The Milan women’s fashion week starts on Tuesday with a schedule of 173 events, 65of them catwalk shows, featuring the return of Cavalli, Versace and Jil Sander, MM6’s first physicalshow and many interesting new names.
Italian ‘buy now, pay later’ specialist Scalapay has completed a funding round worth €131 million ($150 million), that will enable the company to bolster its personnel growth and international expansion plans.
The pandemic may be a long way from being over, but they are parading down the catwalks in New York this week. Uber sunny in mood and attitude, designers appear to be longing for a return to a new normalcy.
The Italian group achieved revenue of 155 million euros in the first six months of 2021, up 30% year over year, but down 10% compared to 2019, while net earnings tripled in the two years, totaling 17.4 million euros.
The fashion group, which has owned 70% of its flagship brand since 1999, has purchased the remaining 30% from Italy's Siny, taking complete control of the business. The value of the transaction was 66.5 million euros.
Carven’s ex-creative director has launched his own shoes and sunglasses brand with Émilie Faure, a former journalist with Le Figaro. The first collection will be unveiled in October at Paris Fashion Week.