Fashion
The latest news
Patou: Polished, pretty and powerful in Samaritaine
Fashion weeks never seem to stop in Paris. On Friday morning, the day after the haute couture season ended, Patou unveiled its Fall/Winter 2023 ready-to-wear collection. Guillaume Henry’s best for the house.
Fashion
Aeffe closes 2022 with revenue of €352 million, up 8.4%
In 2022, fashion group Aeffe, owner of Alberta Ferretti and Moschino, grew in all regions except the Far East, with Italy up 17% and the rest of Europe by 59.3%, thanks especially to its direct retail performance.
Fashion
Archroma launches first dyes derived from recycled textiles
Dyes specialist Archroma has utilised its new FiberColors technology to create dyes that are synthesised for at least 50% from selected textile waste, and are less dependent on hydrocarbons.
Fashion
H&M's profit tumbles more than expected as costs bite
Sweden's H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags.
Fashion
ASOS names key finance exec to team
ASOS is doubling down on its efforts to kickstart its recovery and has reportedly appointed a senior restructuring executive to its finance department, as it continues to talk to its syndicate of lenders.
Fashion
Mixed news from Superdry as Christmas is strong but wholesale lag dents profits
Superdry reported “strong” Christmas trading on Friday and generally rising sales, but it scaled backs its profit forecast to "breakeven" and stayed cautious on its outlook for the rest of the year.
Fashion
Prada launches ninth exclusive timecapsule NFT
On February 2, Prada drops its ninth limited-edition 'Timecapsule Collection' paired with a corresponding gifted NFT.
Fashion
Foot Locker reveals staff cuts on wind down of Sidestep Europe ops, top exec departs
U.S. specialty footwear retailer Foot Locker announced in a regulatory filing on Thursday that Andrew Gray, EVP, global lockers and Champs Sports, had left the company, effective January 23.
Fashion
Abrand Jeans launches first-ever global 'Next Icons Model Search'
Contemporary denim brand Abrand Jeans has launched its first-ever global 'Next Icons Model Search' giving fans a chance to be the next face of Abrand Jeans.
Fashion
Pacsun reshuffles leadership, names new co-CEOs
As part of the transition, effective March 9, 2023, Brie Olson, Pacsun president and board member, will be appointed co-chief executive officer, alongside co-CEO Mike Relich.
Fashion
Visa profit beats estimates on resilient consumer spending
Visa Inc's first-quarter profit beat Wall Street targets on Thursday as its payments volume held steady with Americans still spending on international travel despite an economic slowdown.
Fashion
Italy's Safilo slightly beats FY guidance as sales reach 1.08 billion euros
Safilo on Thursday narrowly beat its forecasts on full-year revenues, posting a 4.2% rise at constant exchange rates thanks to the positive performance of its own brands as well as of its licensed business.
Fashion
Harvey Nichols is latest big name to say no thanks to fur
Harvey Nichols has become the latest key fashion vendor to say it will go fur-free, joining other stores and brands that have made the move as campaign groups continue working to drive fur out of the fashion industry.
Fashion
Podcast: Pierre-Nicolas Hurstel of Arianee unpacks Web3 challenges facing the fashion industry
In this new episode of the LuxurynsightXFashionNetwork podcast series, Pierre-Nicolas Hurstel, CEO and co-founder of Arianee, talks with Olivier Guyot about the challenges facing fashion labels in the Web3 ecosystem.
Fashion
Tendam increases revenues by 8.6% during first nine months of its fiscal year to 840 million euros
During the period between March 1 and November 30, 2022, the parent company of brands such as Cortefiel and Women'secret broke its turnover record.
Fashion
Thom Browne takes control of its South Korean operations
The luxury brand of the eponymous designer has reached an agreement with its partner Samsung C&T Corporation to take over direct operation of its business in South Korea through the creation of a new company.
Fashion