And they are off. Applications opened Friday for aspiring talent in the LVMH Prize, the most financially beneficial annual award in fashion. Young hopefuls - limited to under 40 years - have until February 4 to apply.
Inditex may have beaten the tough market in its latest period but fellow giant H&M hasn’t done so well. It said that while it “continued to grow globally during 2017 in a rapidly changing industry,” Q4 sales dropped.
Online shopping has its limits and physical stores will never go out of fashion, says the CEO of Unibail-Rodamco which is betting $16 billion (£12 billion) on buying Westfield to create a global mall giant.