The company set up from scratch in 2014 by luxury group Kering, the industry’s first to internalise its eyewear business, is about to top the €500 million revenue mark, and says it isn’t interested in Safilo.
Few houses are having a greater impact on fashion today than Balenciaga, thanks above all to the tenure of its Georgian émigré creative director Demna Gvasalia, who sent out a musing on arty power dressing on Sunday.
Saint Laurent’s models on Tuesday paraded down a runway filled with dozens of projector lights against the backdrop of the Eiffel Tower to showcase the French label’s collection for Paris Fashion Week.
On Wednesday, Kering announced the issue of €500 million worth of bonds, maturing in 2022, that are exchangeable for Puma shares, a further step in its exit from the German sport group, which began in 2018.
After a bumpy few years, luxury brands are re-committing to China's market as a weaker yuan and the US trade war funnel more Chinese high-end spending back home, Tiffany & Co CEO Alessandro Bogliolo said in an interview.
Running 23 September to 1 October, the nine-day calendar announced for Paris Fashion Week on Friday promises new creative directors, big name brands and fresh talent, with highlights including Patou's relaunch by LVMH.
The market has evolved greatly in recent years, transforming the design process and the way fashion start-ups are created. FashionNetwork.com looks at the advantages emerging designers have, and the hurdles they face.