Italian fashion group Etro is considering an expression of interest from buyout firm L Catterton, a source close to the matter said on Monday.
The luxury label has appointed Mitchell Bacha, experienced in Asian markets and the luxury industry, to oversee its business in China, previously run by a director for the entire Asia-Pacific region.
Reopening week seems to have been a good one for retailers in England and Wales, and especially for the hard hit West End of London, even though international tourists are still absent.
Hugo Boss has named a new marketing and comms chief with the appointment of Miah Sullivan. She joins on May 1 after having previously worked at Luxottica, Furla and St John Knits.
Hammerson is to slash rents for its retail tenants by around 30% as UK stores reopen post-Lockdown 3. UK & Ireland MD Mark Bourgeois said that “typically, we're resetting our rents to more affordable levels”.
With European populations slowly but surely being vaccinated, designers on the Continent are suddenly expressing a new optimism. Few more so than Demna Gvasalia of Balenciaga in Balenciaga's winter 2021 pre-collection.
Britain's interior ministry said Friday it had approved the extradition of fugitive Indian jeweller Nirav Modi to his homeland, where he is accused of defrauding one of the largest banks of $1.8 billion.
Alibaba’s luxury e-commerce platform has partnered with the luxury watch fair organized by the Fondation de la Haute Horlogerie in order to enhance the event’s digital capabilities.
The Council of Fashion Designers of America has announced the launch of CFDA Connects, a programming network aiming to support regional fashion weeks and organizations across the United States.
Kering’s menswear label Brioni’s recovery plan focuses on its accessories line and new product categories. The brand aims to streamline its costs and business structure, planning 320 lay-offs by 2025.
Gucci celebrates its 100th anniversary this year; and designer Alessandro Michele has observed the birthday by creating his best ever collection for the house, and a link up with Balenciaga.
Sustainable leather and upcycled goods brand LPOL said this week that it’s exiting its “much-loved shop” at Coal Drops Yard in King’s Cross after three years.
Northern Ireland will be allowed to catch up with the rest of the UK when non-essential retail and outdoor hospitality will reopen from 30 April. First Minister Arlene Foster told the NI Assembly it was a "landmark day”.
Having served as interim CEO and brand president of the New York-based designer accessories brand since July 2020, Kahn has now had his position at the head of the label made permanent.
During its annual general meeting, the French luxury giant highlighted its "remarkable resilience" during the pandemic and claimed to be well-positioned for strong growth in 2021, thanks particularly to Tiffany & Co..
