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CMA targets fashion over greenwashing

CMA targets fashion over greenwashing

​Fashion brands overstating their environmental credentials had better watch out. The UK’s Competition and Markets Authority (CMA) is cracking down on businesses that make misleading sustainability claims. 
Fashion
Gen Z-focused Heat mystery fashion box platform gets funding from LVMH, Antler

Gen Z-focused Heat mystery fashion box platform gets funding from LVMH, Antler

​High-end streetwear mystery box specialist Heat has received a $5m seed funding investment from a group led by LVMH Luxury Ventures and venture capital firm Antler as it seeks to expand.
Luxury
Prada Group's commercial director Manzatto is new Church & Co CEO

Prada Group's commercial director Manzatto is new Church & Co CEO

​Prada Group’s luxury UK footwear operation, Church & Co, has a new boss. The company has announced the appointment of Denni Manzatto as the firm’s CEO. 
Luxury
Bally names new Creative Director, Rhude's Rhuigi Villaseñor takes the helm

Bally names new Creative Director, Rhude's Rhuigi Villaseñor takes the helm

​Bally has named Rhuigi Villaseñor its new Creative Director, with his first collection for the label set to debut for the SS23 season. He’ll be based between LA and Switzerland.
Luxury
Christophe Cuvillier is named SMCP chairman

Christophe Cuvillier is named SMCP chairman

​SMCP has named Christophe Cuvillier as Chairman of its board of directors following the change in the composition of that board decided at a meeting late last week.
Fashion
Hugo Boss sees record quarterly sales, Europe and Americas boom

Hugo Boss sees record quarterly sales, Europe and Americas boom

​Hugo Boss was upbeat on Tuesday as it reported record quarterly sales and momentum accelerating further in Q4. It also said that its preliminary 2021 results have exceeded its guidance.
Luxury
Valentino reorganises structure, creates two new management roles

Valentino reorganises structure, creates two new management roles

Italian fashion house Valentino said on Monday it had reorganised its finance and operations structure into two distinct units to separate its business and control divisions.
Luxury
Pierre Cardin plans Paris comeback after founder's death

Pierre Cardin plans Paris comeback after founder's death

Luxury label Pierre Cardin is set to return to Paris Fashion Week in a bid to breathe new life into the brand, its new boss told AFP, just over a year after the death of its legendary founder.
Fashion
Gucci taps Superplastic for NFT, ceramic artwork collection

Gucci taps Superplastic for NFT, ceramic artwork collection

Gucci is teaming up with animated celebrity and digital collectibles creator Superplastic to launch a series of CryptoJanky NFTs and handmade ceramic sculptures. 
Luxury
Black diamond, largest ever cut, goes on show in Dubai

Black diamond, largest ever cut, goes on show in Dubai

The world's largest known cut diamond went on public display for the first time Monday ahead of its sale, when it is expected to reach five million dollars.
Luxury
UK weekly footfall rises as more office workers hit high streets

UK weekly footfall rises as more office workers hit high streets

​Early signs of the confidence shown by workers returning to their offices saw a boost for UK high street footfall in the latest week. Footfall across UK retail destinations rose 1.5%, according to Springboard.
Fashion
Fashion, beauty saw Christmas surge - Virgin Money spending report

Fashion, beauty saw Christmas surge - Virgin Money spending report

​All dressed up and somewhere to go. Christmas 2021 was a season of a return to socialising, albeit on a slimmed-down scale compared to 2020’s restrictions. That meant consumers upped their spend on fashion and beauty.
Fashion
Milan Menswear Presentations: Brioni, Tod’s, Aspesi, Andrea Incontri, Massimo Alba, Dhruv Kapoor and Almini

Milan Menswear Presentations: Brioni, Tod’s, Aspesi, Andrea Incontri, Massimo Alba, Dhruv Kapoor and Almini

This weekend in Milano Moda Uomo, ending Monday, was a season of new designers and venerable insider's labels making important statements, as creative minds profited from the lockdown to explore new options. 
Luxury
Fortnum & Mason has strong Christmas, despite making full-year loss

Fortnum & Mason has strong Christmas, despite making full-year loss

​Fortnum & Mason had a strong Christmas period, but its latest accounts for the year to last July also showed it swinging to a pre-tax loss for the first time since 2009.
Luxury
Richemont names Laurent Malecaze CEO of Dunhill, Mauro Grimaldi strategic advisor in charge of AZ Factory

Richemont names Laurent Malecaze CEO of Dunhill, Mauro Grimaldi strategic advisor in charge of AZ Factory

Richemont has restructured its fashion division: AZ Factory’s ex-boss is now in charge of Dunhill, and Mauro Grimaldi, now strategic advisor of the Swiss giant's fashion & accessories division, will head AZ Factory.
Luxury
Filippa K names Saint Laurent's Kessler as its creative chief

Filippa K names Saint Laurent's Kessler as its creative chief

​Swedish fashion house Filippa K has named Liisa Kessler as its new Creative Director. It’s a big move for the label as she succeeds brand founder Filippa Knutsson, who stepped away from the role as far back as 2019.
Fashion