Finally, after 15 weeks of runway confinement, Etro staged fashion’s first, proper, live fashion show in Milan on Wednesday before a real – and not virtual – masked audience practising social distancing.
The New York-based consumer brand group outlined its future plans for its recently acquired surfwear brand on Wednesday, including category expansions and a new distribution agreement for the label’s EMEA operations.
In 2019, the eyewear group's revenue rose by 3.1%, as APAC’s increased by 23.1% and the wholesale channel grew in line with forecasts. But Q4 was weak, due to an expected slowdown in Europe after the Kering deal.
Aimé Leon Dore founder Teddy Santis has teased a fresh collaboration with German luxury car manufacturer Porsche, just days after he revealed that his existing partnership with New Balance will also continue.
The Italian eyewear group has bought a 70% stake in Blenders Eyewear LLC from Chase Fisher, who founded the company in 2012 and remains as CEO with a 30% interest. The company’s full valuation was $90 million.