Circumstances conspired against Fast Retailing in Q1 with the firm having faced several obstacles in the Asia market. And its Uniqlo chain was also at the mercy of the weather last month as high temperatures hit sales.
A few days after Massimo Piombini’s departure from Balmain was made official, his new professional challenge has been revealed: he will become the CEO of the OTB group’s leading label, Diesel, in February 2020.
John Galliano has renewed his contract as creative director of the house of Maison Margiela, in a vote of confidence in the controversial British designer by the brand's owner, Italian billionaire Renzo Rosso.
The denim industry produced $19.7 billion in merchandise in fiscal 2018, a figure which, according to a recent study, is predicted to increase an average of 3.2% over the coming years to reach $25.4 billion by 2025.