Investors are usually forgiving of tech firms when they spend years targeting the kind of profitability they’d like, but they weren’t forgiving Farfetch on Thursday as the firm’s shares fell 22% in late trading.
Lyst has released its Year in Fashion report for 2021, detailing the transition to the “new normal” as consumers “dressed up to go out and to make ourselves feel good” even though the effects of the pandemic remained.
Virgil Abloh has recently launched Off-White Kids, the designer’s first collection for girls and boys aged 4 to 12, featuring his label's signature codes with a fun colour palette and amusing graphics.
Acquired by the UK-based luxury e-tailer in 2019, New Guards Group has acquired 60% of Palm Angels, the high-end streetwear label founded by Francesco Ragazzi, which has seen strong growth over the last two years.
The designer behind the Off-White label is building on the partnership he began with the luxury car manufacturer last year through the collaborative creation of an electric show car under the Mercedes-Maybach brand.
Ann Demeulemeester returned to Paris to see the rebirth of her fashion house Sunday, though from the front and not the backstage. Sitting snugly beside the brand’s new owner, fashion entrepreneur Claudio Antonioli.
The luggage brand has enlisted global superstar Rihanna, legendary artist Patti Smith, pro basketballer LeBron James and top tennis player Roger Federer for its latest campaign, as the label seeks to expand its horizons.