sales reach 1.08 billion euros
Safilo on Thursday narrowly beat its forecasts on full-year revenues, posting a 4.2% rise at constant exchange rates thanks to the positive performance of its own brands as well as of its licensed business.
Fashion
Business
Ferragamo sales grow in 2022, but China Covid curbs hit Q4
Sales at Italian luxury goods group Salvatore Ferragamo rose by 5.7% at constant exchange rates last year, with a slowdown in the fourth quarter blamed on Covid restrictions in China.
Luxury
Business
Luxury giant LVMH sales rise 9% in fourth quarter
Luxury goods group LVMH posted a 9% rise in sales in the fourth quarter as shoppers in Europe and the United States splurged over the crucial holiday season, helping to partly offset Covid disruptions in China.
Luxury
Business
Thom Browne takes control of its South Korean operations
The luxury brand of the eponymous designer has reached an agreement with its partner Samsung C&T Corporation to take over direct operation of its business in South Korea through the creation of a new company.
Fashion
Business
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Visa profit beats estimates on resilient consumer spending
Visa Inc's first-quarter profit beat Wall Street targets on Thursday as its payments volume held steady with Americans still spending on international travel despite an economic slowdown.
Fashion
Business
Italy's Safilo slightly beats FY guidance as sales reach 1.08 billion euros
Safilo on Thursday narrowly beat its forecasts on full-year revenues, posting a 4.2% rise at constant exchange rates thanks to the positive performance of its own brands as well as of its licensed business.
Fashion
Business
Ferragamo sales grow in 2022, but China Covid curbs hit Q4
Sales at Italian luxury goods group Salvatore Ferragamo rose by 5.7% at constant exchange rates last year, with a slowdown in the fourth quarter blamed on Covid restrictions in China.
Luxury
Business
Luxury giant LVMH sales rise 9% in fourth quarter
Luxury goods group LVMH posted a 9% rise in sales in the fourth quarter as shoppers in Europe and the United States splurged over the crucial holiday season, helping to partly offset Covid disruptions in China.
Luxury
Business
Design
Alexandre Vauthier, Julie de Libran and Zuhair Murad's empowered women
There were three different ways of representing female empowerment during the last few days of haute couture fashion shows: maximalist glamour, explosive sensuality and embracing female communities.
Luxury
Catwalks
Couture final day: Fendi, Robert Wun and Mugler
Paris couture week ended with a stock market display by Roman powerhouse marque Fendi, a Chinese debutant and a cinematic rockin’ ready-to-wear show in a former slaughterhouse from Mugler.
Luxury
Catwalks
Shein calls on young designers
The Chinese e-tailer intends to support new talents via its Shein X programme, which has already supported 3,000 designers, investing 55 million dollars. A fashion show will be organised in Paris in June.
Fashion
Design
The 38th Hyères Festival will be chaired by Charles de Vilmorin and Alan Crocetti
This year's competition is aimed at young people, with Charles de Vilmorin presiding over the jury for fashion, Alan Crocetti for accessories and Luis Alberto Rodriguez for photography.
Fashion
Design
Appointments
Pacsun reshuffles leadership, names new co-CEOs
As part of the transition, effective March 9, 2023, Brie Olson, Pacsun president and board member, will be appointed co-chief executive officer, alongside co-CEO Mike Relich.
Fashion
Appointments
Busy Brand Machine Group creates new menswear buying chief role
Brand owner and licensing house Brand Machine Group (BMG) has been very busy of late and just a month after announcing a new technology chief and welcoming a new CFO, it has unveiled another key role.
Fashion
Appointments
Kohl's close to naming Tom Kingsbury as permanent CEO: report
Department store chain Kohl's Corp is in late-stage talks to name Tom Kingsbury as its permanent chief executive, the New York Times reported on Wednesday, citing two people familiar with the situation.
Fashion
Appointments
Vera Bradley announces leadership changes
As part of a new streamlined corporate structure, the company has eliminated the positions of Vera Bradley brand president, chief creative officer, and chief revenue officer.
Fashion
Appointments
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