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DVF brings ops in-house again as new CEO de Boni re-sets the business
DVF founder Diane von Furstenberg and its CEO Graziano de Boni said on Friday that they’re “excited to announce that by the end of 2024 the operations of the 52-year-old brand will be managed in-house again”.
Fashion
Hugo Boss shareholder Frasers files request to buy more shares
Hugo Boss' second-biggest shareholder, British sports and fashion retailer Frasers, has filed a request to acquire more shares in the German company, according to a filing with the German competition authority.
Luxury
Burberry’s 15-year stay in FTSE 100 nears end after share slump
Burberry Group Plc is on the verge of exiting the FTSE 100 Index, ending the luxury-goods maker’s 15-year stay in
Luxury
BFC reveals Fashion Award nominees for 2024, Jonathan Anderson up for multiple awards
The British Fashion Council announced on Tuesday the nominees for the 2024 Fashion Awards, celebrating the very best in British and international design talent, with Jonathan Anderson nominated for three awards.
Luxury
Guess names new interim CFO
Guess Inc. announced on Monday the appointment of Dennis Secor to the role of interim chief financial officer, effective August 26.
Fashion
Louis Vuitton names Jude Bellingham new ambassador
Louis Vuitton has announced the appointment of football star Jude Bellingham as the latest ambassador of the French luxury maison.
Luxury
Paul Smith links with Centra for e-commerce and digital wholesale boost
Paul Smith is ramping up its focus on its digital ops — from DTC e-commerce to digital wholesale — and allying it closely to its physical retail business as it aims to “create a seamless, global brand presence”.
Fashion
Paris sets new trend as the product placement Olympics
Winning athletes in Paris have received their medals on Louis Vuitton trays before being handed a Samsung flip phone for a selfie, heralding a new era of product placement at the Olympics that LA will build on.
Fashion
Capri Holdings "disappointed" as Versace, Kors see double-digit Q1 declines
Capri Holdings is the latest luxury giant to prove that times are tough out there. The company’s Q1 results for fiscal 2025 saw revenue falling 13.2% on a reported basis and 12.1% in constant currency.
Fashion
Olympics: Next Games will have more product placement, commercial opportunities -- IOC
From Samsung phone selfies on the podium to Louis Vuitton cases at the opening ceremony, the Paris Olympics have widened the scope for sponsors' product placement like never before, and this will continue in future.
Fashion
Ralph Lauren revenue rises 1% on stable demand in Europe, China
Ralph Lauren Corp posted a rise in quarterly revenue on Wednesday, benefiting from steady demand for its pricey denims and polo shirts in Europe and Asia.
Luxury
Coupang posts first loss since 2022 as Farfetch saps profit
Coupang Inc posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings Plc and a government regulatory fine offset strong growth in its core e-commerce business.
Fashion
LVMH's Dior lagged on supply chain disclosure, made outdated ESG claim
LVMH's second-largest fashion brand Dior was until last month behind on disclosures required by UK law about working conditions in its supply chain, and made outdated statements online of a third-party certification.
Fashion
Zalando's profit boosted by sports offering, improved inventory
Online fashion marketplace Zalando reported an 18.5% increase in its operating profit for the second quarter on Tuesday, helped by inventory management and lower order fulfilment costs.
Fashion
Hugo Boss sells Russian business to wholesale partner Stockmann
Hugo Boss has sold its Russian business to wholesale partner Stockmann for an undisclosed fee, the German fashion house said, joining the ranks of Western brands to exit the Russian market over the war in Ukraine.
Fashion
Fishy Filaments aims to net new funding
The problem of discarded/broken fishing nets polluting the sea is one that’s being tackled by a Cornwall-based company called Fishy Filaments.
Fashion