The online men’s fashion destination has released the second installment of its “Hosted by” initiative, teaming up with iconic American luxury brand Tom Ford for an exclusive collection inspired by 1970s Los Angeles.
The Federation de la Haute Couture et de la Mode, the organization that controls the calendar of Paris runway seasons, has unveiled two new digital devices allowing fashion houses to measure their ecological impact.
The drive to embrace all-things sustainable continues to accelerate. Online luxury and fashion retailer Yoox Net-a-Porter has upped its commitment to the cause, joining The Prince of Wales’ Terra Carta initiative.
The trading environment may have been volatile but luxury giant Richemont still managed to see net profit rising almost 40% in the financial year to the end of March, beating forecasts by a wide margin.
In Q3 of the current financial year, closed at the end of January, the fashion e-tailer recorded a 47.5% growth in sales, which were worth €164.8 million. Sales in the year’s first nine months grew by a solid 36.2%.