Analysts brushed off consequences of Renzi's resignation on luxury.
• Luisa Zargani
Escada Sells Stake in Féraud
BERLIN — Eager to focus on its core business, Escada said Wednesday it sold its 90 percent stake in Louis Féraud GmbH to Bavariaring Modeholding AG, a subsidiary of Munich-based private equity firm Bavaria Industriekapital...
It was a big night for Demna Gvasalia at the Fashion Awards 2016 in London: The designer took home the award for international ready-to-wear designer for his work at @balenciaga, while his brand @vetements_official scooped international urban luxury brand. (📷: @giovanni_giannoni_photo)
Despite decades of enforcement, the plague of sweatshops still exists in America: "The sad reality is for workers in this industry there are still incredible problems and workers in this industry are subjected to inexcusable levels of violations of our basic labor standards." - David Weil, The Department of Labor Wage and Hour
Fashion's most famous potato is coming to New York, as Paris' Caviar Kaspia is opening a TriBeCa pop-up for three delicious months, starting December 7...Better get your #NYFW reservation now. 📷: @caviarkaspia #wwdeye