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Dr Martens shares fall on expected slower revenue growth
It may have delivered a trading update on Thursday in which its sales soar, but Dr Martens shares fell on the news as investors worried over its future growth prospects, falling as much as 14% after the release.
Fashion
Business
Experienced Capital Partners diversifies into the restaurant industry
The French growth capital fund, which usually invests in the fashion and beauty sector, has led a €10 million investment, raised for the Nouvelle Garde breweries.
Lifestyle
Business
LVMH shares rise after luxury giant's Q4 sales growth accelerated
Shares in LVMH rose on Friday after the world's largest luxury goods conglomerate reported an acceleration in its fourth quarter sales growth.
Luxury
Business
Givaudan will pass on higher costs to customers after FY profit miss
Swiss fragrance and flavour maker Givaudan on Friday said it would pass higher costs on to customers this year after posting a weaker-than-expected rise in net profit and dividend for 2021.
Beauty
Business
Design
Stella McCartney designs pantsuit for Minnie Mouse on Disneyland Paris anniversary
Stella McCartney has created a new look for Walt Disney’s Minnie Mouse as Disneyland Paris marks its 30th anniversary. For the celebration, she’ll be seen in a blue pantsuit.
Fashion
Design
The Frntal launches to support emerging fashion/design talent with NFT element
Next month will see the launch of The Frntal, a UK-based online retailer that’s also a platform for “representing and showcasing emerging creatives and pioneers in contemporary fashion and design".
Fashion
Retail
Fendi: Roman Rationalism, complicated couture
Fendi staged its latest couture show inside the former home of the Paris Bourse on Thursday. But while its owner LVMH continues to flourish on the French stock market, Fendi did not enjoy a winning couture season.
Luxury
Catwalks
CFDA introduces interim member tier
The Council of Fashion Designers of America (CFDA) announced this week the launch of a new interim membership tier, along with its inaugural 22 interim members.
Fashion
Design
Appointments
Very Group consolidates retail teams
Four becomes two. The Very Group has created a new two-tier retail operations division, consolidating and simplifying its current four-division structure. The reshuffle means fashion director Emma Alexander is to leave.
Fashion
Appointments
Hermès appoints Gregoris Pyrpylis as creative director of beauty products
The luxury label has recently named Greek make-up artist Gregoris Pyrpylis as creative director of Hermès Beauty, the make-up line launched by Hermès in March 2020.
Beauty
Appointments
Boohoo Group names JD Sports exec as new Debenhams CEO
Debenhams has a new CEO. The Boohoo Group-owned online department store retailer has lured JD Sports Fashion multichannel chief to its top post.
Fashion
Appointments
Nike's SNKRS head Ron Faris to lead new Virtual Studios
U.S. sportswear giant Nike has appointed its SNKRS vice president, Ron Faris, to lead its Virtual Studios, a new division for the company that supports its latest push into the metaverse.
Fashion
Appointments
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