Black empowerment stirs the rise of African fashion
The appeal of African fashion brands is on the rise as Africans on the continent and beyond increasingly want to wear local designs and display pride in their authentic cultural heritage.
The appeal of African fashion brands is on the rise as Africans on the continent and beyond increasingly want to wear local designs and display pride in their authentic cultural heritage.
The chief executives of Van Cleef & Arpels, De Beers and Tiffany & Co see strong growth prospects for lab-grown diamonds as fashion accessories but warned that they should not be compared...
Hanneli Rupert, daughter of Johann Rupert, chairman of Cartier and Richemont, has emerged as a countercurrent voice defending the use of exotic leather while the rest of the industry has...
Gucci boss Marco Bizzarri said on Wednesday that he recognized that the ‘blackface sweater’ incident – caused by the Italian brand’s $900 balaclava turtleneck with cartoonish red lips –...
Luxury goods powerhouse LVMH has agreed to finance the creation and launch of designer Nicolas Ghesquière’s own fashion brand, sources close to the matter have told FashionNetwork.com.
The head of Oscar de la Renta and several retailers have endorsed Farfetch boss Jose Neves’ call to stem the scourge of discounts online and offline but said Farfetch also needs to make...
Buccellati, one of Italy’s last high-end independent jewelers, is actively seeking a buyer after its new Chinese owners pulled the plug on a 200-million-euro expansion plan, sources told...
Fashion brands need to put their foot down and take action to prevent “a race to the bottom” in terms of discounts that threaten whole fashion retail eco-system, Farfetch CEO José Neves...
Asians catching up on the West’s obsession with health and wellness is a trend that has created attractive investment opportunities, Ravi Thakran, a regional LVMH boss, told a luxury...
Ruyi Fashion Holding Group, the Chinese textile manufacturing group that controls France’s Sandro, Maje and Claudie Pierlot (SMCP), is still in the market for acquisitions, its chairman...
India is not the impregnable fortress most luxury brands think it is, but rather the next frontier, Darshan Mehta, chairman and chief executive of Reliance Brands, told FashionNetwork.com.
British handbag maker Mulberry expects sales to start growing again next year thanks to a boost from Asia where it has significantly expanded its presence, its chief executive told...
Luxury goods stocks have been hammered in recent weeks by concerns about weakening demand in China and a looming trade war with the US. But the real picture is much more mixed, the...
Lanvin has finally chosen its new creative director for womenswear: Bruno Sialelli, who has designed menswear at LVMH’s Loewe since 2016, several industry sources told FashionNetwork.com.
Anthony Vaccarello, known for his rock-chic, asymmetrical looks, has renewed his contract with Saint Laurent for another three years, industry sources with first-hand knowledge of the...
Farfetch will complete by the end of this week its much-anticipated initial public offering (IPO) on the New York Stock Exchange with a valuation of up to $4.8 billion if investors pile...
Prada has not renewed its perfume license with Puig, industry sources have said, the second mega fashion brand to part ways with the Spanish perfume company after Valentino ended its...
Carven and Olympia Le-Tan have become the latest victims of investors’ short-termism and lack of faith in the future, spooked by mounting losses and stagnating sales.
The closure of London's fashion concept store Feathers is as much a symbol of the rise of internet multi-brand retailers such as Farfetch and Net-a-Porter as it is of a passing of...
Sandro CEO Jean-Philippe Hecquet is to become Lanvin's new boss, a source close to the matter told FashionNetwork.com, after SMCP confirmed the executive was leaving the French fashion...
Caron, the oldest perfume house in France after Guerlain, is up for sale, sources with first-hand knowledge of the matter told FashionNetwork.com.
This week, Ferragamo lost its head of marketing and communications Antonio Burrello, who had been hired in January 2017 by former CEO Eraldo Poletto, who himself left in March to run...
Lanvin has held initial talks with Haider Ackermann in recent weeks as its new Chinese owners search for a creative director. However, it remains unclear whether Fosun International will...
Outgoing Conde Nast executive Xavier Romatet said he was not involved with Groupe Marie Claire or talks with industry peers to form a new entity after Groupe Marie Claire withdrew from...
Xavier Romatet, in the process of leaving Conde Nast International, has already been negotiating with unions at Groupe Marie Claire in recent weeks on a restructuring of the French media...
Pascale Mussard will no longer have any executive role at Hermès after being forced out of Petit h. However, she still holds some positions within the company, Hermès said on Friday.
Senior Hermès family figure Pascale Mussard has been forced out of Petit h, the Hermès offspring she created eight years ago that makes objects with crocodile leather and other high-end...
China’s Fosun International won the bidding war for Lanvin against the Qataris this month for reasons that have little to do with money, creative vision or strategy for France’s oldest...
Lanvin staff will grill management and Fosun at a meeting on Thursday, seeking guarantees about jobs following the Chinese group's deal to buy a controlling stake in the brand, sources...
China’s Fosun International has beat Qatar’s Mayhoola in the bidding contest for French fashion brand Lanvin in a deal that should lead to an investment of more than €100 million, two...