According to a study by consulting firm PwC presented in Florence on Monday, Italy’s fashion market is expected to be worth €81.3 billion in 2023, up from €78 billion this year, still penalised by reduced tourism.
Seasalt is preparing for a particularly strong 2022 after the contemporary lifestyle brand outperformed over Christmas. So buoyant is the retailer, it has engaged the services of PwC to advise on its strategic options.
At the event’s inaugural conference, Pascal Morand, executive president of the French Haute Couture and Fashion Federation, presented a software to measure the event's impact, and the federation’s support of new labels.
Premium trainers business The Edit LDN is targeting a £30 million valuation during 2022 after saying its sales have been rising by 60% month-on-month lately. And it’s raising new finance to expand further.
The Federation de la Haute Couture et de la Mode, the organization that controls the calendar of Paris runway seasons, has unveiled two new digital devices allowing fashion houses to measure their ecological impact.
Once the preserve of gamers, virtual reality (VR) has been seized on by the financial sector as a way of enlivening home working for isolated executives and replicating real-world sales, networking or training events.
PwC will not compete to be the new auditor of Boohoo, confirming media reports of a shift as the company rejigs its corporate governance apparatus following a report into working conditions at its suppliers.