
The curtain fell Monday on another Milan fashion week -- or at least the screen went dark on this season's all-digital affair, in which designers looked ahead to better times.
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The curtain fell Monday on another Milan fashion week -- or at least the screen went dark on this season's all-digital affair, in which designers looked ahead to better times.
Mytheresa was yet another luxury e-tailer seeing its sales soaring during the pandemic with the newly-listed German company saying it enjoyed a sales uplift of 32.9% in its second quarter.
Germany's flat sandal maker Birkenstock stepped into the luxury league on Friday, with an LVMH-backed company and the French group's billionaire owner Bernard Arnault snapping up the iconic brand.
Italian brand Missoni kicked off the first day of Milan Fashion Week on Wednesday, with designers once again forced to swap the buzzing catwalks for digital presentations due to the COVID-19 pandemic.
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.
Like most luxury houses, Valentino was strongly affected by the pandemic last year. Accordingly, the Italian Maison saw its revenues fall from 1.22 billion euros in 2019 to 882 million euros in 2020.
Valentino was sued on Friday for $207.1 million by the landlord of its former American flagship on Manhattan’s Fifth Avenue, which said Valentino had no right to break its lease and leave the store in disrepair.
Free Lance, a footwear brand owned by the Rautureau Apple Shoes group that is undergoing a substantial make-over, has appointed the Italian designer, formerly with Burberry and Jimmy Choo, as its creative director.
No one could fault the latest crop of designer showing, in New York, for effort. In a busy Monday, with almost 30 collections, their arty videos and polished ideas were a reminder of how hard people have been working.
Asics was unsurprisingly loss-making last year but the company was upbeat as China and e-commerce outperformed, while it made market share gains in key categories in EMEA.