headlines
Tapestry-Capri and pricey purses are the wrong targets for trustbusters
The US FTC on Monday filed suit to block the deal, saying that it would raise prices on purses in the so-called affordable luxury market.
Fashion
Industry
Venice Biennale 2024: Between luxury and conflict
Chaos, conflict and the claustrophobia of consumer culture were at the heart of this year’s Venice Biennale, which ironically has rarely seen an opening week more crammed with activations by fashion and luxury brands.
Luxury
Events
TikTok announces Preowned Luxury category, UK's 'big 5' resellers sign up
TikTok Shop has just launched a Preowned Luxury category in the UK and US, which it said will “enable the community to browse and purchase authentic luxury fashion without ever having to leave TikTok”.
Fashion
Retail
Tod’s triumphs with Art of Craftmanship in Venice
Few brands are as attached to the concept of craft as Tod’s whose creative collaboration, The Art of Craftmanship – A Project by Venetian Masters, opened with panache on Friday night.
Fashion
Design
Armani "doesn’t rule out" merger or IPO in succession plan
Three months before his 90th birthday, Giorgio Armani is hinting at possible big changes for his Italian fashion empire once he’s no longer in charge.
Luxury
Business
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Wethenew acquires assets from bankrupt competitor Kikikickz
The French platform specialising in the resale of vintage sneakers is taking over the assets (websites and customer portfolio) of its competitor. It has also embarked on a general repositioning.
Fashion
Retail
Valentino sees sales fall in 2023
The Roman luxury house achieved sales of €1.35 billion in 2023, down 5% on 2022. However, sales through its direct sales network were up by 3%.
Luxury
Business
Golden Goose's net revenues up 12% in first quarter
Italy's Golden Goose said on Tuesday its net revenues rose 12% at constant exchange rates in the first quarter while maintaining "strong margins".
Fashion
Business
THG results show beauty surge, but Ingenuity's internal revenue drops
THG’s Q1 saw sales growth accelerating from 1.1% at the end of last year to 4.5% this time. And it said it saw a “standout performance” in THG Beauty, with an 11.1% rise at constant currency, compared to just 2.6% in Q4.
Fashion
Business
Design
Central Saint Martins students win H&M sustainable fashion/journalism award
Four Central Saint Martins students have shared the H&M Sustainable Fashion & Journalism award for 2024.
Fashion
Design
Tod’s triumphs with Art of Craftmanship in Venice
Few brands are as attached to the concept of craft as Tod’s whose creative collaboration, The Art of Craftmanship – A Project by Venetian Masters, opened with panache on Friday night.
Fashion
Design
Milan Design Week: Elective affinities at Hermès, Armani
Hermès and Giorgio Armani have taken centre-stage at Milan Design Week with their sophisticated installations, showcasing the affinities between their furniture and fashion collections.
Lifestyle
Design
Adidas-Rheon Labs partnership creates "new era" sports bras
Despite advancements in activewear, most sports bras “are stuck in the past”. That’s according to Joanna Wakefield-Scurr professor of Biomechanics at the University of Portsmouth, and the University of Memphis.
Fashion
Design
Appointments
Marcelo Burlon steps down as creative director of County of Milan label
The Argentinian designer, who founded the label in 2012, is stepping down at a delicate time of transition for the parent company New Guards Group, on which investment fund Style Capital is said to have set its sights.
Luxury
Appointments
MandM appoints Brandnation for integrated consumer PR/digital PR programme
On the back of a winning pitch, Brandnation has been appointed to deliver an integrated consumer PR and digital PR programme for online retailer MandM.
Fashion
Appointments
Ganni names ex Balenciaga exec Laura du Rusquec, as new CEO
Ganni, the clean-cut Danish hipster label, has named the former Balenciaga executive Laura du Rusquec to be its new CEO in a significant shift of emphasis at the brand.
Luxury
Appointments
UK's John Lewis says finance boss to step down later this year
Britain's John Lewis Partnership said on Tuesday that finance director Berangere Michel will step down from her role later this year, after 16 years at the retailer.
Fashion
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