According to a study by consulting firm PwC presented in Florence on Monday, Italy’s fashion market is expected to be worth €81.3 billion in 2023, up from €78 billion this year, still penalised by reduced tourism.
The Federation de la Haute Couture et de la Mode, the organization that controls the calendar of Paris runway seasons, has unveiled two new digital devices allowing fashion houses to measure their ecological impact.
Amazon.com Inc has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty programme in a battleground growth market.
Facebook's $5.7 billion investment in Reliance promises to be the biggest headache yet for Paytm, a pioneer in India's digital payments market but which has been losing ground to rivals with deeper pockets.
Fashion tech start-up Bigthinx recently travelled to Milan to take part in accelerator programme Startup Bootcamp and will work with partners including Prada, Sopra Steria, Accenture, and PwC from January.
Jewellery is a booming, sought-after sector, as shown by LVMH’s recent bid for Tiffany & Co. FashionNetwork looks into the advantages and potential of an industry still little-known and underexploited by luxury groups.
Despite the good intentions of both companies and consumers, the luxury industry is struggling to adopt truly sustainable practices, except via the circular economy, as illustrated by the Pambianco Summit debate.
India's new foreign investment restrictions for its e-commerce sector, which includes giants such as Amazon and Walmart's Flipkart, could reduce online sales by $46 billion by 2022, according to a draft PwC analysis.
The weather gods were kind to Missoni last night, as the house and family celebrated the 65th anniversary of the brand with a memorable show staged on an elevated concourse looking out over Milan’s Fiera City.