Gap and LoveShackFancy are launching a limited-edition, multi-category capsule collection of women’s, men’s, kids, and baby apparel and accessories. It merges Gap style with LoveShackFancy’s vintage-inspired florals and feminine silhouettes. The 55-piece collection “brings a fresh take to classic denim, pastels and logo, incorporating neutral tones, floral prints, whimsical textures and fabrics showcasing a romantic and nostalgic twist to Gap’s signature arch logo typeface”. It launches in the US on 4 August and UK from 17 August.
Hermès has opened a new Los Angeles store, at Westfield Topanga. The sixth Hermès store in California, and the 35th in the US underlines the importance of that giant market. The store combines façade columns inspired by the surrounding nature with a palette of colours and textures “akin to Topanga State Park”.
Italian luxury retailer LuisaViaRoma has named Tommaso Maria Andorlini CEO, succeeding Alessandra Rossi, as it gears up for international growth and expands its categories. The new CEO is a respected Florence-based manager and entrepreneur with 20+ years of experience in the industry. He founded sneaker and apparel retailer SOTF in 2020. Rossi had succeeded the founding family’s Andrea Panconesi as CEO in 2021 after private equity firm Style Capital took a 40% stake. But Panconesi retains majority control.
Eyewear giant Marcolin has dived into augmented reality tech to elevate its training and customer experience activities. It’s launched an immersive tour project within its Italian factories. Employee training will rely on the potential of AR tech, following up and developing the Marcolin Manufacturing Academy programme. A headset offers an immersive experience in the Longarone headquarters where the user can go through all of the production spaces, from the creative process to prototyping, followed by manufacturing steps, and ending with the product distribution.
Finnish retail giant Stockmann — which owns the Lindex fashion brand — said group revenue was €252 million in Q2 (down from €269 million). While revenue decreased by 6.3%, in local currencies the decrease was only 0.5%. The Lindex division’s revenue fell to €176.2 million from €188 million, but grew in local currencies by 2%. The Stockmann division’s revenue decreased to €75.8 million from €81 million. It cited challenging conditions and the late onset of spring-like weather.
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