The New York-based beauty giant reported a significant narrowing of its net loss in the second quarter on Wednesday, despite falling sales, and also announced the launch of an updated sustainability platform.
Gucci is going abroad again with its cruise collection, to stage its cruise 2021 show in San Francisco on May 18. The farthest distance travelled by Gucci for resort, 10,000 kilometers from its Florentine birthplace.
The US e-tail site has been applying stock market-inspired concepts to the sale of sneakers for three years. CEO Scott Cutler told FashionNetwork.com he wants to go further in deploying the IPO-for-products model.
As its turnaround plan continues, the NYC-based beauty conglomerate announced on Monday that it has appointed Kristin Blazewicz as its new chief legal officer, general counsel and secretary of the board of directors.
Sportmax was launched in 1969 as the avant-garde label of Italian fashion group Max Mara. It is now retracing its 50-year history with a book and a capsule collection, and is about to renovate its Paris boutique.
The Italian eyewear group has bought a 70% stake in Blenders Eyewear LLC from Chase Fisher, who founded the company in 2012 and remains as CEO with a 30% interest. The company’s full valuation was $90 million.