Swiss luxury goods group Richemont said Friday that sales had climbed above their pre-pandemic level thanks to sales in Asia, the Americas and Middle East. Jewellery sales led the advance, while fashion sales declined.
Registrations have opened for ITS 2021, a competition dedicated to young design, based in Trieste. Scheduled for October, the contest will feature a new digital prize this year. Registrations close on June 24.
Farfetch is rarely out of the news these days and it’s currently making headlines with its Q3 results. It's still loss-making, but appears to be riding the wave of the "paradigm shift in favour of online luxury".
Swatch Group has reshuffled its leadership team and named new heads for several of its key brands in a change that analysts had been expecting for some time. All of the new appointments will happen on July 1.
The Trieste-based competition’s 2020 edition was originally scheduled for July 17 but, like the Hyères Fashion Festival, ITS has announced the event’s postponement, to October 23, due to the Covid-19 pandemic.