The famous Florentine luxury retailer has finalized the sale of a 40% stake to Italian investment fund Style Capital. Founder Andrea Panconesi, has retained his role as president, while Alessandra Rossi has become CEO.
Creative director Daniel Lee chose Detroit as the location to unveil his Spring/Summer 2022 collection, which explored a sportier, more functional aesthetic for the brand, largely thanks to new technical fabrics.
The menswear label owned by Kering has confirmed the dismissal of 320 employees linked to the closing down of its Italian shirt and knitwear factories. Unions say the loss of this expertise will impoverish Brioni.
Aeffe, the listed Italian luxury company, said on Tuesday that it has reached an agreement with Sinv to take over the licence for the production and distribution of Love Moschino womenswear collections.
Gieves & Hawkes, the bespoke tailoring business, could be a step nearer to closing down as the problems facing its parent company continue to weigh on its operations and a crunch creditor vote looms next week.
The executive, who has extensive experience boosting the profiles of Western brands in China, is now responsible for managing all of the German fashion company's operations on this essential Asian market.
The Italian label brought in half a billion euros in the first nine months of the fiscal year, jumping more than 32% compared to the same period in the previous year, thanks to double-figure growth across all markets.
Harvey Nichols Leeds is fast-approaching its 25th birthday. And to mark the Yorkshire department store’s silver anniversary, it’s hosting of series of special events on and around the key 23 October date.
Tomorrow is continuing its drive to buy some of the most interesting fashion labels and has just announced its majority investment in British menswear business Martine Rose, led by its eponymous founder.
Zalando has announced an interesting development this week as it aims to “elevate the visual experience for customers” by piloting “virtual production” in a Designer category partnership with Orendt Studios.