Having been purchased by Eric and Michaël Dayan in 2019, the Sonia Rykiel brand is set to change hands again, joining the portfolio of American fashion group G-III Apparel, owner of labels including Donna Karan.
Halima Aden, the first supermodel to wear a hijab and pose in a burkini, has ripped up her lucrative contracts in an industry she feels lacks "basic human respect" and entered the world of modest fashion design instead.
The New York-based owner of DKNY announced a year-over-year increase of 62.5% in its second-quarter sales on Thursday, as continued strength in casualwear was boosted by increases in broader lifestyle categories.
The owner of brands including Donna Karan announced on Tuesday that its chief operating officer, Wayne Miller, will be stepping down from his current role to become a senior strategic advisor at the company.
The owner of the Donna Karan brand reported a 28.3% rise in first-quarter net sales on Monday and provided a hopeful financial outlook for the full fiscal year, reflecting improving trends for lifestyle apparel.
British designer Paul Andrew, head of all collections at Florentine luxury brand Salvatore Ferragamo since 2019, will leave his role at the business in May. The brand’s in-house team will take over his responsibilities.