The beauty giant unveiled its new growth strategy at an investor event on Friday, revealing plans to reposition brands in its consumer beauty and skincare portfolios, and accelerate growth in prestige, China and digital.
Milan Fashion Week, almost wholly digital, will run until March 1. Italy’s top labels will all take part, except Versace, alongside many debut names like Del Core, a new entry premiering with a real show.
Milan's women's ready-to-wear fashion week will once again be taking place via a phygital format. The event runs from 23 February to 1 March and will feature 61 shows, including big-name brands and new arrivals.
The Italian fashion group, owner of Moschino and Philosophy, recorded a downturn in net income for the first nine months of the year. Its sales dropped by 23% to €206.7 million, despite showing signs of rallying in Q3.
With 64 fashion show, both physical and digital, the calendar of the upcoming Milan Fashion Week is a packed one, marked by the comebacks of Valentino and Dolce & Gabbana, while Gucci is taking a pass.
For the first time, the Italian label's CEO Toni Scervino has picked a manager from outside the company, Sofia Ciucchi, to work alongside him in a post-Covid-19 relaunch phase featuring many new projects.