The owner of the Michael Kors brand beat analysts’ expectations with the announcement of solid growth in both sales and earnings in the third quarter on Wednesday but dampened the news by reducing its annual guidance.
Off-White and Bottega Veneta are continuing to ride high in the latest version of The Lyst Index. The Q4 report from the high-end search engine showed that Off-White is again the "hottest brand on the planet”.
This season, the Milan Fashion Week Men’s has teamed up with London, and will welcome a spate of new names and major comebacks, from Gucci to Ferragamo, to bolster its programme and make up for 11 withdrawals.
The Milan Fashion Week Men, scheduled on January 10 to 14, will be half a day longer and will feature many come-backs and new names, among them Gucci and A-Cold-Wall, compensating for no fewer than 11 withdrawals.
Aditya Birla plans to double its store count for its multi-brand luxury fashion retail chain The Collective and open 10 more stores in the coming three years with an investment of around Rs 60 crore ($9 million).