The fashion brand has announced that it is launching a digital flagship on Tmall. The storefront will also be featured on the Tmall Luxury Pavilion, the platform set up by Alibaba Group to host luxury and premium brands.
The ex-chief financial officer of Salvatore Ferragamo in the Americas will be tasked with turning around the loss-making fashion brand as its new CFO. His appointment follows the departure of CEO Paolo Riva on Friday.
Stella McCartney has announced Grimes as the face of Adidas by Stella McCartney’s Fall Winter 2019 campaign, describing the Canadian singer-songwriter as the “perfect embodiment” of the label’s core values.
Burberry’s Q1 Trading update was closely watched on Tuesday and it seemed to deliver, with rising sales and a positive consumer response to its Riccardo Tisci-designed collections, both at retail and in wholesale.
The Italian luxury brand reported an 8.1% increase in sales to 291.4 million euros in the first half of 2019, growth driven by retail sales which was largely in line with that seen in the first quarter.