Brothers Giuliano and Giordano Calza have sold a majority stake in their high-end streetwear brand to Italian investment firm Made in Italy Fund, but will continue to play an active role at the company.
Few new brands are quite so out there in Milan these days as GCDS, a reverse immigrant story, that staged what it termed an “electronic bonanza,” to round off Thursday night’s action in Milan Fashion Week.
Italian high-end streetwear label GCDS is set to open its first store in London with a debut in Mayfair. The area continues to benefit from a raft of international openings, despite the tough fashion retail environment.
French footwear label J.M. Weston has cast popular French actor Omar Sy of The Intouchables fame to star in a Sleeping Beauty-inspired video and show off its new colorful loafer model on the dance floor.
Fashion retailer Giordano International saw first-quarter gross profit slide 6% on the same period last year. The Hong Kong firm attributed the drop to low sales, weak currencies and unseasonal weather.