The 59th edition of the furniture show, scheduled in April with 2,200 exhibitors, has been postponed to June, reportedly causing a €120 million impact on business, due also to a shortfall of 30,000 Chinese visitors.
Emmanuel Macron fêted fashion creativity with a gilded dinner inside the Élysée Palace on Monday night, praising the imaginative foreign elements in the industry, but picking out Jean-Paul Gaultier for special praise.
With its new CEO and short-term funding in place, Laura Ashley has released a weak set of results with losses increasing and even e-tail sales dropping. But the firm is upbeat and sees international opportunities ahead.
Hong Kong retail sales are expected to post their steepest fall on record in January at around 30%, while tourist arrivals in February fell to under 3,000 a day on average, from around 100,000 in January.
Marimekko was in an upbeat mood Thursday as it delivered a “strong” set of results for the year ending December 31. It was boosted by a flourish in the final quarter on strong Holiday numbers and international traction.
The debut 'Market by Macy's' store will stock a curated selection of Macy’s branded fashion offerings, as well as pieces from specialty designers and local Texas brands for men, women, kids and the home.