Fashion brands overstating their environmental credentials had better watch out. The UK’s Competition and Markets Authority (CMA) is cracking down on businesses that make misleading sustainability claims.
High-end streetwear mystery box specialist Heat has received a $5m seed funding investment from a group led by LVMH Luxury Ventures and venture capital firm Antler as it seeks to expand.
Prada Group’s luxury UK footwear operation, Church & Co, has a new boss. The company has announced the appointment of Denni Manzatto as the firm’s CEO.
Bally has named Rhuigi Villaseñor its new Creative Director, with his first collection for the label set to debut for the SS23 season. He’ll be based between LA and Switzerland.
SMCP has named Christophe Cuvillier as Chairman of its board of directors following the change in the composition of that board decided at a meeting late last week.
Hugo Boss was upbeat on Tuesday as it reported record quarterly sales and momentum accelerating further in Q4. It also said that its preliminary 2021 results have exceeded its guidance.
Italian fashion house Valentino said on Monday it had reorganised its finance and operations structure into two distinct units to separate its business and control divisions.
Luxury label Pierre Cardin is set to return to Paris Fashion Week in a bid to breathe new life into the brand, its new boss told AFP, just over a year after the death of its legendary founder.
Gucci is teaming up with animated celebrity and digital collectibles creator Superplastic to launch a series of CryptoJanky NFTs and handmade ceramic sculptures.
The world's largest known cut diamond went on public display for the first time Monday ahead of its sale, when it is expected to reach five million dollars.
Early signs of the confidence shown by workers returning to their offices saw a boost for UK high street footfall in the latest week. Footfall across UK retail destinations rose 1.5%, according to Springboard.
All dressed up and somewhere to go. Christmas 2021 was a season of a return to socialising, albeit on a slimmed-down scale compared to 2020’s restrictions. That meant consumers upped their spend on fashion and beauty.
This weekend in Milano Moda Uomo, ending Monday, was a season of new designers and venerable insider's labels making important statements, as creative minds profited from the lockdown to explore new options.
Fortnum & Mason had a strong Christmas period, but its latest accounts for the year to last July also showed it swinging to a pre-tax loss for the first time since 2009.
Richemont has restructured its fashion division: AZ Factory’s ex-boss is now in charge of Dunhill, and Mauro Grimaldi, now strategic advisor of the Swiss giant's fashion & accessories division, will head AZ Factory.
