SMCP has been one of the market’s biggest success stories of recent years and it looks like that success story is continuing. The company issued its Q2 results on the last day of July and described them as “superb”.
Selfridges is continuing its strategy of frequent, exclusive product launches and interesting pop-up stores with the latest including an exclusive Red Valentino capsule, a Fendi Kiosk, plus Medea and Réalisation Par.
Aeffe had a strong first half as success in Greater China helped to drive net profits up by almost 80% and it also turned in a healthy double-digit revenue rise, with the increase spread across both RTW and leathergoods.
Sustainability was the key message at Pure London as its new Conscious section debuted with a broad selection of sustainable brands and the seminar and discussion programme took a deep dive into the issue.
Moncler has been shaking up its business in recent periods with a new approach to design. But is its shake-up paying off? It certainly looks like it as its Genius collections are driving renewed interest in the brand.
A federal court in California has granted Italian luxury goods company Versace’s request for an order barring four fashion and lifestyle companies in Italy and Florida from using Versace in their names.
As it pushes forward with the expansion of its network of brick-and-mortar stores and fulfillment centers, the US-based platform dedicated to second-hand luxury products has received $115 million in Series G financing.