More and more swim ranges are becoming sustainability-focused, a move that’s unsurprising given the impact of pollution and climate change on the world’s seas. So it’s no shock that the new Let’s Swim offer by David Koma is all about protecting sharks, preserving the oceans and cleaning up beaches. Let’s Swim The new lifestyle label … Read more
Translated by Nicola Mira Published Apr 25, 2024 The SMCP group has announced in its new strategic plan that it wants its international business to take advantage of prevailing global market trends. The group that owns Sandro, Maje, Claudie Pierlot and Fursac will soon open in India, in partnership with local giant Reliance Brands. One … Read more
France Federation reveals Paris menswear and couture show schedules, with debuts by Ardazaei and returns by Thom Browne and Charles de Vilmorin. Pascal Morand – DR The Federation de la Haute Couture et de la Mode has revealed the new provisional calendars for this summer’s menswear and haute couture runway seasons in Paris, which have … Read more
By Europa Press Translated by Roberta HERRERA Published Apr 26, 2024 Adolfo Domínguez achieved a net profit of €730,000 during its fiscal year 2023-2024 (from March 2023 to February 2024), marking a near fourfold increase (365.1% rise) from the €157,000 recorded the previous year, according to reports submitted to the National Securities Market Commission (CNMV) … 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
Translated by Nicola Mira Published Apr 26, 2024 Forging a strong direct relationship with consumers is one of the mainstays of the ‘Project Fuel’ plan drawn up by Michelle Gass, who earlier this year was appointed CEO of Levi Strauss & Co. And while Levi’s will chiefly focus on expanding its retail network in Asia, … Read more
By Reuters API Published Apr 26, 2024 The European Union designated Chinese-founded fast-fashion company Shein as a very large online platform (VLOP) after it reported a huge number of users, the EU said in a statement on Friday. Shein Under the EU’s Digital Services Act (DSA), companies with more than 45 million users are regarded … Read more
By Reuters Translated by Cassidy STEPHENS Published Apr 26, 2024 Private equity firm L Catterton has announced that it is acquiring a majority stake in family-owned Kiko Milano, in a deal that, according to a source close to the matter, values the accessible Italian make-up manufacturer at around €1.4 billion ($1.5 billion) including debt. Kiko … Read more
Kering Beauté has appointed Alexandre Choueiri as the new president and chief executive officer for the Americas, signaling its commitment to the beauty market in the region. Kering Beauté names Alexandre Choueiri as president and CEO for the Americas – Balenciaga Choueiri is a seasoned industry veteran with over two decades of experience at L’Oréal, … Read more
Skechers U.S.A. Inc. announced on Thursday record sales of $2.25 billion, a 12.5% increase, for the first quarter, on the back of double-digit increases in international and direct-to-consumer sales, respectively. Skechers The Los Angeles-based footwear company quarterly sales increased thanks to a 15.2% increase in international sales, and a 7.8% increase domestically. Wholesale sales grew $127.1 million, or … Read more
