Lifestyle
The latest news
Maison & Objet show to launch wellness section in September
The September 2023 edition of Parisian trade show Maison & Objet, dedicated to the home decoration, design and art-of-living sectors, will feature a new section focusing on wellness.
Lifestyle
H&M's profit tumbles more than expected as costs bite
Sweden's H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags.
Fashion
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
Clare Vivier on her next store opening and strategy for her brand Clare V.
Los Angeles-based designer Clare Vivier will open her fourteenth Clare V.'s boutique in Washington D.C. at the end of spring. FashionNetwork.com sat down with her to talk about strategies and projects with her brand.
Luxury
WGSN owner to put trends business up for sale
WGSN and Cannes Lions owner Ascential delivered a strong trading update Wednesday, but also announced surprise news: its WGSN trends service is up for sale following a strategic review that it launched last spring.
Fashion
Board member Sanders becomes THG CFO, Gallemore moves to COO
There’s been an executive reshuffle at the THG Group. Damian Sanders has been appointed Chief Financial Officer with immediate effect. That comes as previous CFO John Gallemore now becomes Chief Operating Officer.
Beauty
Tourism: Beijing on track to become world's most powerful city destination by 2032
While China has now reopened its borders after more than two years of Covid restrictions, the country is forecast to become a major tourist destination in a report from the World Travel and Tourism Council.
Fashion
Primark performance justifies stores-only stance as city footfall bounces back
Primark's trading update has revealed more upbeat news with the chain “good in all markets and ahead of expectation”. Total sales and like-for-likes rose in double digits and city centre footfall recovered.
Fashion
Gucci to open boutique dedicated to bags, accessories in Los Angeles
After opening its first store dedicated to luggage and travel accessories in Paris on December 22, Gucci is set to open a store dedicated to bags and accessories in Los Angeles, on Melrose Place.
Luxury
Condé Nast UK to leave Vogue House after 65 years
British Vogue’s long and storied association with London’s West End is coming to an end. After six decades+ (since 1958), publishing giant Condé Nast is moving out of its historic Vogue House officers on Hanover Square.
Luxury
Boohoo sees another revenue fall, but stays upbeat
Boohoo’s closely-watched trading statement has revealed figures in line with weak expectations. Revenue may have been up sharply compared to pre-Covid, but it was down globally against a year ago for the festive season.
Fashion
Bed Bath & Beyond looks for buyers, lenders before potential bankruptcy: report
Bed Bath & Beyond Inc has been in talks with prospective buyers and lenders as the struggling retailer tries to keep its business afloat ahead of a likely bankruptcy filing, CNBC reported on Wednesday.
Beauty
Jeff Lotman unveils Fred Segal's plans for 2023
Almost four years after the acquisition of Fred Segal by entrepreneur Jeff Lotman, founder of Global Icons, FashionnNetwork.com talks to the executive about the major challenges of 2023 and the brand's expansion.
Fashion
Burberry's muted Q3 hit by China woes, but it "over-indexed" in soft accessories
Burberry’s Q3 update on Wednesday showed a slowdown in sales growth as — like luxury peer Richemont on the same day — it reported a big impact from Covid in China.
Fashion
Tourists boost Richemont's Q3, fashion is strong but Covid-hit China dents sales
Luxury giant Richemont reported Q3 sales up 8% on Wednesday, saying that despite ongoing Chinese weakness, tourists were returning to Europe and Japan.
Fashion
Humberto Leone opens second restaurant in California
The founder of Opening Ceremony and former artistic director of Kenzo has just opened his second restaurant in the city of Arcadia, in the San Gabriel Valley. Name chosen: 'Monarch'.
Fashion