At the presentation of the luxury group's annual results, boss François-Henri Pinault said there is no acquisition on the cards at the moment, the priority being ensuring the growth of Kering's own labels.
After three cancellations announced for Milan, another six Chinese designers are unable to participate in Paris Fashion Week due to the coronavirus pandemic. Dawei, however, will be present with a show on February 25.
With two-thirds of its stores in China temporarily closed due to the epidemic, the American fashion house expects the health crisis to have a negative impact of between $55 million and $70 million on its sales in 2020.
We know everyone has been bellyaching about it being a lightweight season in New York. But if you take the time to actually study what was on the runway, it turns out a lot of great clothes were on display in Manhattan.
Brace yourself for the first post-Brexit season in London, which will dominate the coming long weekend. It has finally happened, and nobody in the UK or throughout European fashion seems terribly happy about that.
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.
Marc Jacobs may not be the all-conquering hero designer of New York that he was in his heyday, but judging from his latest ballet performance show, his imagination still remains the most fertile in American fashion.
The department store operator has confirmed to FashionNetwork.com that it is cutting 250 positions across both stores and the company’s corporate offices, in an effort to streamline communication and drive efficiency.
The luxury label fears a sales slump in China following the many store closures, and is funding the restoration of some of Florence’s iconic Renaissance sculptures, including a bronze replica of Michelangelo’s ‘David’.