Luxury label Elie Saab has launched a new direct-to-consumer (D2C) transactional site, offering “a content-rich, immersive brand experience that recreates the VIP in-store customer journey virtually”.
The Paris trade court has ruled in favour of the creditors of SMCP’s Chinese owners. The creditors hold a 29% stake in the fashion group and wanted to convene an AGM to solve the group's ownership issues.
The parent company of jewelry retail chains including Kay, Jared and Zales lifted its full-year financial outlook on Thursday, after reporting a year-over-year increase of 18.3% in its third-quarter sales.
Valentino has switched eyewear partners in a deal with Akoni Group for the design, manufacture and worldwide distribution of its eyewear after previously working with Luxottica in a partnership that has ended early.
Following a challenging year, Deloitte’s latest Global Powers of Luxury Goods report shows that the revenues generated by the world’s top 100 luxury companies dropped from $281 billion in 2019 to $252 billion in 2020.
The Bolingbrook, Illinois-based cosmetics retailer revealed on Thursday that its net sales for the third quarter totaled $2.0 billion, up 28.6% from $1.6 billion in the same period in the previous year.
Zegna may have just celebrated its 110th anniversary, but this is one brand that keeps on evolving. On Friday, the Italian marque will launch a new collection, Zegna Outdoor Capsule, and also unveils a brand new logo.