Prada has become the latest big name in luxury fashion to go fur-free with the group’s brands, including Prada itself plus Miu Miu, Church’s and Car Shoe, to stop using fur from its SS20 womenswear collection.
France accounts for over one quarter of the total sales of the top 100 luxury corporations worldwide according to Deloitte’s 2019 report, with 9 groups listed and LVMH, L'Oréal, Kering and Chanel in the top 10.
This NYFW's mixed schedule of men’s and women’s shows saw daring silhouettes and bold uses of color that reflected a search for joy in a country currently experiencing a good deal of social and political commotion.
Acne Studios is bidding farewell to three equity funds. In their place, IDG Capital and I.T Group have acquired 41% of the company's capital, while Mikael Schiller and Jonny Johansson remain majority shareholders.
London-based outlet malls giant McArthurGlen is to open its first luxury designer outlet to the west of Paris in 2021. The Designer Outlet Normandie will be its fourth centre in France after an investment of €150m+.