Sneaker disruptor On in creative link-up with FKA twigs as it adds categories

Fast-growing Swiss sneaker firm On has unveiled FKA twigs as its “creative partner” for its “new training vertical”. It’s an interesting development for a company that has until now focused more on link-ups with sports stars. FKA twigs for On It said the artist, singer, and dancer “will help launch On’s training collection as the … Read more

Sofía Arribas, founder of Sophie et Voilà, on celebrating craftsmanship and expanding horizons

Translated by Roberta HERRERA Published Apr 25, 2024 Founded in 2008 by Sofía Arribas, Sophie et Voilà has emerged as a pivotal design house within the national landscape. Anchored firmly in the bridal sector, the Bilbao-based label ventured into ready-to-wear in 2023, looking to propel growth by penetrating international markets, such as Asia and the … Read more

MEPs attack fast fashion by tackling textile waste

Translated by Nicola Mira Published Mar 15, 2024 While the French government is trying to put the brakes on fast-fashion players, EU Parliament members (MEPs) are following their own agenda, and are tackling the issue of textile waste. Shutterstock On March 13, The European Parliament voted on a bill designed to force the fashion industry … Read more

Aeffe widens its losses in 2023

Translated by Cassidy STEPHENS Published Mar 14, 2024 Aeffe ends 2023 still in the red. The Italian fashion group, which carried out a major reorganisation of its flagship brand Moschino last year, posted a net loss of 32.1 million euros in 2023, compared to a loss of 9 million euros a year earlier. Sales were … Read more

Is it game over for sector’s biggest names?

Matches has laid off almost half its staff — 273 people — as it trades through administration while a buyer is sought by insolvency specialist Teneo. The company had employed 533 people in its three London stores and at its HQ from where it sells to consumers in 170 countries.  Matches Benji Dymant, joint administrator, … Read more

Shiseido unveils plan for 1,500 voluntary departures in Japan

By AFP Translated by Roberta HERRERA Published Feb 29, 2024 Shiseido, the leading Japanese cosmetics brand, unveiled on Thursday a comprehensive transformation initiative for its Japanese operations, earmarking 1,500 voluntary departures this year, accounting for nearly 4% of its global workforce. Shiseido Only Shiseido employees meeting specific age and career duration criteria will be eligible … Read more

Taxpayers will foot bill for Body Shop redundancies

UK taxpayers will be responsible for the substantial bill to pay redundant staff from The Body Shop after the ethical beauty retailer entered administration on 13 February. The Body Shop Oxford Street flagship store, which closed Tuesday. Photo: Sandra Halliday FRP Advisory has been appointed administrators tasked with overseeing a major restructuring of the collapsed … Read more

net profit down 17% and sales down 4% in 2023

By AFP Published Feb 8, 2024 Luxury group Kering announced on Thursday that net profit would fall by 17% in 2023, to €2.98 billion, and that sales would fall by 4% to €19.57 billion, as the group restructures its flagship brand Gucci. See catwalkGucci – Fall-Winter2024 – 2025 – Menswear – Italie – Milan – … Read more

Issey Miyake unveils new flagship store in Paris

Translated by Roberta HERRERA Published Feb 2, 2024 A new chapter is unfolding for Issey Miyake in Paris. The luxury Japanese ready-to-wear brand has recently bid adieu to its flagship store on 11 Rue Royale, where it had settled in 2008, following nearly two decades at Place des Vosges. This strategic move solidifies its presence … Read more

Burberry update comes with profit warning as American woes continue

Burberry delivered a fairly short (well, short for Burberry) trading update on Friday with a few too many minus signs in it and not enough plus signs. Oh, and there was a profit warning too. See catwalkBurberry – Fall-Winter2023 – 2024 – Womenswear – Londres – © ImaxTree The company said the 13 weeks to … Read more