There is a great debate in fashion. Will women want elegance and sophistication when the pandemic eventually ends or will their biggest needs just be ease and comfort? Ian Griffiths of Max Mara, believes in the former.
Fashion likes nothing more than a debut, and the biggest one in Italy this season was designer Glenn Martens at Diesel, the avant-garde Belgian designer, making some bold moves at the Italian streetwear giant.
Christian Dior unveiled a caryatid Cruise 2022 collection in Athens on Thursday evening, metaphysical mode by its creative director, Maria Grazia Chiuri, unveiled inside the city’s giant Panathenaic Stadium.
H&M Group’s net sales rose as much as 75% in local currencies during Q2 (the March to May period), although given the strengthening Swedish Krona, its revenues translated into ‘only’ a 62% rise on a total basis.
Inditex bounced back with a vengeance in Q1 with the Spanish fashion retail giant reporting higher profits and saying its sales grew 50% year-on-year. Sales in Q2 so far have also exceeded those of Q2 2019.
Global Fashion Group saw a strong Q1 as it attracted more customers to its websites and enjoyed a solid recovery in repeat customers. It also attracted more brands and marketplace net merchandise value almost doubled.