After leaving his position as CEO of French event sales site Showroomprivé in December, Thierry Petit has sold his 17.61% stake in the company. Eric Sitruk, soon to own a 7.5% stake, is set to become a board member.
German online fashion e-tailer Zalando has been forced to revise its guidance for the year. It cited a further deterioration in macroeconomic conditions as the EU consumer confidence index fell further in June.
Scotch & Soda is continuing its European expansion plans and has just opened its first directly operated store in Italy. It’s located on Milan’s Via Alessandro Manzoni, one of the main fashion destinations in the city.
London-based jewellery brand Astrid & Miyu has marked its 10th anniversary with the debut of its first permanent international store in New York. The opening follows a number of pop-ups in the city in previous years.
Ebay Inc. announced on Wednesday it has acquired non-fungible token marketplace KnownOrigin for an undisclosed amount, as the U.S. e-commerce marketplace looks to strengthen its product offering for digital collectors.
Sales of luxury goods are set to rise at least 5% this year as shoppers in the US and Europe continue to snap up high-end watches, jewelry and shoes despite political uncertainty and soaring inflation, Bain said Tuesday.
The billionaire whose family controls Primark’s parent company has poured cold water on the idea that its newly-announced trial of click & collect services could lead to an eventual full offer online.
The wraps have finally been taken off the new Boss store that has been tantalising passers-by on Oxford Street in recent months. The megastore proves that the street retains its appeal for big names in fashion.
From June 21 to 26, Men's Fashion Week is returning to Paris. The packed program will feature 40 physical fashion shows, eight major comebacks, three new names and numerous events, including the Marine Serre show.
The Milan menswear season finished Monday with a path-breaking, sprightly and jaunty Zegna collection unveiled before a giant vista of the Italian Alps, in a season longing for a return to this country’s roots.