French fashion house Balenciaga scored the biggest at the recent MET Gala, held on September 13, thanks to the influence of Rihanna and Kim Kardashian, whose outfits attracted significant attention and commentary.
The Middlebury, Connecticut-based watchmaker announced on Wednesday that it has signed a strategic licensing agreement to produce timepieces for the American luxury brand owned by Authentic Brands Group since 2013.
Shying away from the oversize installations of previous editions, luxury labels like Gucci, Off-White and Givenchy took advantage of the Milan Design Week to showcase an array of new projects and offbeat initiatives.
Milan Fashion Week is scheduled on September 21-27 with an extensive programme including 65 shows, 42 of which will have in-person guests. Physical events will be in a majority, 125 as opposed to only 46 digital ones.
Dior’s Kim Jones has designed the official off-field uniforms for Paris Saint-Germain, the best financed football team in the game, led by most famous attackers from Argentina and Brazil, Lionel Messi and Neymar Jr.
Dior has once again snatched first place in Launchmetrics’ quarterly list of the top power players in luxury fashion, while Gucci has made solid progress in China as the country leads the sector’s post-pandemic recovery.
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.
UK consumers are continuing to search for fake luxury brands in large numbers and some have more appeal to label-hungry shoppers than others. In fact, Rolex is the most wanted label for those seeking fakes online.
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.