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Prada sees sales growth in second half after strong recovery in H1

Prada sees sales growth in second half after strong recovery in H1

Italian fashion group Prada sees sales rising further in the second half of the year after revenues beat market expectations in the first six months, extending a recovery from the worst of the Covid-19 crisis.
Luxury
Westfield owner URW is cautiously optimistic as Europe bounces back

Westfield owner URW is cautiously optimistic as Europe bounces back

Unibail Rodamco Westfield has reported H1 results and continued to see “significant Covid-19-related disruption” in the first six months. But it also highlighted its ongoing “resilience in tough operating conditions”.
Fashion
Canadian designers get a new summer runway event

Canadian designers get a new summer runway event

This August, the Friday Harbour Fashion Collective series will feature two different in-person fashion shows highlighting a line-up of designers and retailers curated by CAFA. 
Luxury
Saks Off 5th appoints Amazon alum as chief operating officer

Saks Off 5th appoints Amazon alum as chief operating officer

Hot on the heels of its spin-off as a standalone company, the Saks Off 5th e-commerce business has announced the appointment of former Amazon exec Shivi Shankaran as its new COO.
Fashion
Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia

Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia

Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann. 
Fashion
Steve Madden sees strong recovery in retail channel; sales still not at pre-Covid levels

Steve Madden sees strong recovery in retail channel; sales still not at pre-Covid levels

The group announced a 178.6% increase in Q2 revenue on Wednesday, growth driven by the retail channel, which was, nonetheless, still not able to bring the company’s sales in line with pre-pandemic levels.
Fashion
Aeffe increases stake in Moschino to 100%

Aeffe increases stake in Moschino to 100%

The fashion group, which has owned 70% of its flagship brand since 1999, has purchased the remaining 30% from Italy's Siny, taking complete control of the business. The value of the transaction was 66.5 million euros. 
Fashion
Gucci and Rolex are still just as popular when it comes to counterfeits

Gucci and Rolex are still just as popular when it comes to counterfeits

If there's one sector that doesn't seem to be struggling, it's the market for counterfeit goods with Rolex, Louis Vuitton and Gucci featuring among the brands whose counterfeits are the most popular online.
Luxury
BFC maintains charitable giving despite lower funding in latest year

BFC maintains charitable giving despite lower funding in latest year

​The British Fashion Council has released its annual report for 2020/21 in which it shared some of the achievements of what was one of the most challenging years ever.
Fashion
Bally's AW 21 campaign celebrates Swiss modernism and natural landscapes

Bally's AW 21 campaign celebrates Swiss modernism and natural landscapes

​Bally has unveiled the AW21 campaign for its Legacy Continua collection that “pays tribute to 170 years of excellence in design and leather craftsmanship since 1851”.
Fashion
Safilo expands Blenders Eyewear to UK and Ireland

Safilo expands Blenders Eyewear to UK and Ireland

​Eyewear giant Safilo is investing heavily in the US-based Blenders business that it acquired a year ago and has launched in the UK and Ireland via e-commerce.
Fashion
Theory collaborates with former Lanvin designer Lucas Ossendrijver

Theory collaborates with former Lanvin designer Lucas Ossendrijver

Men's and women's contemporary fashion brand Theory is set to collaborate with Dutch fashion designer and former Lanvin menswear designer, Lucas Ossendrijver. 
Luxury
Man robs Parisian jeweller Chaumet using stand-up scooter as getaway

Man robs Parisian jeweller Chaumet using stand-up scooter as getaway

An armed man using a stand-up scooter Tuesday robbed famed Parisian jeweller Chaumet of up to three million euros worth of jewellery in an audacious evening heist, a source close to the case said.
Luxury
Moncler's own brand sales rebound above pre-pandemic levels in Q2

Moncler's own brand sales rebound above pre-pandemic levels in Q2

Revenues at Italian luxury down jacket maker Moncler topped analyst expectations in the second quarter helped by easing COVID-19 restrictions, adding to evidence of a sharp rebound in the sector.
Luxury
Kering sales nearly double in Q2 as Gucci steams ahead

Kering sales nearly double in Q2 as Gucci steams ahead

Sales at French luxury group Kering nearly doubled in the second quarter as coronavirus curbs were relaxed in much of the world, with its star fashion label Gucci accelerating sharply.
Luxury
Wales Bonner launches Vision Songs collab with Laraaji

Wales Bonner launches Vision Songs collab with Laraaji

Grace Wales Bonner has launched a very novel Vision Songs collab with musical pioneer Laraaji, in the latest design partnership by the very indie UK designer.
Luxury