The UK’s hot beauty market has just got warmer with news Freemans is greatly expanding its category offer. The digital retailer has introduced 800 new SKUs from well-known beauty brands for the spring/summer season.
MFW, scheduled to be held from Feb. 22 to 28, will feature 71 shows, with only six in digital format. Ten new brands will be introduced while major labels such as Bottega Veneta, Diesel and Gucci return to the catwalks.
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.
After nearly 20 years with the Italian fashion group that owns among others Moschino, Tassinari is stepping down, to be replaced ad interim by CEO Simone Badioli. Aeffe will also set up a steering committee.
The leading label of Italian fashion group Aeffe has signed a letter of intent with its Chinese partner, Scienward Fashion and Luxury, and will take direct control of its Chinese monobrand stores from June 2022.
The Italian fashion group's revenue as of September 30 was up by 21%, reaching €250 million, but remained 7% below the pre-Covid figure, while its net income soared, posting a 74% increase in two years.
Luxe eyewear giant Safilo saw its business in the US recovering in Q3 and Europe being on the road to recovery, both regions offsetting a weaker Asian market and the loss of some key licences (such as Dior and Fendi).