The German company ended a patchy year, heavily impacted by the pandemic, with single-digit decreases, but the brand revealed optimistic plans for the future.
The company is acquiring the remaining 30 percent stake in Stone Island owned by Singapore-based Temasek for 345 million euros.
Furniture and home products outperformed women’s apparel in the period.
The COVID-19 pandemic continues to challenge The RealReal, which reported a $53 million net loss in its fourth quarter.
Macellum, Ancora, Legion and 4010 Capital have proposed a new board and a revamp for the retailer.
Macellum, Ancora, Legion and 4010 Capital are pushing for the retailer to cut costs and sell real estate.
Strong demand for leather goods like the Birkin handbag propelled the French luxury brand ahead of its competitors in the fourth quarter.
Moncler chief Remo Ruffini mapped out 2021 projects as the company reported a performance last year that beat analysts’ expectations.
The British lingerie start-up is known for its mix of sexy and inclusive offerings.
The retailer said its fourth quarter benefited from continued spending during the ongoing pandemic.
Online sales climbed 62 percent at Valentino and mainland China retail sales rose 44 percent in 2020, but the effects of the COVID-19 pandemic drove total revenues down 28 percent.
The French luxury group is betting on an “always on” strategy of digital storytelling and events to reboot its underperforming star brand.
The behind-the-scenes e-commerce powerhouse has picked up its pace as the world clicks more than ever.
January gave some much-needed momentum to fashion retailers.
The start-up partners with Balenciaga, COS and Ba&sh, and points to greater interest from brands having a say in secondhand.