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Business

Eyewear group Safilo's portfolio overhaul boosts core profit margin

Eyewear group Safilo's portfolio overhaul boosts core profit margin

 Italian eyewear group Safilo reported an improved core profit margin for the full-year as sales received a boost from its brand portfolio overhaul.
Fashion
Business
Kim Kardashian's Skims doubles valuation to $3.2 bln after latest fundraise

Kim Kardashian's Skims doubles valuation to $3.2 bln after latest fundraise

Shapewear label Skims said it had doubled its valuation to $3.2 billion after raising $240 million in fresh funds, as investors bet on the success of the Kim Kardashian-owned brand.
Fashion
Business

Swiss watch exports tick up to record level in 2021

Swiss watch exports rebounded sharply in 2021, breaking the record set in 2014 by rising to nearly 22.3 billion Swiss francs ($24.1 billion, 21.5 billion euros), the industry federation announced Thursday.
Luxury
Industry

L’Occitane’s sales up by 9.5% in Q3

Cosmetics group L’Occitane, whose brand portfolio includes among others L’Occitane en Provence, Elemis and Melvita, recorded Q3 sales worth €650 million, equivalent to a 9.5% increase year-on-year.
Beauty
Business

Design

The Frntal launches to support emerging fashion/design talent with NFT element

The Frntal launches to support emerging fashion/design talent with NFT element

​Next month will see the launch of The Frntal, a UK-based online retailer that’s also a platform for “representing and showcasing emerging creatives and pioneers in contemporary fashion and design".
Fashion
Retail
Fendi: Roman Rationalism, complicated couture

Fendi: Roman Rationalism, complicated couture

Fendi staged its latest couture show inside the former home of the Paris Bourse on Thursday. But while its owner LVMH continues to flourish on the French stock market, Fendi did not enjoy a winning couture season.
Luxury
Catwalks

CFDA introduces interim member tier

The Council of Fashion Designers of America (CFDA) announced this week the launch of a new interim membership tier, along with its inaugural 22 interim members. 
Fashion
Design

Paris Couture Day Three: Jean-Paul Gaultier Haute Couture by Glenn Martens; Elie Saab; Valentino and Zuhair Murad

In a business couture day in Paris, FashionNetwork.com caught up with the contrasting visions of fashion by Jean-Paul Gaultier Haute Couture by Glenn Martens; Elie Saab; Valentino and Zuhair Murad.
Luxury
Catwalks

Appointments

Hermès appoints Gregoris Pyrpylis as creative director of beauty products

Hermès appoints Gregoris Pyrpylis as creative director of beauty products

The luxury label has recently named Greek make-up artist Gregoris Pyrpylis as creative director of Hermès Beauty, the make-up line launched by Hermès in March 2020.
Beauty
Appointments
Boohoo Group names JD Sports exec as new Debenhams CEO

Boohoo Group names JD Sports exec as new Debenhams CEO

Debenhams has a new CEO. The Boohoo Group-owned online department store retailer has lured JD Sports Fashion multichannel chief to its top post.
Fashion
Appointments

Nike's SNKRS head Ron Faris to lead new Virtual Studios

U.S. sportswear giant Nike has appointed its SNKRS vice president, Ron Faris, to lead its Virtual Studios, a new division for the company that supports its latest push into the metaverse.  
Fashion
Appointments

Mango’s founder creates a board of directors for his real estate company, Punta Na

Isak Andic, founder of the Spanish retailer Mango, creates a board of directors for Punta Na and appoints himself as chief executive. His children Jonathan, Judith, and Sarah Andic will also form part of the board.
Fashion
Appointments

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