Articles by Diane Vanderschelden
Puig to conquer Asia: heading for 3 new markets
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Puig, the Spanish perfume and cosmetics giant, is set to conquer Asia. The recent opening of subsidiaries in India, Japan and South Korea signals the time for an ambitious offensive, which positions Puig as a major player in this region with immense potential. A new chapter for Puig in Asia In 2023, Puig set up shop in South Korea by creating...
New talents and expected returns: Paris Fashion Week unveils its SS25 calendar
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The Fédération de la Haute Couture et de la Mode (FHCM) has officially unveiled the provisional calendar for the upcoming Paris Fashion Week Women's Spring/Summer 2025 season. The event, scheduled from September 23 to October 1, 2024, promises a vibrant showcase of creativity and innovation. This season features an impressive lineup of 108...
Fenty Beauty partners with the Paris 2024 Olympic Games
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Pop icon and seasoned businesswoman Rihanna has announced her cosmetics brand Fenty Beauty's partnership with the Paris 2024 Olympic and Paralympic Games in true style. In an Instagram photo, a nod to her previous trip to Paris, Rihanna replaced her partner A$AP Rocky with a giant Fenty Beauty lip gloss, making the long-awaited collaboration...
UK court halts transfer of shares at SMCP
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A significant development has occurred in the SMCP case, the company overseeing Sandro, Maje, Claudie Pierlot and Fursac. The British High Court has invalidated the sale of a 15.9 percent stake in the French ready-to-wear company, initially sold to Dynamic Treasure Group, an entity linked to the founder of Shandong Ruyi, the former owner of...
On a comeback: Abercrombie & Fitch stock outperforms Nvidia
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Once a brand in decline, Abercrombie & Fitch, the iconic 1990s brand known for its preppy style, has made an unexpected comeback in the retail world, giving it the status of an unlikely market leader once again. The news was so significant that the Wall Street Journal dedicated an entire report to it: “Why Abercrombie & Fitch’s Stock Has...
Can blockchain and NFC chips put an end to counterfeiting and idea theft in the fashion industry?
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The fashion industry is facing a double threat: a rise in counterfeiting that eats into their profits and a fast-fashion culture that copies designs with impunity. But blockchain offers a glimmer of hope. Or rather, a concrete answer. Blockchain: Tracking a fashion item’s entire journey A blockchain is essentially “a large, public, distributed...
Moncler, a leader in sustainable luxury according to TIME and Statista ranking
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TIME and Statista have ranked the Italian fashion house highly for its sustainable practices, commending its efforts in recycling, renewable energy, and carbon neutrality goals. In a recent study conducted by TIME magazine and data firm Statista, Moncler stands out as one of the most committed companies to sustainability worldwide. Taking third...
Esprit considers exiting Greater China market to revive struggling business
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Esprit, the once-booming clothing brand, is in talks to sell its entire Greater China business, including Taiwan and Hong Kong, in a bid to raise much-needed capital and restructure its operations. The company, which has been struggling financially, is reportedly in the final stages of negotiations with an unnamed third party for a potential...
Will relocation and digitalisation help in the renaissance of France’s fashion retail sector?
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Which industries, with the possible exception of emerging ones, bring only good news? Once thriving, the retail sector in the French textile and clothing industry is now facing a host of challenges. Competition from low-cost countries, the rise of e-commerce and changes in consumer habits have undermined what was once a dynamic sector. Far from...
Between heritage and rupture, how the young generation is redefining luxury
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In a world dominated by social networks and immediacy, how is the notion of luxury transmitted to younger generations? What values do they cherish and how do they differ from their parents in their approach to luxury? To answer these questions, a study was carried out by Sociovision and Brain Value (subsidiaries of the IFOP group), at the...