Givaudan announced on Wednesday that it has acquired a 48 percent stake in Nanovetores Group from The Criatec Fund, a Brazilian investment fund focused on innovative, early stage companies.
Levi’s announced on Thursday the launch of the Levi’s 501 ‘90s jean and a new star-studded campaign, launching to kick off the 150th anniversary of the brand.
The Dutch fashion brand’s gothic silhouettes looked directly out of a Dracula movie; the dark looks transforming the notion of fear into haute vouture splendor.
Authentic Brands Group on Thursday announced Al Boom Marine as its new operating partner for Reebok in the GCC, the Middle East including Iraq and Lebanon, and North Africa including Algeria, Egypt and Morocco.
Franco-Japanese outfit Maison Kitsuné has opened its first location in Canada this month, taking up residence in Vancouver.
Italian eyewear group Safilo reported an improved core profit margin for the full-year as sales received a boost from its brand portfolio overhaul.
Shapewear label Skims said it had doubled its valuation to $3.2 billion after raising $240 million in fresh funds, as investors bet on the success of the Kim Kardashian-owned brand.
Swiss watch exports rebounded sharply in 2021, breaking the record set in 2014 by rising to nearly 22.3 billion Swiss francs ($24.1 billion, 21.5 billion euros), the industry federation announced Thursday.
Cosmetics group L’Occitane, whose brand portfolio includes among others L’Occitane en Provence, Elemis and Melvita, recorded Q3 sales worth €650 million, equivalent to a 9.5% increase year-on-year.
The menswear collections for next winter presented in Milan and Paris signalled a return to a chic, comfortable style, redefining silhouettes by means of textures and proportions, with a focus on outerwear.
The sports retail group, whose revenue recorded a 13.8% shortfall in 2020, set the clock back last year, posting a 20.7% revenue growth to reach a total of €12.2 billion.
UK retail giants John Lewis and Tu Clothing owner Sainsbury’s are asking customers and staff in England to continue wearing face coverings in their stores, despite the government ending its Plan B measures in England.
Sales at Italian luxury group Salvatore Ferragamo rose by 31.4% last year, in line with market expectations, although they are still far below pre-pandemic levels.
After a record-breaking peak Christmas trading period, “a £7 billion returns nightmare is threatening to punch a hole in online retailers’ post-Christmas revenues”, a report claimed Thursday.
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".
