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Aeffe sees first-half profits soar compared to 2019
The Italian group achieved revenue of 155 million euros in the first six months of 2021, up 30% year over year, but down 10% compared to 2019, while net earnings tripled in the two years, totaling 17.4 million euros.
Fashion
Business
Michael Kors, Versace parent Capri beats revenue estimates
Michael Kors parent Capri Holdings Ltd on Friday raised its annual forecasts for the second time after trouncing Wall Street estimates for quarterly results, as shoppers splurge on its high-end clothes and bags.
Fashion
Business
P&G beats quarterly sales estimates, warns of cost pressures
Procter & Gamble Co reported fourth-quarter sales on Friday that beat analysts' estimates, but warned that rising commodity and freight costs would take a $1.9 billion bite out of its earnings this year.
Beauty
Business
Hermès bounces back as H1 beats both 2020 and 2019
Hermès became the latest luxury group to announce a rebound on Friday as the upscale leather goods and fashion maker saw its sales soaring during Q2 and the first half as a whole.
Luxury
Business
Design
Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia
Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann.
Fashion
Design
From dresses and skorts to hijabs, badminton's women wear what they like
Female athletes have fought long and hard for the right to choose what they wear when they compete at the Olympics, and at the Tokyo Games more and more athletes and fans are speaking out and taking action.
Fashion
Design
BFC maintains charitable giving despite lower funding in latest year
The British Fashion Council has released its annual report for 2020/21 in which it shared some of the achievements of what was one of the most challenging years ever.
Fashion
Design
Team Canada steps out in Tokyo in uniforms by Hudson’s Bay
Members of Team Canada at the Tokyo 2020 Olympic Games Opening Ceremony stepped out on Friday as part of the Parade of Nation’s unveiling the official Opening Ceremony uniform, designed by Hudson’s Bay.
Fashion
Design
Appointments
Boohoo founder must give evidence in US case
The founder of Boohoo Group, Mahmud Kamani, who’s executive chairman at the fast fashion company, has been told he has to give evidence in a US lawsuit.
Fashion
Appointments
Saks Off 5th appoints Amazon alum as chief operating officer
Hot on the heels of its spin-off as a standalone company, the Saks Off 5th e-commerce business has announced the appointment of former Amazon exec Shivi Shankaran as its new COO.
Fashion
Appointments
K-Swiss appoints VP marketing, e-commerce for Americas region
K-Swiss, owned by China-based Xtep International Holdings Ltd, has announced the appointment of Kate Minner as its new vice president of marketing and e-commerce for the Americas region.
Fashion
Appointments
Coty names Estée Lauder alum Constantin Sklavenitis head of prestige brands
The American cosmetics conglomerate, whose brands include Gucci beauty and Kylie Cosmetics, has appointed Constantin Sklavenitis to the role of chief prestige brands officer.
Beauty
Appointments
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