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Luxury goods groups Hermes, Richemont enter blue-chip Euro STOXX 50 index
Luxury goods companies Hermes and Richemont won promotion on Wednesday to the blue-chip Euro STOXX 50 equity index, which could increase investment funds' demand for the stocks that have hit all-time highs.
Luxury
Business
G-III tops guidance with 23% sales rise in third quarter
The parent company of brands including Donna Karan, DKNY and Sonia Rykiel has reported net sales of $1.02 billion for Q3, reflecting a 22.8% increase from $826.6 million in the same period in the previous year.
Fashion
Business
Italian fashion group OTB sets up metaverse company BVX
The Italian fashion group owned by Renzo Rosso has created BVX (Brave Virtual Xperience), a company that will develop projects and content for the virtual world of the metaverse, headed by Renzo’s son Stefano Rosso.
Fashion
Business
Prada sees second-hand fashion as opportunity, weighs partnerships
Italian fashion group Prada sees opportunity in the booming second-hand fashion sector which it can develop both in-house and through partnerships.
Luxury
Business
Design
Pop-punk and grunge looks are set to inspire 2022 fashion
After a year of fluctuations between comfort and elegance, albeit restrained, a wind of freedom may be blowing through fashion in 2022 with the return of punk style.
Fashion
Design
Armani to ban angora wool from next winter season
Armani Group said on Wednesday it would no longer use angora wool starting from the 2022-23 autumn/winter season, adding it to the list of excluded materials under its fur-free policy.
Fashion
Industry
Style, product range, price positioning the secrets to Ganni’s success
According to the Retviews analytical solution by Lectra, the Danish womenswear label has carved a prime niche for itself among other premium fashion brands thanks to its product range strategy and unique positioning.
Fashion
Design
African designers say fashion icon Abloh helped 'open door'
African fashion designers on Monday paid tribute to American star designer Virgil Abloh for helping "open the door" and allowing them to be seen and heard in the global industry.
Luxury
Design
Appointments
Delta Apparel appoints Simone Walsh as CFO
Delta Apparel Inc. announced on Tuesday that its board of directors has appointed Simone Walsh as the company’s vice president, chief financial officer and treasurer.
Fashion
Appointments
VF Corp names Nina Flood as president of Eastpak, JanSport and Kipling
The American owner of brands including Vans, The North Face and Supreme has appointed Nina Flood to the role of president of its global packs business, which brings together the Eastpak, JanSport and Kipling labels.
Fashion
Appointments
JD Sports appoints tech-savvy Sabetnia to board, as Jackson departs
After announcing quite a few new arrivals to its executive board over the year, JD Sports Fashion on Tuesday had another to non-exec to welcome, alongside one departure.
Fashion
Appointments
Inditex founder's daughter to become chairwoman, new CEO named
Spanish fashion retail giant Inditex said Tuesday Marta Ortega, the daughter of its founder, will take over as chairwoman in April with a new CEO, as a last step of a generational handover started a decade ago.
Fashion
Appointments
Trends
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