Armani posted a 20% increase in sales at constant currencies in the first half, after swinging to an operating profit in 2021 as revenues returned above pre-pandemic levels in the second part of the year.
Shopify Inc on Tuesday announced a partnership with YouTube to allow merchants to sell through the video platform, as it looks to tap into the growing number of content creators launching their own e-commerce stores.
Richemont said on Friday that the latest quarter saw strength in Europe, Japan, the US and Middle East. But Asia Pacific was hit by Covid issues in China. It was similar to Burberry, which reported on the same day.
The innovative retail concept, promoting ways of extending the lifecycle of products, has debuted at Golden Goose’s long-established Milanese store in via Cusani, and will soon be deployed in New York and Dubai too.
Online retailer The Luxury Closet has launched in the UK, joining an ever-expanding resale marketplace for luxury and designer pre-owned fashion. It's part of a plan to expand within Europe later in the year, it said.