German sportswear giant Adidas raised its 2021 sales outlook on Friday, saying it expects strong demand for new products despite ongoing lockdowns in Europe, supply chain challenges and political tensions.
Raymond Ltd witnessed a 15 percent decline in consolidated net profit at Rs 58 crore ($7.9 million) for the fourth quarter ended March 2021, as against Rs 69 crore it had reported in the year-ago period.
The LVMH Prize 2021 has named its finalists - Bianca Saunders, Charles de Vilmorin, Christopher John Rogers, Conner Ives, Colm Dillane, Kika Vargas, Lukhanyo Mdingi, Nensi Dojaka and Rui Zhou. Three of them are American.
With European populations slowly but surely being vaccinated, designers on the Continent are suddenly expressing a new optimism. Few more so than Demna Gvasalia of Balenciaga in Balenciaga's winter 2021 pre-collection.
On June 1, Hubert Hinterseher will take over from Michael Lämmermann, the German sport group’s CFO since 2013. Arne Freundt, currently head of EMEA, has instead been promoted to the post of chief commercial officer.
Receive by e-mail all of the latest news from the fashion, beauty, and luxury industries, free of charge. But also, access documentation, view interviews and videos from fashion trade shows and runways.