Fashion

Fashion's next big thing? The luxury pet market

With 88 million households in Europe owning a pet it is no wonder luxury brands are targeting the upper echelon of the market to sell high-end accessories and haute couture pet wear. Gucci, Prada, Versace, Missoni, Louis Vuitton, Ralph Lauren, Hermes, most catwalk houses will allocate a small collection to man’s four-legged friend. Some even...

13 hours ago

Business

Sneaker start-up Rens looking to raise 1 million US dollars

Finnish sustainable sneaker start-up Rens, which makes shoes made from coffee grounds, is looking to raise 1 million US dollars with a Kickstarter campaign to fund the manufacture of its new Nomad shoe, which represents a revolution in eco-design. The company’s founders, Jesse Tran and Son Chuis are pioneering the use of recycled materials in...

15 hours ago

Fashion

New Look full-year sales plummet, but recovery underway

New Look has reported a steep drop in full-year revenue after the high street retailer was hit hard by store closures during the pandemic, but its sales have rebounded strongly in the first quarter of the current financial year. Revenue for the year to March 27 dropped 40 percent to 542.2 million pounds, compared to 912.8 million pounds a year...

15 hours ago

Business

Ralph Lauren returns to Q1 earnings growth, revenue up 182 percent

Ralph Lauren Corporation said, earnings per diluted share for the first quarter were 2.18 dollars on a reported basis and 2.29 dollars on an adjusted basis compared to loss per diluted share of 1.75 dollars on a reported basis and negative 1.82 dollars on an adjusted basis, for the first quarter of fiscal 2021. In the first quarter of fiscal...

17 hours ago

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