MAV Beauty Brands announced on Thursday net sales gained by almost 15%, with the lift unable to offset a profit dive for the fourth quarter, as the Canadian beauty company went back into the red to end its full year.
The Chinese group, owner among others of Lanvin and Sergio Rossi, is about to list on NYSE, and is keen to become a leading player in the luxury industry, aiming to increase its revenue three-fold by 2025.
Chabi Nouri, most recently the CEO of Piaget, is to join the Private Equity division of Mirabaud Asset Management as Private Equity Partner, working alongside David Wertheimer, scion of the family that controls Chanel.
Leading UK rental platform Hirestreet has named Rosie Hartman as its Strategy Lead who will be responsible for driving its new direction at the same time as it has launched new branding and a new website.
The former president of El Corte Inglés returns to fashion with a bang, opening his own WOW concept store in Madrid's Gran Vía and an innovative e-commerce platform. FashionNetwork.com interviews the entrepreneur.
The Dutch retail group has closed down its subsidiary Canda International, which specialised in producing formal and occasion wear, market segments that have been especially hit by the negative effects of the pandemic.
Pittards is back in the black. The recovering leathergoods specialist cited two major positives for the year-end results to 31 December 2021: a return to full-year profitability and an improved order book for 2022.
Threads Styling has raised $12 million in a new fundraising round. Expect the new cash injection to help the UK-based global luxury chat-based shopping platform continue to expand its current product offer.