Italian fashion brand Gucci will accept cryptocurrency across its network of U.S. stores this summer, as the Kering-owned brand ventures into digital currency and expands deeper into Web3.
U.S. cosmetics giant Revlon Inc. announced on Wednesday an almost 8% uptick in net sales for the first quarter, helping the company post record operating income for three months ending March 31.
The Danish jewelry brand warned on Wednesday of the heightened uncertainty of its annual forecast, despite record-breaking first-quarter sales and slightly increasing its sales guidance.
First quarter sales at Italian fashion group Moncler jumped by 60%, driven by a strong performance in China that offset new Covid-19 restrictions, as well as a surge in U.S. and online sales.
The French brand is teaming up with the London-based retailer to launch "Le Bleu," a project which includes a dedicated space in Selfridges' Corner Shop, a new vending machine pop-up store, and an immersive experience.
In addition to a new leather goods workshop in Tuscany, the Italian label is planning to inaugurate next autumn a footwear factory in the Marche region, in central Italy.
In Q1 2022, the Italian eyewear group recorded net sales of €282.6 million, up by 8.4% at constant rates. Gross income was on the rise too, up by 23%, as were gross margin, at 55%, and adjusted EBITDA, at 11.3%.
Even more than Blake Lively, Kylie Jenner or Kim Kardashian, it was the corset that stole the show on the red carpet at the Metropolitan Museum of Art for this year's Met Gala.
The Italian influencer, who joined Tod’s board in 2021, features for the first time for the luxury footwear brand in the ‘Tod’s Generations’ campaign, alongside her mother and sisters.
French fashion and lifestyle brand IKKS Paris is landing in the UK with two new stores set to open in London, on key shopping thoroughfares Carnaby Street in the West End and the King’s Road in Chelsea.
Matchesfashion has named a new Chief Financial Officer with Dave Murray set to join the luxury retailer and e-tailer from its peer Farfetch, where he was Senior VP of Finance.
Financier Klarna is to begin reporting its customers to credit agencies from June, ahead of a crackdown affecting the growing buy-now-pay-later (BNPL) industry.
Cheery news for London retail. After the pandemic starved the capital of overseas tourists, they’re now expected to flock back, according to a new report.
Digital fashion retailer The Very Group has formed a partnership with consumer experience platform True Fit to provide personalised size and fit guidance across its 300 fashion brands.
The British Fashion Council's programme to support industry talent for fiscal year 2021/2022 has topped £1.3 million. Of the total, £932,500 was paid by its foundation as part of the BFC’s grant-giving initiatives.
