Hugo Boss has announced a 5% rise in group sales for Q1, hitting €1.014 billion, which is an increase of 6% currency-adjusted. Both its Hugo and Boss brands, as well as all regions and all channels, contributed to the growth. Hugo Blue It also said that its profit on an EBIT basis rose 6% to … Read more
Premium menswear Charles Tyrwhitt is striking out to widen its casualwear credentials. The retailer, with operations in London and New York, has become a ‘Proud Partner’ of the New York Yankees baseball team. Charles Tyrwhitt This latest sporting connection adds to the brand’s existing portfolio of partnerships that includes the New York Jets American football … Read more
News last year that Shein and Authentic Brands Group were interested in buying Topshop – currently owned by ASOS – seemed to be just a rumour. But now the speculation has resurfaced and given the well publicised problems at ASOS it could mean that a takeover by one of the fast expanding businesses is more … Read more
Translated by Nicola Mira Published Apr 19, 2024 Hermès, with its spectacular installation at the Pelota venue, and Giorgio Armani, exhibiting at the historic Palazzo Orsini, have been the main attractions at Milan Design Week, drawing scores of visitors each day, with long queues forming outside their respective venues. It may be a coincidence but, … Read more
In the midst of the vibrant spring scenery, the 2024 Shanghai Fashion Week opened with a grand gathering of stars, including renowned Japanese designer Naoki Takizawa, and a show by Le Fame, the Chinese label known for its modern Shanghai-style. Le Fame This season the Shanghai Fashion Week theme was “Chainborne,” aiming to foster deep … Read more
Translated by Nicola Mira Published Mar 29, 2024 Australian skincare brand Aesop, now owned by the L’Oréal group, has taken FashionNetwork.com inside its Parisian office for the launch of its Immaculate Facial Tonic, a vitamin-rich skin tonic that hydrates and exfoliates. The Aesop Paris office with its understated interior design opened just over a year ago in … Read more
By Reuters API Published Mar 27, 2024 Russia’s finance ministry has agreed with sanctions-hit diamond producer Alrosa to purchase part of the company’s production in 2024, a source familiar with the matter said on Wednesday. Reuters Interfax news agency earlier on Wednesday reported on the agreement, citing two sources familiar with the matter. As part … Read more
By Bloomberg Published Mar 23, 2024 A constellation of celebrities and pop stars sat in the front row in February as fashion brand Labrum showed off its latest collection inside London’s Tate Britain museum. See catwalkLabrum London – Fall-Winter2024 – 2025 – Womenswear – Royaume-Uni – Londres – ©Launchmetrics/spotlight But it was a rugby player who led … Read more
By Bloomberg Published Mar 21, 2024 When Nike Inc. reports its third-quarter earnings on Thursday, investors will be looking for signs that the world’s biggest sportswear company is beating back a growing field of challengers. Nike Nike Chief Executive Officer John Donahoe should learn from his counterpart at Adidas AG, Bjorn Gulden, whose efforts to energize the … Read more
Hibbett announced on Friday sales for the fiscal 2024 increased 1.2% to $1.73 billion, coinciding with a sales uptick for the fourth quarter ending February 3. City Gear The Birmingham-based company said sales in the fourth quarter increased 1.8% to $466.6 million, thanks to an increase in e-commerce sales, up 6.9%. Comparable sales declined 6.4%, while … Read more
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