Michael Kors parent Capri Holdings Ltd on Friday raised its annual forecasts for the second time after trouncing Wall Street estimates for quarterly results, as shoppers splurge on its high-end clothes and bags.
Covid has forced the Italian luxury industry to step up the pace of its transformation and search for investors, as shown by Zegna announcing a forthcoming stock market listing, and L Catterton’s acquisition of Etro.
The English poet and painter served as inspiration for the Kering-owned brand's men's collection for next summer, resulting in a vision of masculinity with shades of Dante, featuring tulle dresses and frilled tailoring.
Turkish denim producer Isko has inked a licence deal with the Hong Kong Research Institute for Textiles and Apparel, whose ‘Green Machine’ is said to make it possible to easily separate cotton fibre from polyester.
The silence was intense at Balenciaga, for a show held without any soundtrack as Balenciaga returned to haute couture after half a century. The applause, however, was resounding for creative director Demna Gvasalia.