New space, new concepts, new owners. Change is part of the daily routine for Premium Group. FashionNetwork.com met with co-founder and managing director Anita Tillmann to discuss the market and the group’s plans.
Outdoor Voices is using augmented reality to debut the launch of its new running collection. Through the OV Trail Shop app, users can preview seams, textures and finishes, and locate running product in store.
Adidas has promoted New Zealand-born Zion Armstrong as its new president for North America. Armstrong succeeds Mark King who helped revive the brand's fortunes in the territory and steps down this summer.
French luxury conglomerate Kering scored a striking 27.1 percent growth in first quarter revenues, led by Gucci's near 40% explosion in sales. Problem child Bottega Veneta, however, suffered a further fall in revenues.
Vans has unveiled the semi-finalists for its annual Custom Culture high school art competition, selecting 50 participants for the next stage of the competition, which saw students from 500 schools come up with designs.
Puma Q1 results offered good news as the sports giant, which is currently riding the athleisure wave and also launching a raft of collaborations, said sales surged 20%+ as all regions and product segments did well.
Kering's luxury labels may have boosted supply chain transparency but many luxury firms are falling short, Fashion Revolution claims. And the most transparent fashion labels of all? Sports giants Adidas and Reebok.
OTB, the holding company of Italian fashion billionaire Renzo Rosso, quadrupled its Earnings Before Interest and Tax (EBIT) to €21.5 million in 2017. Though total group revenue slid 2.4 percent over the same 12 months.