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Stitch Fix returns to revenue growth, disappoints with net loss
Following a rough Q3 caused by coronavirus-related disruptions, the online styling service announced an uptick in revenues in the fourth quarter but failed to impress Wall Street with a net loss of $44.5 million.
Fashion
Business
Nike expected to return to profit as online sales, demand from China pick up
Strong online sales and demand from Chinese shoppers and students heading back to school are expected to have helped Nike swing back to a profit in the first quarter from the surprise loss it posted in July.
Fashion
Business
Marco Marchi of Eccellenze Italiane wants to give new direction to Blumarine
The boss of Liu Jo and of the Eccellenze Italiane fashion group has spoken to FashionNetwork.com about his plans to relaunch Blufin, the parent company of luxury label Blumarine, which Marchi bought in 2019.
Fashion
Business
French presidential palace requested LVMH letter - sources
France's presidential palace asked Foreign Minister Jean-Yves Le Drian to send luxury goods company LVMH a letter advising it to defer its acquisition of U.S. jeweller Tiffany, two sources said.
Luxury
Business
Design
London Fashion Week day four: Hats off to Lulu Kennedy
It felt a little like a repeat season in London this Sunday, with a series of largely digital displays where many designers actually repackaged collections they had shown in January or February.
Fashion
Catwalks
Simone Rocha: Hand-embroidered castles in Hauser & Wirth
Leave it to Simone Rocha to present the most brilliant collection this weekend at London Fashion Week: high ethereal romanticism located somewhere between Jane Austen and Catherine de' Medici.
Fashion
Catwalks
London Fashion Week day three: Messages, not just more mode
An almost completely digital day at London Fashion Week on day three this Saturday, marked by multiple energetic videos and political messages and the almost complete absence of actual runway models.
Fashion
Catwalks
Edward Crutchley’s Yakuza wives confirm him as a truly major talent
Few designers in London today pack as much punch and panache as Edward Crutchley, whose latest collection was an ode to a beautifully histrionic Yakuza gangster film, and all the better for that.
Fashion
Media
Appointments
Hugo Boss comms chief exits, promotes Westermann
Hugo Boss has announced the imminent departure of its long-standing Head of Corporate Communications, Dr Hjördis Kettenbach. She’ll be replaced by internal candidate Carolin Westermann.
Luxury
Appointments
Roberto Cavalli CEO Gian Giacomo Ferraris to step down before end of 2020
The CEO, who has led the Tuscan brand since 2016, is stepping down from his role, but will remain at the company for a transition period lasting until the end of the year.
Luxury
Appointments
Chanel names Agathe Derain head of human rights
The French luxury house has promoted Agathe Derain, previously the responsible sourcing director for the brand's fragrance and beauty division, to a newly created role dedicated to human rights.
Fashion
Appointments
Global-e gets key new exec from Boden, links with Never Fully Dressed
Cross-border e-commerce specialist Global-e has named a former Boden exec as its VP of Business Development and has also signed up Never Fully Dressed to its platform.
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