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Christie's proves luxury's secondary market continues to be an earnings boon
The international auction house posted a banner year in 2022 with watches, jewelry, andhandbags, and is on track for the same in 2023.
Luxury
Business
Coty reports a 12% increase in annual sales
While it is considering a dual listing on the Paris Bourse, American beauty group Coty is reporting sales of $5.55 billion for its 2022/23 financial year, up 12% on a like-for-like basis.
Beauty
Business
Milan Fashion Week brims with September runway spectacle
With 60 physical shows compared to 54 in February, the upcoming Women's Fashion Week in Milan promises an exhilarating spectacle, especially from Gucci and Tom Ford, along with Moschino's 40th-anniversary celebration.
Fashion
Catwalks
Macy’s earnings top forecasts as promotions attract shoppers
Macy’s Inc. profit beat analyst expectations as markdowns attracted bargain-hunting shoppers who are pulling back.
Fashion
Business
Will Macy’s, Nordstrom merchandise overhauls lure shoppers?
Quarterly results from Macy's and Nordstrom this week will allow investors to find out whether new inventory at lower prices are finally drawing shoppers back to the U.S. department store chains.
Fashion
Business
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Christie's proves luxury's secondary market continues to be an earnings boon
The international auction house posted a banner year in 2022 with watches, jewelry, andhandbags, and is on track for the same in 2023.
Luxury
Business
Urban Outfitters posts record second-quarter sales
Urban Outfitters Inc. announced on Tuesday total company net sales for the three months ended July 31 increased 7.5% to a record $1.27 billion, on the back of increases at its Free People and Anthropologie brands.
Fashion
Business
Nike eyes record losing streak on China concern, inventory woes
Nike Inc. shares are on track to suffer a record streak of losses as concern over China’s sluggish consumer recov
Fashion
Business
Coty reports a 12% increase in annual sales
While it is considering a dual listing on the Paris Bourse, American beauty group Coty is reporting sales of $5.55 billion for its 2022/23 financial year, up 12% on a like-for-like basis.
Beauty
Business
Design
Dr Martens and Central Saint Martins students join forces for collab contest
Dr Martens is known for its series of collabs with big names like Gaultier, Comme des Garçons and Yohji Yamamoto. But in the case of its latest link-up, the designers aren’t well-known, although they might be one day.
Fashion
Design
LDV, the exclusive design and decor platform targets fashion collaboration
Founded by Birta Ólafsdóttir and Guido Callarelli, the online platform by invitation-only, opened its first pop-up in Los Angeles. After partnering with Just One Eye, LDV is now targeting fashion collaborations.
Lifestyle
Design
Christian Cowan links with Candy Crush to create commuterwear Sweet Seat
New York-based British designer Christian Cowan has collaborated with the video game Candy Crush Saga to create a limited-edition “unique solution for commuters everywhere”.
Luxury
Design
Luxury and AI: what opportunities for fashion designers?
In the last few months, the luxury industry has been mulling over AI’s potential. How can the industry integrate this digital tool in the design process? What are its limits and potentialities, as well as the risks?
Luxury
Design
Appointments
VF Corp appoints Gap veteran as new people chief
VF Corporation on Tuesday announced the appointment of Brent Hyder to the position of chief people officer, effective September 5.
Fashion
Appointments
Harding-Rolls to lead new Eco-Age Advisory Division
Eco-Age, the integrated strategy consultancy founded by Livia Firth, has named George Harding-Rolls to lead its new Advisory Division, focusing on policy and regulation in the fashion sector.
Fashion
Industry
Happy Socks names Alexander Meyer as CEO
Swedish sock brand Happy Socks announced on Monday the appointment of Alexander Meyer as its new chief executive officer.
Fashion
Appointments
Kontoor Brands names new CFO
Kontoor Brands announced on Monday the retirement of Rustin Welton from the role of executive vice president and chief financial officer, after four years of service in the U.S. denim company.
Fashion
Appointments
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