Moschino and Alberta Ferretti’s parent company is showing positive signs of recovery with the consolidated sales up 5.1 percent. A 20 percent growth is expected in 2021.
The luxury omnichannel retailer’s report details a Q3 rebound in sales that challenges speculation on the state of its business since emerging from bankruptcy last September.
The duo, who first worked together more than four decades ago, are now coeditors at Air Mail.
According to the latest Bain & Company study with Fondazione Altagamma, the outlook for 2021 remains uncertain, based on two possible scenarios playing out in 2021, which would drive sales to amount to between 250 and 295 billion euros.
J. Crew needs to recover the vitality and creative spirit it had for decades.
Marketplace formats are proliferating, opening retailers up to new customers and revenues as well as challenges and risks.
Casual summer dresses, pretty blouses and shorts are being scooped up.
As CDC guidance shifts with the pandemic still ongoing and over half the population yet to be fully vaccinated, apparel retail faces an uncertain comeback.
The new Maison Kitsuné x Helinox collaboration symbolizes a celebration of summer.
The new network engages creative sectors to support the SDGs and COVID-19 response and recovery for the fashion industry.
Sales rose on a low comparative base but are likely to fall again in May.
The shop will feature the brand’s mainline and Essentials younger-themed collections along with a new footwear drop.
The CEO on bringing bricks and clicks together, and continued online growth as Farfetch’s first-quarter sales run up 46.4 percent.
“We think we can create enormous value out of China,” said Burberry’s CEO Marco Gobbetti, who is kicking off phase two of his plan for the brand, and preparing to open a super-luxe flagship in Knightsbridge.
“My story is juxtaposing luxury and street, and it works in most industries,” Buscemi said of his approach to business.
According to a research conducted by KPMG, in the post-COVID-19 era customers will seamlessly transition from physical to digital retail.
CB Insights’ report showed the strongest funding momentum in five years.
The poor performance was due mainly to temporary store closures and reduced traffic resulting from the COVID-19 pandemic.
CEO Marco Gobbetti said, going forward, the plan is to accelerate growth, focusing on full-price sales.
The limited-edition collection is just part of the retailer’s broader sustainability efforts.
William Sweedler has exited the company, which has been attempting to sell assets to pay down debt.
Tod’s sales rose 17 percent in the first three months of the year, but analysts pressed for details on Diego Della Valle’s comments on the “further opportunities to be taken together” with LVMH and Chiara Ferragni’s appointment to the board.
Both groups are tightening operations, and thinking more globally, with hundreds of jobs said to be at risk.
Broderick was most recently fashion director of men’s wear, sports and watches at Harrods, a role he held until 2016.
The mobile shopping app allows consumers to purchase any item at any online retailer with seamless checkouts.
Fashion Business Essentials offers attendees insights into advancing one’s career, or launching a new business.
BASF launched the Sustainable Cotton Grower Fund to support cotton farmers in its e3 program.
The partnership will include consumer-facing programs leading up to fashion week and throughout the year.
The company also revised its guidance, raising its net profit forecast but lowering sales and operating forecasts.
The new funding round, led by EQT Growth, has given the company a pre-money valuation of 3.5 billion euros.
The diversified footwear and apparel company has raised its outlook for the year after experiencing a strong first quarter.
The HFPA’s inexplicable 18-month timeline made a 2022 awards telecast untenable, say industry vets.