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Italy's Cucinelli defies slowdown fears with 16.5% growth in sales
Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
ASOS H1 numbers make grim reading, but it reports strong progress, names new CFO
ASOS has reported its results for the 26 weeks to 3 March and as expected, they're not great. But the company did say it's made strong progress on speed and profit initiatives under its Back To Fashion strategy.
Fashion
Appointments
Gucci, Bottega Veneta, Saint Laurent, and Loro Piana honor design icons in Milan
These esteemed fashion houses are collaborating with Gio Ponti, Cini Boeri, Gae Aulenti, Portaluppi, and Le Corbusier, to reinterpret their classic designs in luxurious new forms at the Milan Furniture Fair.
Lifestyle
Design
Dior arrives in New York for a runway show and party at the Brooklyn Museum
Led by women's artistic director Maria Grazia Chiuri, the Fall 2024 collection pays homage to the synergy of New York and Christian Dior.
Luxury
Catwalks
LVMH sales growth slips on luxury spending slowdown
LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousands of dollars on handbags and other accessories.
Luxury
Business
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Business
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales
Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
FTC is preparing lawsuit to block Tapestry’s purchase of Capri
US antitrust enforcers are preparing a lawsuit seeking to block fashion company Tapestry Inc.’s $8.5 billion planned takeover of Capri Holdings Ltd., according to a person with knowledge of the matter.
Luxury
Business
Beiersdorf raises its sales forecast for 2024 after a good first quarter
Beiersdorf raised its sales forecast for 2024 on Tuesday, buoyed by strong first-quarter sales of its flagship Nivea brand in all regions.
Beauty
Business
Bullish Inspecs weathers weak end to 2023 as sales and profits still rise
Despite a profit warning in January, UK-based eyewear producer/distributor Inspecs was in an upbeat mood Wednesday delivering 2023 results that saw revenues inch up and a marginal return to pre-tax profit.
Fashion
Business
Design
Gucci, Bottega Veneta, Saint Laurent, and Loro Piana honor design icons in Milan
These esteemed fashion houses are collaborating with Gio Ponti, Cini Boeri, Gae Aulenti, Portaluppi, and Le Corbusier, to reinterpret their classic designs in luxurious new forms at the Milan Furniture Fair.
Lifestyle
Design
Elie Saab Maison broadens accessories and home linen range, mulls hotel opening
On the first day of Milan Design Week, FashionNetwork.com met Massimiliano Ferrari, CEO of Corporate Brand Maison, who talked about the new initiatives and ambitious projects of Elie Saab’s home interiors line.
Lifestyle
Design
Applications open for evolved Woolmark Prize
Applications have just opened for one of the key emerging-talent-focused prizes, the International Woolmark Prize, with Woolmark saying the contest is “evolving to future-proof fashion”.
Fashion
Design
CFCL’s Yusuke Takahashi on making clothes that have conscious meaning
FashionNetwork.com sat down with the creative designer of Japanese brand CFCL Yusuke Takahashi to discuss single-thread technology, his love for Paris and the importance of eco-conscious clothing.
Fashion
Design
Appointments
L’Oréal USA appoints Silvia Galfo as president of US luxe division
L’Oréal USA announced on Wednesday the appointment of Silvia Galfo as president of the L’Oréal luxe division in the United States.
Luxury
Appointments
Jott appoints Sophie Metzker as director of marketing and digital
Jott, the French puffer jacket brand owned by L Catterton, welcomes Sophie Metzker (formerly of Longchamp and Louis Vuitton) as its new director of marketing and digital.
Luxury
Appointments
New active brand Lavetta launches, names influencer as creative director
Lavetta is an all-new sustainable athleisure brand that launched this week and comes with an interesting choice of creative director — professional dancer, model and social media celebrity Danielle Peazer.
Fashion
Appointments
Harvey Nichols names Alexander McQueen exec Goddard as its new CEO
Harvey Nichols has faced tough conditions in recent years but it’s now hoping for better times ahead with the announcement of a new CEO from one of luxury's major labels.
Fashion
Appointments
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