The fashion house, piloted by Goga Ashkenazi, is turning environmental via a collaboration with the English visual artist Marc Quinn. The result is 'Sustainable Surf', a collection created from sustainable materials.
Burberry has announced a “strategic investment” in leathergoods as it moves from a mainly apparel focus to grow its accessories business, buying a luxury leathergoods firm from longstanding Italian partner CF&P.
Consumer spending dropped in April, according to Visa’s UK Consumer Spending Index, with a 2% dip year-on-year, matching the decline seen in March, while the fashion sector saw its steepest fall for six months.
Footfall to UK stores was slow during April, despite the weather improving as the month wore on. The drop of 3.3% was a “significant decline” compared to the 1.6% hike in April 2017 when Easter flattered the figures.
Strategy changes at Paul Smith are helping to transform the company's fortunes after six tough years. Founder Sir Paul Smith sales orders for the new season are up in double-digits and womenswear sales are surging.
The new owner of Belstaff has been named Britain’s richest man in the latest Sunday Times Rich List. Self-made businessman Jim Ratcliffe is chairman/CEO of chemicals company Ineos, which acquired Belstaff last autumn.
On Sunday, fashion duo Camilla and Marc went full female fury for the opening of Mercedes-Benz Fashion Week Australia. Some 90 designers will showcase Resort 2019 collections to buyers and editors in Sydney this week.
In 2017, the Italian textile/fashion industry generated an estimated revenue of €54 billion, up 2.4% and above last June’s estimate of +1.8%, driven by exports to China and Russia. However, exports to the US fell 1.7%.