The group announced a 178.6% increase in Q2 revenue on Wednesday, growth driven by the retail channel, which was, nonetheless, still not able to bring the company’s sales in line with pre-pandemic levels.
The fashion group, which has owned 70% of its flagship brand since 1999, has purchased the remaining 30% from Italy's Siny, taking complete control of the business. The value of the transaction was 66.5 million euros.
If there's one sector that doesn't seem to be struggling, it's the market for counterfeit goods with Rolex, Louis Vuitton and Gucci featuring among the brands whose counterfeits are the most popular online.
The British Fashion Council has released its annual report for 2020/21 in which it shared some of the achievements of what was one of the most challenging years ever.
UK retail sales continued to grow at a rate well above the long-run average in the year to July, but clothing and footwear stores are yet to see demand recover to usual levels, the CBI’s latest survey has showed.
Bally has unveiled the AW21 campaign for its Legacy Continua collection that “pays tribute to 170 years of excellence in design and leather craftsmanship since 1851”.
Landlord Shaftesbury has announced another new store in its Soho, London portfolio with Dunno. Curated, a new vintage store, opening at 8 Berwick Street this week.
Eyewear giant Safilo is investing heavily in the US-based Blenders business that it acquired a year ago and has launched in the UK and Ireland via e-commerce.
Men's and women's contemporary fashion brand Theory is set to collaborate with Dutch fashion designer and former Lanvin menswear designer, Lucas Ossendrijver.
An armed man using a stand-up scooter Tuesday robbed famed Parisian jeweller Chaumet of up to three million euros worth of jewellery in an audacious evening heist, a source close to the case said.
For the former creative director of Swarovski, who founded a creative agency with her daughter last year, creativity is not incompatible with business. She speaks to Olivier Guyot about her approach and her optimism.
Revenues at Italian luxury down jacket maker Moncler topped analyst expectations in the second quarter helped by easing COVID-19 restrictions, adding to evidence of a sharp rebound in the sector.
Sales at French luxury group Kering nearly doubled in the second quarter as coronavirus curbs were relaxed in much of the world, with its star fashion label Gucci accelerating sharply.
Grace Wales Bonner has launched a very novel Vision Songs collab with musical pioneer Laraaji, in the latest design partnership by the very indie UK designer.
Philipp Plein International AG and WorldTime Watches & Jewelry SA have signed a license deal for the development, production and distribution of Philipp Plein watches and jewellery.
