The 48 branches of Swiss department store chain Globus have been sold to the joint-venture company formed by Signa and Central Group, the owner of top European department store groups KaDeWe, La Rinascente and Illum.
Thailand’s top retailer Central Group said on Monday it plans to invest over 20 billion baht ($663.13 million) in Vienna, Osaka and Turin, developing "high-quality flagship projects" in major tourist cities.
Few designers are as linked to cinema as Giorgio Armani, whose wardrobe for Richard Gere back in 1980 helped make American Gigolo the “fashion movie." However, his other great inspiration is Asia, particularly Japan.
After FF Reloaded and Fendi Mania, the Roman luxury label is launching Fendi Roma/Amor, the third collection themed around its FF monogram, teaming up with tagger Pref and Korean eyewear label Gentle Monster.
After doubling the size of the Turin branch, the department store chain is making over the interiors of the Florence one, and renovating its second branch in Rome, as the group posted a 21% sales rise in 2018.
Milan expects to host nearly 500,000 visitors on April 8-14 for the huge, city-wide event, an incredible opportunity for fashion and luxury labels to present countless projects and special initiatives.
According to a study by McKinsey & Co. for the Italian Fashion Chamber, presented on Tuesday in Milan, sustainability has an increasingly decisive influence on buyers’ choices, from retailers to end consumers.
Carlo Alberto Beretta (formerly at Zegna and Bottega Veneta) has been appointed brand general manager for Tod's, reporting to the group's CEO and general manager, Umberto Macchi di Cellere, effective Feb. 25.