Business

Frasers Group reports revenue increase amid elevation strategy expansion

UK-based retail conglomerate Frasers Group has announced its full year financial results for the 52 weeks ended April 26, 2026. The company reported an 8.7 percent increase in revenue to 5.3 billion pounds (7.17 billion dollars), heavily supported by international revenue growth of 59.2 percent. Reported profit before tax, increased by 38.9...

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La Perla Atelier names Alessio Vannetti as new CEO

Luxury lingerie brand La Perla Atelier has appointed former Gucci and Valentino executive Alessio Vannetti as its new chief executive, as part of the brand’s ongoing relaunch strategy under new owners Kristen and Peter Kern. In a statement, La Perla said that Vannetti will join the company on September 1, while Paolo Vannucchi, who has served as...

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Retail

Aldi enters fashion market with 'Aldi Studio' collection in France

Paris - For decades, retailers built their reputation on price. Tomorrow, they may well build it on their image. As food margins shrink and consumers become more selective with their spending, retailers are looking for new ways to differentiate themselves. One of the most unexpected is through clothing. What was once a simple communication stunt...

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How barefoot shoes are conquering fashion

What do Chanel, Dior, Louis Vuitton, Camper, Vans and Tamaris have in common? In recent months, they have all introduced shoe models that are reminiscent of barefoot shoes or are explicitly marketed as such. They are tapping into a trend that has long existed far outside of fashion. Once derided as an eco-friendly or health shoe, barefoot shoes...

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