Emirati multinational conglomerate Lulu Group has pledged to invest $300 million in Karnataka’s retail, logistics and hospitality sectors and plans to open more fashion stores through its retail arm Tablez.
Just one week after the Spanish luxury label’s last fashion show, in London, it has confirmed the departure of its head creative, Catalan designer Josep Font, its creative director for the past six years.
Desigual CEO Thomas Meyer has acquired a 10% stake in the Spanish fashion brand, which was purchased by the Eurazeo investment firm in 2014. Meyer now becomes the sole shareholder of the Barcelona-based label.
The Catalan capital's Fashion Week wrapped up its 22nd edition on Friday, showcasing a practical demonstration of consumer-targeted fashion, while promoting a sustainable, local and accessible fashion industry.