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Amazon’s revenue grows 9% in 2022
In fiscal 2022, US group Amazon generated a revenue of $514 billion, equivalent to a 9% increase, although the group’s operating income slumped.
Fashion
Business
Bollman buys majority share of Kangol from Frasers Group
Kangol has a new — but familiar — owner. Bollman Hat Company has entered into an agreement to acquire 51% of the UK heritage/streetwear hat brand from Frasers Group for an undisclosed sum.
Fashion
Business
Owner of Yours Clothing, Long Tall Sally buys failed M&Co
Eight weeks after M&Co went into administration, it has been bought by AK Retail, which also owns Yours Clothing, BadRhino, Long Tall Sally, Bump It Up Maternity and PixieGirl. The purchase price wasn’t disclosed.
Fashion
Business
Freemans reports buoyant Christmas, Julien Macdonald collab is "standout" success
Freemans said on Friday that it had “a cracker of a Christmas” with sales in the eight weeks to the end of the year up as much as 23%. Its customer numbers also topped a million, which was up 65% from two years ago.
Fashion
Business
Design
Copenhagen Fashion Week: Stamm wins Zalando Sustainability Award
Stamm has won the AW23 Zalando Sustainability Award at Copenhagen Fashion Week with the brand having demonstrated “impressive craftsmanship as well as deep understanding and execution of more sustainable practices".
Fashion
Design
Martine Sitbon launches new Rev ready-to-wear line
The iconic French designer of the 1980s and 1990s is back with a new fashion project. A collection called Rev inspired by her archive pieces, which will be unveiled at the next Paris Fashion Week.
Fashion
Design
AZ Factory recruits Colville duo for a collaboration
Molly Molloy and Lucinda Chambers, the two designers of the Colville label, will unveil their collaboration with AZ Factory on March 6th during the Paris Fashion Week.
Fashion
Design
Gucci's challenge: reigniting heat while boosting timeless appeal
Sabato De Sarno needs to spark heat with a new direction at Guicci, analysts say - a delicate task, given the emphasis executives have also put on the label's timeless appeal.
Luxury
Design
Appointments
Kering names Raffaella Cornaggia managing director of Kering Beauty
Kering said on Friday it was entering the cosmetics business, with the announcement that it has recruited seasoned Estee Lauder executive Raffaella Cornaggia to head the push into the new segment.
Luxury
Appointments
Marco Marchi named president of Coin SpA
The founder of Liu Jo has been named president of Italian department store group Coin SpA. A former board member, Marchi succeeds Giorgio Rossi, who will stay on as a board member.
Beauty
Appointments
GFG unveils leadership changes as Schmidt steps down
Global Fashion Group has announced a co-CEO and leadership transition with Christoph Barchewitz to become sole CEO as Patrick Schmidt steps down as co-CEO after 10 years with the business and five years of co-leadership.
Fashion
Appointments
Jacob Cohën appoints Matthew Adams Dolan as head of women's collections
The luxury denim specialist has recruited the American designer for its women's collections. He will sign his first full-fledged collection for the Italian house with the spring-summer 2024 season.
Fashion
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