How much would you pay for something with a Roger Vivier label on it? €415m maybe? That’s what Diego Della Valle’s Tod’s group has just spent. Ok, for that it gets the entire brand, not just a beautifully crafted pair of shoes or a bag. But it still seems like a lot of money for…
France’s government may have been encouraging citizens to “go shopping” but it appears many of them aren’t listening, at least as far as physical stores in Paris are concerned. And the fear of shopping appears to have been exported with lower footfall in London too, while Brussels remains a ghost town.
It’s official, Marni’s now fully owned by Renzo Rosso’s OTB group. The company founded by Consuelo Castiglioni and her husband Gianni is now being run by Staff International’s Ubaldo Minelli, although the Castiglionis remain creative director and president. Staff is OTB’s manufacturing unit.
India’s digital market is growing and more homegrown business are gearing up to exploit that growth. Styletag.com, the country’s first online curated fashion and lifestyle startup has raised US$7.5m in angel funding from real estate magnate Jitu Virwani.
Can Gap Inc get its namesake oldest child to ever match favourite sibling Old Navy’s storming performance? Will more sophisticated sister Banana Republic settle down and find her niche? And will little sis Athleta live up to her promise?
John Lewis has confirmed that its Black Friday deals will be bigger than ever this year. What? Wasn’t it John Lewis that warned last January about Black Friday going too far? It certainly was but it seems the company’s new “We Love BF” stance is all about its Never Knowingly Undersold (NKU) commitment that sees…
As Paris struggles to get back to normal, questions are being asked about the prospects for the city’s fashion retail trade this holiday season. While some might say there are more important things to think about, surely the most important thing is to assert the virtue of normality? Analysts are looking to see whether key…
What’s gone wrong at Bebe? Quite a lot actually as it looks like product missteps, too many stores, markdown fever and a reorganisation process all combined in Q1 to make its results statement grim reading. The fashion retailer said Thursday that Q1 comps fell 4.1%, total sales fell 5.7% to $96.3m, the gross margin fell…
It’s a challenging time for the luxury sector as profits take a dive due to… well, you know, the usual suspects – Russia, the Middle East, China – all those places that used to be the very reason luxury did so well. So how about Burberry? Well, on Thursday the UK luxury leader said its…
News emerged today that the Yoox and Outnet buying effort will be combined. But with both selling product from previous seasons to a similar set of customers and with the Italian Yoox.com easily dwarfing smaller Outnet.com, can it continue to exist in its current form? Of course, there are differences between the two as well…
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