Farfetch's luxury fashion store Browns has released its AW22 trend report and an overriding theme is a focus on sustainability, while a return to full-on glam party dressing, platform shoes and rebooted denim are key.
In Q1 2022, the Italian eyewear group recorded net sales of €282.6 million, up by 8.4% at constant rates. Gross income was on the rise too, up by 23%, as were gross margin, at 55%, and adjusted EBITDA, at 11.3%.
Founded by Cheryl Cohen and Joey Swinney, vintage clothing brand Wasteland will open its third store in Los Angeles in a few days. An adventure that began in 1985, to the delight of the Highland Park community.
A new milestone for the label founded by Morgane Sézalory, in which General Atlantic owns a stake: FashionNetwork.com sources say that JP Morgan Chase & Co. has been commissioned to offer the label to potential buyers.
Eyewear giant Safilo confirmed this week that its 2021 results were “well above” 2019’s figures. Sales were €969.6 million, up 7.5% on a currency-neutral basis, while adjusted EBITDA surged 25.7% to €81.5 million.
Coperni, Gauchere, Ludovic de Saint Sernin, and Isabel Marant returned to Paris Fashion Week on Thursday with a certain light-hearted spirit while mixing classic winter outfits with much sexier and unbridled looks.
Mytheresa, which reported sterling quarterly figures this week, stands apart from its major rivals in the elite world of luxury e-tailing. Most of them post rapid rates of growth, but Mytheresa actually makes a profit.