The chief executive and top shareholder of Moncler played down speculation around a takeover by Gucci-owner Kering on Thursday, saying the two firms sometimes talked but that there was no deal in the works.
Continuing its efforts to align itself more closely with consumers’ appetite for fashion experiences, the BFC has revealed the two designers who will be staging public-facing catwalk shows at LFW in February.
Dubbed 'The Journey', the Canadian luxury parka maker said the flagship store set to open on Thursday in CF Sherway Gardens, in Toronto, Canada, was “designed to push the boundaries of e-commerce and retail."
In her first Métiers d'Art collection for Chanel, Virginie Viard looked to Gabrielle Chanel's iconic apartment at 31 Rue Cambon, reinventing the brand's historical codes in a much-applauded show at the Grand Palais.
The owner of Donna Karan and DKNY announced a 5.2% increase in sales for the third quarter on Wednesday, a lower than expected increase, which combined with the company’s lowered full-year guidance, sent shares tumbling.
As luxury giants continue to snap up the world’s top brands, could the latest move be Kering preparing to buy Moncler? It could be if news reports are to be believed, although neither company has commented.
Philip day’s Edinburgh Woollen Mill Group has reported higher profits and expansion in its luxury ops. The multi-brand group made net profit of £23.4m in its latest period with operating margins up to 10.25% from 8.27%.
Aquascutum’s Chinese owner is the subject of a potential lawsuit over unpaid invoices, as fears over a liquidity crisis persist. A Portuguese fabrics firm called Calvelex is expected to take it to court this week.
Sales to international shoppers are predicted to continue to outperform sales to locals in the UK following a strong performance in the first 10 months of this year, according to data from VAT-reclaim specialist Planet.
The 18th edition of Art Basel Miami Beach may not start officially until Thursday, but the worlds of art and fashion are already descending on the Magic City for a week of exhibitions, installations and fashion shows.