headlines
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales
Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
Harvey Nichols names Alexander McQueen exec Goddard as its new CEO
Harvey Nichols has faced tough conditions in recent years but it’s now hoping for better times ahead with the announcement of a new CEO from one of luxury's major labels.
Fashion
Appointments
LVMH sales growth slips on luxury spending slowdown
LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousands of dollars on handbags and other accessories.
Luxury
Business
Tough times continue at Dr Martens, CEO to step down this year
Dr Martens issued an update on Tuesday that detailed the ongoing challenges at the business. But in headline-grabbing news, it also said its CEO is to step down.
Fashion
Appointments
Radical Superdry survival plan is unveiled, aims to avoid administration
It may not come as a surprise after news was leaked on Monday, but on Tuesday morning Superdry unveiled its new proposals for a restructuring, plus plans for an equity raise and to delist from the stock exchange.
Fashion
Business
The latest news
headlines
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales
Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
Harvey Nichols names Alexander McQueen exec Goddard as its new CEO
Harvey Nichols has faced tough conditions in recent years but it’s now hoping for better times ahead with the announcement of a new CEO from one of luxury's major labels.
Fashion
Appointments
LVMH sales growth slips on luxury spending slowdown
LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousands of dollars on handbags and other accessories.
Luxury
Business
Tough times continue at Dr Martens, CEO to step down this year
Dr Martens issued an update on Tuesday that detailed the ongoing challenges at the business. But in headline-grabbing news, it also said its CEO is to step down.
Fashion
Appointments
Radical Superdry survival plan is unveiled, aims to avoid administration
It may not come as a surprise after news was leaked on Monday, but on Tuesday morning Superdry unveiled its new proposals for a restructuring, plus plans for an equity raise and to delist from the stock exchange.
Fashion
Business
Business
Italy's Cucinelli defies slowdown fears with 16.5% growth in sales
Italian luxury group Brunello Cucinelli said on Wednesday its sales rose 16.5% at current exchange rates in the first quarter, driven by growth in all regions, including Asia.
Luxury
Business
FTC is preparing lawsuit to block Tapestry’s purchase of Capri
US antitrust enforcers are preparing a lawsuit seeking to block fashion company Tapestry Inc.’s $8.5 billion planned takeover of Capri Holdings Ltd., according to a person with knowledge of the matter.
Luxury
Business
Beiersdorf raises its sales forecast for 2024 after a good first quarter
Beiersdorf raised its sales forecast for 2024 on Tuesday, buoyed by strong first-quarter sales of its flagship Nivea brand in all regions.
Beauty
Business
Harvey Nichols names Alexander McQueen exec Goddard as its new CEO
Harvey Nichols has faced tough conditions in recent years but it’s now hoping for better times ahead with the announcement of a new CEO from one of luxury's major labels.
Fashion
Appointments
Trade shows
Paul Smith will open next Pitti Uomo with latest collection
Paul Smith is expected to make an impact this June as the British designer opens the 106th Pitti Immagine Uomo with the launch of his SS25 collection.
Fashion
Trade shows
Shanghai’s big textile trade shows open on cautiously optimistic note
The Intertextile show, with 3,000 fabric producers exhibiting, and the Chic show, with its 1,200 apparel manufacturers, kicked off on March 6 amidst hopes of renewed growth in Western and Chinese demand.
Fashion
Trade shows
Spring and Autumn Fairs form advisory board to develop and grow events
UK trade shows Spring & Autumn Fair have created a new Advisory Board “to drive the continuous enhancement of the two shows and ensure that UK retail has a thriving marketplace in which to do business”.
Fashion
Industry
ITM and Texhibition trade shows scheduled in Istanbul on March 4-8
The ITM textile machinery show and the Texhibition yarns and fabrics show will be held in Istanbul at the beginning of March, respectively featuring 1,200 and 400 exhibitors.
Fashion
Trade shows