The latest player to enter the rapidly developing fashion rental market is Swedish fast fashion giant H&M, with a deft high street collection of archival evening wear, in a concept store that opens this Friday.
H&M’s sales grew as expected in the three months to May 31, its second quarter, with an impressive 11%. In local currencies that was ‘only’ a 6% rise, but in the current retail environment, that’s a strong result.
The biggest beauty names are in a race to snap up the most dynamic brands globally and Anglo-Dutch consumer-products giant Unilever is one of the most active names, its latest big buy being J-Beauty brand Tatcha.
Fashion is rocking Milan for the Furniture Fair, with Dior’s gala at Antonia, Armani's for the Tadao Ando exhibition, and countless parties, cocktail evenings and installations, like those by Tod’s and Vogue Italia.