For the first time, two top Italian labels have joined forces and combined their creative perspectives to design two collections in one, Fendi by Versace and Versace by Fendi, which will be commercialised next May.
Saint Laurent, the first major house that led a wave of departures from Paris Fashion Week has decided to return to the season, according to the Federation de la Haute Couture et de la Mode's official calendar.
Shying away from the oversize installations of previous editions, luxury labels like Gucci, Off-White and Givenchy took advantage of the Milan Design Week to showcase an array of new projects and offbeat initiatives.
The three groups have announced in quick succession three different initiatives that emphasise their social commitment, from supporting biodiversity to championing young emerging designers and inclusivity.
Former CEO of Brioni Gianluca Flore, who moved to Burberry in 2017 to oversee the British luxury brand’s operations in the Americas, will step into his new role as chief commercial officer from September 1.
Michael Kors parent Capri Holdings Ltd on Friday raised its annual forecasts for the second time after trouncing Wall Street estimates for quarterly results, as shoppers splurge on its high-end clothes and bags.
Covid has forced the Italian luxury industry to step up the pace of its transformation and search for investors, as shown by Zegna announcing a forthcoming stock market listing, and L Catterton’s acquisition of Etro.