One of the abiding mysteries in luxury is the far greater ability of Paris brands to outperform their venerable, respected and often very classy London rivals. Dunhill may be about to become a significant exception.
The New York-based apparel group behind DKNY, Donna Karan and Vilebrequin saw net sales rise 16% in Q1 2019, hitting a first quarter record of $611.7 million, compared to $529.0 million in the prior year period.
Personalized kids subscription service Kidbox has secured $15.3M in Series B funding that will be used to expand the data science team and drive customer acquisition. The company's total funding raised to date is $28M.
With more and more fashion houses going fur-free, San Francisco banning fur sales in the city and British MPs considering outlawing all imports of pelts after Brexit, the signs do not seem good for the fur sector.