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The Gucci paradox: While new sales collapse, second-hand sales explode
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Just In
Moncler: Meeting approves a dividend of 1.30 pounds and elects a new board
The Moncler shareholders' meeting approved the financial statements for the year 2024 and the distribution of a dividend of 1.30 euros per share on Wednesday, April 16. According to a statement, the new board of directors was also appointed. It is composed of 15 members for the three-year period 2025-2027 and will remain in office until the...
BusinessFeatured18 minutes ago
FW25 designer statement jeans
The fw25 runway collections highlighted the importance of the statement jean. One of the biggest trends of the season was the idea of proportion play, with the skinny jean more or less out of style, replaced by wide, barrel and baggy legged versions. There was a wide range of washes and features. Here are ten of the most interesting. Bluemarine:...
Fashion 39 minutes ago
Tala names new commercial director to scale growth
British activewear brand Tala, founded by influencer Grace Beverley, has appointed Rapha’s Darren Read as its new commercial director as the brand looks to scale “to the next level”. The appointment follows the recent announcement of Tala opening its first retail store on Carnaby Street in London this spring and the 5-million-pound investment...
PeopleFeatured1 hour ago
Hermès becomes leading stock market capitalisation of CAC 40, ahead of LVMH
Paris - The French luxury group Hermès dethroned its rival, the French luxury giant LVMH, on Tuesday, becoming the leading stock market capitalisation at the close of the CAC 40, the benchmark index of the Paris stock exchange. It also became the most valuable luxury company in the world. Hermès' stock market valuation reached 248.60 billion...
BusinessMember2 hours ago
Bravissimo CEO confirms departure following Wacoal acquisition
Leanne Cahill, chief executive officer of lingerie brand Bravissimo, has confirmed she is exiting the company, following its acquisition by Wacoal Europe, the UK subsidiary of Japanese lingerie giant Wacoal Holdings Corp. On LinkedIn, Cahill said: “All good things must come to an end, and six months post-acquisition it’s now time for me to say...
PeopleFeatured2 hours ago
River Island launches resort wear in collaboration with Del Maar
British fashion retailer River Island has launched a resort wear collaboration with Latin-Australian brand Del Maar as part of its ‘Behind The Design’ series celebrating independent creatives. The limited-edition River Island x Del Maar collection draws inspiration from the coastal lifestyle embraced on Australian shores and features bold...
Fashion |In Pictures 3 hours ago
Crave to revive Project Runway Canada
Crave, Canada’s leading content company from Bell Media, is reviving Project Runway Canada, the Canadian adaptation of the globally renowned fashion competition series. In a statement, Crave announced a 10-episode order for Project Runway Canada and named Canadian model Coco Rocha as host and judge, with Canadian television personality, fashion...
Fashion 3 hours ago
Good On You report reveals “alarming” gaps between fashion industry’s environmental commitments and actions
Sustainability ratings company Good On You has released its Fashion Planet Benchmark Report, which has analysed data from more than 5,400 large (1,372) and small brands (4,032; based on annual turnover) in terms of emissions tracking, supply chain transparency and circular design initiatives. The report reveals “alarming” gaps between the...
BusinessMember4 hours ago
Benetton CEO: Restructuring is on track
The restructuring at Benetton is reportedly proceeding according to plan. Benetton chief executive officer Claudio Sforza provided an update on the company last week at 'Top 100', an event organised by Nord Est Multimedia in collaboration with Pwc at the Benetton Group headquarters in Castrette di Villorba in Italy. According to 'Il Nord Est'...
BusinessMember4 hours ago
Euratex signs strategic partnership with Tunisian textile federation
European industry organisation Euratex is strengthening its collaboration with the Fédération Tunisienne du Textile et de l’Habillement (FTTH). According to a press release, the strategic partnership between Euratex and the Tunisian textile federation should strengthen industrial cooperation between the two parties. Euratex indicates that it...
BusinessMember4 hours ago
Desigual closes 2024 with sales of 332 million euros
Madrid – Spanish fashion multinational Desigual reported its key economic indicators recorded at the close of its last financial year, 2024. The company completed the year with a turnover of 332 million euros. Based on information provided by the Spanish company's management, Desigual closed the 2024 financial year with total sales of 332...
BusinessFeaturedMember6 hours ago
Gymshark opens first European outlet store in Roermond
British sportswear brand Gymshark is set to open its first Dutch outlet store in Roermond on April 17, Gymshark’s general manager wholesale and retail, Hannah Mercer, told FashionUnited. It is also the first outlet store on mainland Europe and the second worldwide. Gymshark’s first ever outlet store is located in Bicester Village (the UK). “We...
Retail6 hours ago