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Parfums de Marly reports 2022 revenue of €262 million
In 2022, independent niche perfumery brand Parfums de Marly, which will open a new store in Beverly Hills in April, recorded a revenue of €262 million, equivalent to a 51% increase.
Beauty
Business
Safesize secures €14m funding for international growth
Greek retail tech company SafeSize has raised €14 million in Series B funding with participation of Phaistos Investment Fund as well as existing investors Convent Capital and 3TS Capital Partners.
Fashion
Business
Next has good year, says price rises will slow
Fresh from news of its latest acquisition — Cath Kidston — Next has reported its annual results and as is usually the case with the company, it achieved a performance many peers would envy.
Fashion
Business
Burberry acquires Italian technical outerwear business from supplier
Burberry has made a key move to boost its technical outerwear production capacity. It has entered into a deal to acquire a business from longstanding Italian supplier Pattern SpA for €21 million.
Fashion
Industry
Design
G-Star Raw produces AI-designed one-off denim garment
G-Star Raw has become the first fashion label to take AI-generated design off the screen and into the workshop with a “unique piece of denim couture, which highlights how AI is being used in the real world”.
Fashion
Design
Adidas retracts opposition to Black Lives Matter design
Sneaker giant Adidas has retracted its request to the U.S. Trademark Office to reject an application for a Black Lives Matter trademark featuring three parallel stripes.
Fashion
Design
Kering joins Pitti Uomo to support ten young responsible designers
The luxury group is joining forces with the men's trade fair via its Materials Innovation Lab (MIL) by supporting ten young eco-friendly designers in the S/Style section.
Luxury
Design
ModaLisboa shines spotlight on Portuguese design
Faced with the challenge of creating a design scene supported by its powerful production industry, Portugal held the 60th edition of ModaLisboa, showcasing both established and emerging Portuguese brands.
Fashion
Catwalks
Appointments
Macy's adds to board
Macy’s, Inc. has announced the appointment of Naveen Chopra, executive vice president and chief financial officer of Paramount Global, to its board of directors, effective April 1.
Fashion
Appointments
Swarovski names new general manager for North America
Crystal and jewelry manufacturer Swarovski has revealed the appointment of Kolja Kiofsky to the role of general manager, North America.
Luxury
Appointments
Struggling department store group Galeria Karstadt Kaufhof hires former director
Olivier van den Bossche, former head of Kaufhof, has taken charge of the department store group, which is about to exit its second receivership procedure in three years, with extensive store closures forthcoming.
Fashion
Appointments
Nic+Zoe names new CEO; enters activewear, denim categories
U.S. fashion brand Nic+Zoe announced on Thursday the promotion of current president Avra Myers to the role CEO, in addition to the launch of new denim and activewear collection, respectively.
Fashion
Appointments
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