Prada Group inks new joint venture for the Philippines

SSI Group has formed a joint venture with Prada Group through its subsidiary Stores Specialists, with the luxury retailer looking to expand the Italian firm’s presence in the Philippines.  See catwalkPrada – Spring-Summer2024 – Womenswear – Milan – © Launchmetrics Dubbed ‘Prada Philippines’, the new venture will see SSI Group and Prada Group initially invest … Read more

From product sheets to design, AI is changing the fashion industry

Translated by Cassidy STEPHENS Published Jan 2, 2024 While the general public is beginning to embrace generative AI which, simply put, offers personalised texts and images, the fashion and luxury sectors are using artificial intelligence to generate advertising campaigns, product sheets, customer experiences, and even the products themselves. But while AI seems to be the … Read more

Estée Lauder puts the science of longevity at the heart of its strategy

Translated by Cassidy STEPHENS Published Jan 2, 2024 According to INSEE, by 2023 there will be 30,000 centenarians in France, thirty times more than in 1970. Scientists, sociologists and even psychologists are looking at the issues raised by longer life expectancy, but above all at how to live better for longer. And it’s now the … Read more

Italian fashion industry to grow by 3.2% in 2023, but sector margins contracting

Translated by Cassidy STEPHENS Published Jan 2, 2024 According to data published by Confindustria Moda, the Italian fashion industry should close 2023 with sales of €111.7 billion, up 3.2%. This growth can be attributed exclusively to an increase in sales in value terms, while for the first time since the pandemic there has been a … Read more

Barbour sales rise, but costs increases dent profits

Barbour — or to give it its full name, J Barbour & Sons Limited — said the year to the end of April saw higher revenue but lower profit. Turnover rose to £343.1 million from £286.5 million although the cost of sales also jumped significantly. Gross profit was £149.4 million, up from £128.8 million, but … Read more

The Best Bottega Veneta Bags to Invest Your Money In

And while shoes and coats have proven to be some of the brand’s most in-demand pieces, the hardest item to get your hands on in recent years has to be one of Bottega Veneta’s bags. The brand recently launched its commitment to expert craftsmanship and luxurious materials with an announcement of a new lifetime warranty on its bags. The … Read more

Apple can temporarily sell smartwatches after US appeals court win

By Reuters Published Jan 1, 2024 Apple can for now resume sales of its flagship smartwatches, after a U.S. appeals court on Wednesday paused a government commission’s import ban on the devices imposed in a patent dispute over its medical monitoring technology. Reuters The tech giant had filed an emergency request asking the U.S. Court of Appeals … Read more

Fashion’s sales season plastics problem isn’t about packaging

By Bloomberg Published Jan 1, 2024 Until the rise of online retail, you might have been forgiven for thinking that all apparel was shipped in burlap sacks. Those wanting their garment spending to be sustainable these days can take comfort in reusable wooden hangers, paper shopping bags, and recycled fibers. The only glimpse of plastic in many … Read more

Apple Watch import ban goes into effect in US patent clash

By AFP-Relaxnews Published Jan 1, 2024 A US import ban on certain Apple smartwatch models came into effect Tuesday, after the Biden administration opted not to veto a ruling on patent infringements. The United States International Trade Commission (ITC) decided in October to ban Apple Watch models over a patented technology for detecting blood-oxygen levels. … Read more

The new Fontainebleau Las Vegas casino and resort unveils fashion and luxury retail offering

After a wait of 23 years and a few ups and downs, the Fontainebleau luxury resort in Las Vegas finally opened its doors in mid-December. Owned by Fontainebleau Development, the spectacular $3.3 billion complex has just unveiled its retail offering. Fontainebleau casino and resort opened in Las Vegas Between the 3,644 luxury hotel rooms and … Read more