Miscellaneous

The latest news

Stockmann formally changes name to Lindex

Stockmann formally changes name to Lindex

​Stockmann Group has been talking about it for some time and now it’s finally happened. The company originally named after its famous Scandinavian department stores business has become Lindex Group.
Fashion
Elite World Group appoints Flavio Facincani as director of brand, licensing, and partnerships

Elite World Group appoints Flavio Facincani as director of brand, licensing, and partnerships

In early March, Elite World Group, the network of modeling agencies, welcomed Flavio Facincani, previously associated with Swinger and Blufin, to the position of director of brand, licensing, and partnerships.
Luxury
Nike under fire in UK over design and price of England football jersey

Nike under fire in UK over design and price of England football jersey

A new Nike-designed and produced England football kit, that would “unite and inspire”, looks to have failed on both counts as controversy and opposition surrounds its release ahead of the Euro 2024 tournament in June.
Fashion
Next remains strong, more confident than ever as it targets UK and US growth

Next remains strong, more confident than ever as it targets UK and US growth

Next’s results for the year to 27 January on Thursday showed — as if we didn’t know — that the business is one of the most successful and well-run in UK fashion. But it has it eye on the US too via partnership deals.
Fashion
Harrods announces more 175th anniversary celebrations

Harrods announces more 175th anniversary celebrations

Harrods kicked off its 175th anniversary celebrations with its Burberry link-up last month and is continuing to mark the birthday in March (and for the rest of the year) with special activations and products.
Luxury
Harvey Nichols cuts jobs but performance improves

Harvey Nichols cuts jobs but performance improves

Harvey Nichols is the latest retailer to announce job cuts in a further sign that the bleak UK retail sector is hurting luxury as much as other price points.
Fashion
The Pinault Collection's 'The world as it goes' opens at the Bourse de Commerce

The Pinault Collection's 'The world as it goes' opens at the Bourse de Commerce

Almost certainly anyone reading this article will have acquired a luxury item produced in the Kering Group. A unique exhibition, 'The world as it goes', allows one to discover how its founder spent his profits. 
Luxury
UK luxury is £81bn industry says new report

UK luxury is £81bn industry says new report

​The UK luxury sector is now worth £81 billion a year to the UK economy and supports 450,000 jobs, according to a new report by British luxury body Walpole. 
Fashion
Inditex's growth strategy: Efficiency, profitability, and responsible expansion

Inditex's growth strategy: Efficiency, profitability, and responsible expansion

On the occasion of the presentation of Inditex's financial results for 2023, the CEO of the Galician conglomerate shed some light on the past fiscal year and unveiled its schemes for future expansion.
Fashion
Meghan Markle launches new lifestyle brand

Meghan Markle launches new lifestyle brand

Meghan Markle, the wife of Britain's Prince Harry, is launching a new lifestyle brand seemingly named after the couple's oceanside California home.
Lifestyle
Shift to online/TV marketing helps improve 4imprint results

Shift to online/TV marketing helps improve 4imprint results

US-based BtB promotional merchandiser 4imprint continues to see healthy demand from the medium-sized companies it supplies, its results for the year ended 30 December show. 
Fashion
Global communications giant The Independents acquires English agency Kennedy

Global communications giant The Independents acquires English agency Kennedy

A month after absorbing Atelier Athem, the consortium of creative agencies has taken over Kennedy, an English entity active in strategic consulting and the creation of brand, culture, and entertainment projects.
Lifestyle
John Lewis back in profit, fashion sales rise

John Lewis back in profit, fashion sales rise

​John Lewis is one of the most closely watched retail giants in the UK at the moment, mainly because of its many problems in recent years. But at least its annual results managed to show it returning to profit.
Fashion
New Zalando strategy targets B2C and B2B transformation, includes more lifestyle categories

New Zalando strategy targets B2C and B2B transformation, includes more lifestyle categories

​Zalando had big news Wednesday, saying it has evolved its strategy to cover a “larger share of [the] fashion and lifestyle e-commerce market” with a “pan-European ecosystem for customers and partners”.
Fashion
Otto Group unveils leadership succession plan

Otto Group unveils leadership succession plan

​Otto Group has announced a succession plan that will see Benjamin Otto succeeding his father Prof. Dr. Michael Otto as head of the group, but not until 2026, with other key changes happening from next year.
Fashion
Luxury e-tail crisis: Is it game over for sector's biggest names?

Luxury e-tail crisis: Is it game over for sector's biggest names?

Matches, Farfetch, Net-A-Porter -- luxury fashion e-tail's dynamic driving forces are facing a crisis nobody expected just a few years ago. So what caused it and is there still a chance they could bounce back?
Fashion