Now the world's most popular fashion house, according to the fashion search platform Lyst, Balenciaga hasn't stopped making the news this year with ideas that seem each more ingenious and avant-garde than the next.
The multi-service agency has bolstered its senior staff by naming Jessica Juliano as head of omni-channel operations, Giovanni Pungetti as head of Asia and Giovanni de Marchi, ex Slam Jam, as head of brand partnerships.
NewRiver has been busy selling off some of its shopping centre interests. The London-based real estate investment trust has sold Poole Retail Park in Dorset and Templars Square Shopping Centre in Cowley, Oxfordshire.
Celebrity choices and collaborations were key to fashion this year as consumers got back to almost normal life. And Balenciaga was the label that benefited most with interest spiking, Lovethesales.com research shows.
Footwear fit tech specialist Volumental has raised $13 million in a new funding round as it works to grow in Europe and Asia. It has the world’s largest dataset of 3D foot scans and is already strong in the US market.
Sales at Stella McCartney fell to £28.4m from £38.6m as the pandemic hit last year. And it saw a pre-tax loss bigger than its sales at £31.4m. But 2020 was also a year of renewal and it said 2021 sales are recovering.
Chinese provincial authorities have ordered celebrities and livestreamers to report tax-related crimes before 2022, just days after China's "queen of livestreaming" Viya was fined $210 million for tax evasion.