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Steve Madden sees strong recovery in retail channel; sales still not at pre-Covid levels

Steve Madden sees strong recovery in retail channel; sales still not at pre-Covid levels

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.
Fashion
Aeffe increases stake in Moschino to 100%

Aeffe increases stake in Moschino to 100%

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. 
Fashion
Gucci and Rolex are still just as popular when it comes to counterfeits

Gucci and Rolex are still just as popular when it comes to counterfeits

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.
Luxury
BFC maintains charitable giving despite lower funding in latest year

BFC maintains charitable giving despite lower funding in latest year

​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.
Fashion
UK clothing, footwear store growth still lags in July - CBI survey

UK clothing, footwear store growth still lags in July - CBI survey

​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.
Fashion
Bally's AW 21 campaign celebrates Swiss modernism and natural landscapes

Bally's AW 21 campaign celebrates Swiss modernism and natural landscapes

​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”.
Fashion
Dunno. Curated is new sustainable vintage store in Soho

Dunno. Curated is new sustainable vintage store in Soho

​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.
Fashion
Safilo expands Blenders Eyewear to UK and Ireland

Safilo expands Blenders Eyewear to UK and Ireland

​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.
Fashion
Theory collaborates with former Lanvin designer Lucas Ossendrijver

Theory collaborates with former Lanvin designer Lucas Ossendrijver

Men's and women's contemporary fashion brand Theory is set to collaborate with Dutch fashion designer and former Lanvin menswear designer, Lucas Ossendrijver. 
Luxury
Man robs Parisian jeweller Chaumet using stand-up scooter as getaway

Man robs Parisian jeweller Chaumet using stand-up scooter as getaway

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.
Luxury
Podcast: Nathalie Colin discusses combining creativity and commercial relevance

Podcast: Nathalie Colin discusses combining creativity and commercial relevance

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. 
Luxury
Moncler's own brand sales rebound above pre-pandemic levels in Q2

Moncler's own brand sales rebound above pre-pandemic levels in Q2

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.
Luxury
Kering sales nearly double in Q2 as Gucci steams ahead

Kering sales nearly double in Q2 as Gucci steams ahead

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.
Luxury
Wales Bonner launches Vision Songs collab with Laraaji

Wales Bonner launches Vision Songs collab with Laraaji

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.
Luxury
Philipp Plein inks license deal with WorldTime Watches & Jewelry for watches, jewellery collections

Philipp Plein inks license deal with WorldTime Watches & Jewelry for watches, jewellery collections

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.
Luxury
Online shoppers: 35% shun brands not acting 'responsibly'

Online shoppers: 35% shun brands not acting 'responsibly'

​Any brand or retailer still thinking that ethical issues don't matter should look at a new report. The study says that as many as 35% of online shoppers in the UK will only associate with "responsible" brands. 
Fashion