Italy’s Benetton has named Andrea Incontri as Creative Director of its women's, men's and children's collections. The SS23 collection, the first to be designed by him, will be shown in September at Milan Fashion Week.
Alibaba will apply for a primary listing in Hong Kong and keep its U.S. listing, the first big company to take advantage of a rule change allowing Chinese firms with dual class shares to seek dual primary listings.
Heritage British sailing brand Henri-Lloyd has been acquired by performance sports specialist Odlo, several months after it also acquired merino wool clothing manufacturer Janus.
Balancing supply with demand could become a critical factor in the months ahead. And online fashion retail giant ASOS is said to be delaying some autumn orders as customers are expected to cut back in a spending squeeze.
Singer Halsey announced this month the upcoming launch of her second beauty brand, set for retail release in Walmart July 25.
Hotter Shoes parent Unbound Group has raised around £4.3 million to invest in its growth strategy, particularly concentrated on expanding its footwear retail association with UK garden centre group Notcutts.
The American group Estée Lauder is launching a support program dedicated to Indian beauty labels entitled Beauty & You India together with Nykaa, an Indian online beauty retailer.
Free-spending tourists in Europe are expected to drive brisk second quarter sales at French luxury groups LVMH, Gucci-owner Kering and Hermes, helping to offset the impact of disruptions in China from Covid restrictions.
JD Sports Fashion had some good news on Friday as it released a short trading update head of its annual general meeting with total sales in the group's like-for-like businesses 5% ahead of the prior year
A.K.A Brands announced on Thursday preliminary financial results for the second quarter, highlighting a net sales increase of 6% to $158.5 million for the three months ending June 30.
Danish jeweler Pandora announced on Thursday the company will open an office in New York in September 2022, in a bid to bolster its growth strategy in the U.S. market.
LVMH chief Bernard Arnault has changed the legal structure of his family holding company Agache to a joint-stock partnership to ensure family control over LVMH in the long term, the company said on Thursday.
On Thursday, Swiss fragrances and flavourings producer Givaudan reported a net profits slump in H1, within a highly inflationary environment and despite rising sales, driven chiefly by the rebound of fine perfumery.
JD Sports Fashion could be close to selling its Footasylum chain. The UK retail giant is in exclusive talks with private equity giant Aurelius Group.
Deep in transition mode, Brand Architekts Group has suffered an untimely dip in sales and earnings, the challenger British beauty business admitted Thursday. Group sales for the year are expected to be down 11%.
