Mulberry group had some good news as it released its results for the year to March 27, showing that it coped reasonably well with the pandemic and that since the end of the period it has started to bounce back.
In a month that's shaping up to be huge as far as luxury deals are concerned, the latest news is that LVMH is boosting its stake in Off-White. Virgil Abloh's streetwear label will now be 60% owned by the French giant.
Aston Martin has deepened its fashion sector links with two big names joining its board. Net-A-Porter founder Natalie Massenet and ex-Harrods and Saks 5th Avenue exec Marigay McKee are among its new directors.
Farfetch said on Wednesday it is teaming up with ThredUp to bring its donation program to the U.S., allowing customers to extend the life of their clothes, while earning shopping credit and raising money for charity.
Delta Galil is on a roll. Fresh from announcing a major underwear licence deal with Adidas, the Israel-based manufacturer will now tcreate, produce and market new women’s lingerie and swimwear collections for Wolford.
Isabel Marant has launched an online platform dedicated to reselling its vintage pieces. People who donate pieces to the site will receive a voucher and all proceeds will go towards the designer’s charitable fund.