The latest Lyst Index comes in the middle of the biggest crisis to hit fashion in decades. And the luxe search giant said the impact of Covid-19 was felt in the quarter, affecting what people searched for.
Gucci may not have grown quite as fast in the latest quarter, according to Kering’s recent results, but it continues to be hugely popular, with the brand making it back to the top spot in the latest Lyst Index for Q2.
There was no party to celebrate the summer solstice at the German sports giant, which has been battered by some strong winds over the last week, as a storm has brewed around the issue of diversity in its American teams.
Beyoncé may have cut her Ivy Park links with Topshop owner Philip Green, but she’s not given up on the brand. Quite the reverse, and on Thursday it emerged that she’s linking up with an even bigger name - Adidas.
Asos is going from strength to strength with sales and profits both rising strongly. And product initiatives are paying off, while a new relationship with Estée Lauder should boost it in the beauty arena.
Foot Locker has made a strategic investment of $15 million in Series A funding in luxury women's active marketplace Carbon38. Brands sold on the site include Alo Yoga, Adidas by Stella McCartney, and Beyoncé's Ivy Park.