headlines
Primark on a roll as UK, Europe and US all stay strong
Primark's owner announced its interim results on Tuesday with the 24 weeks to the beginning of March showing that the chain is continuing to prosper and its baby steps into digital are paying off.
Fashion
Business
News analysis: could troubled Dr Martens be taken over as potential buyers circle?
Dr Martens is heavily focused on its recovery, but that turnaround may not happen under its current ownership structure with a report saying it’s being eyed for a takeover by a number of major non-UK firms.
Fashion
Business
Armani "doesn’t rule out" merger or IPO in succession plan
Three months before his 90th birthday, Giorgio Armani is hinting at possible big changes for his Italian fashion empire once he’s no longer in charge.
Luxury
Business
L'Oreal sales rise 9.4% as mass market makeup outshines luxury
L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China.
Beauty
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
The latest news
headlines
Primark on a roll as UK, Europe and US all stay strong
Primark's owner announced its interim results on Tuesday with the 24 weeks to the beginning of March showing that the chain is continuing to prosper and its baby steps into digital are paying off.
Fashion
Business
News analysis: could troubled Dr Martens be taken over as potential buyers circle?
Dr Martens is heavily focused on its recovery, but that turnaround may not happen under its current ownership structure with a report saying it’s being eyed for a takeover by a number of major non-UK firms.
Fashion
Business
Armani "doesn’t rule out" merger or IPO in succession plan
Three months before his 90th birthday, Giorgio Armani is hinting at possible big changes for his Italian fashion empire once he’s no longer in charge.
Luxury
Business
L'Oreal sales rise 9.4% as mass market makeup outshines luxury
L'Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets the United States and China.
Beauty
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
Business
Ermenegildo Zegna grows by 8% in the first quarter
The Italian group achieved sales of 463 million euros in the first quarter, driven by the US, where sales jumped by 58%, while they fell by 15% in China. While Zegna made progress, Thom Browne fell back.
Luxury
Business
Wethenew acquires assets from bankrupt competitor Kikikickz
The French platform specialising in the resale of vintage sneakers is taking over the assets (websites and customer portfolio) of its competitor. It has also embarked on a general repositioning.
Fashion
Retail
Valentino sees sales fall in 2023
The Roman luxury house achieved sales of €1.35 billion in 2023, down 5% on 2022. However, sales through its direct sales network were up by 3%.
Luxury
Business
THG results show beauty surge, but Ingenuity's internal revenue drops
THG’s Q1 saw sales growth accelerating from 1.1% at the end of last year to 4.5% this time. And it said it saw a “standout performance” in THG Beauty, with an 11.1% rise at constant currency, compared to just 2.6% in Q4.
Fashion
Business
Trade shows
Furniture Fair: The Karl Lagerfeld label joins forces with Toan Nguyen, Thom Browne with Frette
In Milan, Karl Lagerfeld unveiled his second home collection, Thom Browne launched a textile line with Italian manufacturer Frette and luxury outlet Fidenza Village teamed up with artist Cyril Lancelin.
Lifestyle
Trade shows
Furniture Fair: Fashion in search of sustainable solutions with Yves Salomon, Dolce & Gabbana and Benetton
The two luxury brands, along with the Italian retailer, are making a name for themselves at this year's Milan Design Week with some particularly original and environmentally-friendly projects.
Fashion
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