Two diametrically opposed women walked the Milanese runway on Thursday. On the one hand, there was Moschino's sensuously sophisticated 1940s lady, on the other, the shifting, enshrouding silhouette proposed by Prada.
The revenue of top fashion multinationals plummeted by 21.8% in the first nine months of 2020 because of the pandemic, according to a study published on Wednesday by Italian investment bank Mediobanca.
The Italian fashion group has created a new managerial position charged with leading its on and offline image, a role that the company has confided to Alan Prada, who is best known for his experience in the press.
Ray-Ban maker EssilorLuxottica has offered to sell assets in three EU countries in a bid to gain EU antitrust approval for its 7.2-billion-euro purchase of GrandVision, a person familiar with the matter said on Tuesday.
Milan's women's ready-to-wear fashion week will once again be taking place via a phygital format. The event runs from 23 February to 1 March and will feature 61 shows, including big-name brands and new arrivals.
Top luxury groups are taking concrete steps to promote ethical fashion, especially in the areas of diversity, inclusivity, environmental and social responsibility, as shown by recent projects by Capri, Prada and Kering.