Luxury group Ermenegildo Zegna welcomed a positive uptick in revenue for both the first half of the year and the second quarter, as it continues …
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Richemont acquires controlling stake in Italian shoemaker Gianvito Rossi
Luxury group Richemont has announced the acquisition of a controlling stake in Italian shoemaker Gianvito Rossi for an undisclosed sum. The founder, CEO and creative …
Adidas announces second phase of Yeezy inventory sale
Sportswear giant Adidas has announced the second release of its leftover Yeezy inventory which is set to drop throughout August across the world. The announcement …
Kering names Armelle Poulou chief financial officer
Luxury group Kering has announced the appointment of Armelle Poulou as its new chief financial officer, effective September 1. Poulou first joined the group in …
Lectra posts 8 percent drop in Q2 revenues
Lectra’s second quarter revenues of 115.9 million euros were down 8 percent, while EBITDA at 15.6 million euros decreased by 30 percent and EBITDA margin …
John Lewis names new head of customer planning & channels
Andreas Nicolaides will join John Lewis in October as head of customer planning & channels. The company said in a release that Nicolaides’ mandate will …
URW sees slowdown in US fashion, but tenant sales are up
Retail giant Unibail-Rodamco-Westfield (URW) posted upbeat financials for the first half of 2023, as it welcomed an overall net rental income growth of 1.1 percent, …
Phase Eight unveils new store concept at relocated Milton Keynes store
British womenswear brand Phase Eight has revealed a new retail concept at its relocated Centre:mk store on Silbury Arcade. The label has opened the first …
Istituto Marangoni Milan launches special mentorship project with scholarships
Istituto Marangoni Milano has appointed a new mentor for the academic year 2023/2024. The Mentorship Programme at the Italian institution is launching a special project …
Nike, Adidas and Puma do not sell goalkeeper jerseys
Major sporting goods groups such as Nike, Adidas and Puma rely on an ever-growing selection of football jerseys and even offer special, alternative and warm-up …