Versace has released its ad campaign imagery for the AW22 season with British-American actress Lily James taking a starring role.
The sale process for upscale British heritage brand Gieves & Hawkes has begun following the earlier liquidation of its Hong Kong parent company, Trinity Group. FTI Consulting is running the process.
Global fashion shopping search engine and app Lyst has announced that its founder and CEO Chris Morton is becoming Executive Chairman and will focus exclusively on strategy, partnerships and financing initiatives.
Italian luxury group Brunello Cucinelli said on Tuesday it had raised again its revenue guidance for 2022 after posting a 46.4% sales jump in the second quarter of the year.
The fashion group, owner among others of Moschino and Alberta Ferretti, has reshuffled its management team after the departure of MD and CFO Marcello Tassinari, appointing Matteo Scarpellini as CFO.
Online retailer The Luxury Closet has launched in the UK, joining an ever-expanding resale marketplace for luxury and designer pre-owned fashion. It's part of a plan to expand within Europe later in the year, it said.
Swim and resortwear brand On The Island is making a comeback for SS22 after a pause during the pandemic and in its immediate aftermath.
UK consumer credit and debit card spending rose 6.2% year-on-year last month as consumers spent more on entertainment and international travel. But Britons are worried about rising living costs.
Matchesfashion on Tuesday morning confirmed that ex-ASOS chief Nick Beighton will indeed be its new CEO, taking over from Paolo De Cesare “after a short transition period”.
Lanvin Group has released its 2021 results and said it saw 52% pro forma revenue growth year on year. It talked of “strong momentum" ahead of its proposed NYSE listing and said it's still seeking brands to acquire.
The luxury house revived all the splendor of Italian haute couture with a grand show in the heart of Rome on Friday, unveiling its 2022-23 winter collection on the famous Spanish Steps.
The Greek designer paid tribute to the 'Roaring Twenties' with a show held at the Monnaie in Paris, which featured Leonie Hanne or Elsa Hosk as models. Russian designer Yanina Couture opted for a digital presentation.
Italian luxury brand Diesel announced on Monday it plans to open its upcoming Milan fashion week show to the general public, scheduled for this September.
Nick Beighton is certainly in demand post-ASOS. Not long after news of him becoming Chairman of Secret Sales, it now emerges that he’s being brought in to run Matchesfashion, replacing CEO Paolo de Cesare.
UK retail footfall continues to be well below the pre-pandemic period with no signs that this summer will get it back into positive territory.
