Dolce & Gabbana solicited customer feedback via YouTube, and Giuseppi Zanotti has conceived a boot that lights up in various colors selected by the wearer.
Down but not out, the luxury market should look to new categories — along with female and older consumers — to boost its bottom line in 2010.
11th-hour modification should allow eyewear firm Safilo to avoid default.
New categories forecast to help lift sector sales by 4-5 percent in 2010.
Saks Inc. credit facility now expires in November 2013.
Debt-ridden eyewear maker given more time in tender offer.
Internet fashion retailer Yoox Group launched an initial public offering on Monday that could raise as much as 126 million euros.
Benetton Group SpA forecast around a 2 to 3 percent decline in 2009 revenues and “satisfactory profitability” after third-quarter earnings gained 47 percent.
Bulgari SpA returned to profit in the third quarter and said the gradual improvement in sales in the period was continuing through November.
Aeffe SpA said it hoped cost-cutting initiatives and a newly signed license agreement with French label Cacharel would lift the Italian fashion group in 2010.
Eyewear firm Safilo loss widens to $71.6 million in third quarter.
Pitti Immagine Uomo will change its layout, and has hired Spanish architect Patricia Urquiola to design “a kind of urban fashion district” for the fair.
The Italian luxury shoe and leather group Tod’s reiterated its bullish outlook for the year, forecasting “excellent results in 2009.”