High-end Swiss leather goods brand Bally made its biggest underlying profit in a decade last year, buoyed by growth in the United States and Japan, Chief Executive Officer Frederic de Narp said in an interview.
French fashion group SMCP , owner of brands Sandro, Maje and Claudie Pierlot, on Wednesday reported a 18.6% rise in adjusted core profit for 2017 and forecast margins would further increase in 2018 to around 17%.
Speculation that Shandong Ruyi was in talks to buy the UK’s Arcadia Group may have been denied by both parties but it has certainly focused attention on the Chinese firm’s global ambitions in the fashion sector.
Milan Fashion Week saw Moncler, the down jacket brand, kick-off proceedings on Tuesday with an unusual presentation, beckoning hundreds of attendees to decipher different moods created by its eight-designer collective.
Italy's Moncler said on Wednesday it has launched a new project called 'Moncler Genius', a group of creative designers that would shape the brand's new strategy, focusing on monthly launches of new products.
Signalling an interest in the French market, U.S. firm KKR announced on Monday the appointment of Jacques Veyrat, the founder of Impala investment firm, as an official advisor for making investments in France.