The Arab emirate, home to the 2020 World Expo which opened in October, is an increasingly sought-after destination for the fashion and luxury world, as shown by the Armani and Chanel shows, and more besides.
Buoyed by the Mondogenius project's record results and the recent entry on the perfume market, Moncler has announced it will move into 38,000 m2 new Milanese headquarters not far from those of Prada and LVMH.
Tiziana Fausti, founder of the eponymous multibrand luxury retailer, details to FashionNetwork.com her strategy for breathing fresh energy into the legendary Milanese concept store she bought last year.
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.
Luxury handbag brand Aranyani has launched a number of charitable initiatives around Bengaluru including food distribution and hospital aid, as well as support for its artisans during the second wave of Covid-19.