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luxury

Acreage allocated to flax fiber in Europe expected to reach 160,000 hectares in 2024

by David Johnson
Acreage allocated to flax fiber in Europe expected to reach 160,000 hectares in 2024

Translated by Roberta HERRERA Published Feb 6, 2024 As the imbalance between supply and demand has driven a 36% increase in fiber prices from June to November, the European Linen …

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Texworld Evolution changes its name and launches its sustainable signage range

by David Johnson
Texworld Evolution changes its name and launches its sustainable signage range

Messe Frankfurt’s Texworld Evolution event, held in Paris and New York, is to become Texworld Apparel Sourcing. The name change reflects the growing importance of Apparel Sourcing’s range of finished …

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Estée Lauder CEO ‘not going anywhere’ despite 40% drop in shares

by David Johnson
Estée Lauder CEO ‘not going anywhere’ despite 40% drop in shares

By Bloomberg Published Feb 6, 2024 The CEO of Estée Lauder Cos. defended his tenure at the helm of the beauty company and said his turnaround plan is already on …

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Turkish bookseller takes on French giant

by Lionel Rogers
Turkish bookseller takes on French giant

By AFP Published Feb 6, 2024 It’s a case of Hermes vs Hermes. The global luxury goods giant based in Paris, is suing the other, a cosy bookseller tucked away …

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Sephora rolls out new brand signature and campaign globally

by Lionel Rogers
Sephora rolls out new brand signature and campaign globally

LVMH’s global prestige beauty giant Sephora announced this week that it’s adopting a single brand signature for all its 35 markets for the very first time. Sephora The new brand …

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IKKS Group considers cutting 202 jobs, closing 77 stores in France

by Lionel Rogers
IKKS Group considers cutting 202 jobs, closing 77 stores in France

Translated by Nicola Mira Published Feb 6, 2024 French fashion group IKKS, owner of the IKKS, One Step and I.code brands, is planning to downsize, owing to a market situation …

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Coty announces new beauty license with Marni

by David Johnson
Coty announces new beauty license with Marni

Beauty giant Coty has announced a new licensing agreement to develop, produce, and distribute a line of fragrances and beauty products “beyond 2040” for Marni. The first products should launch …

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Tom Ford eyewear hits “milestone” as it enters Tmall Luxury Pavilion

by Lionel Rogers
Tom Ford eyewear hits “milestone” as it enters Tmall Luxury Pavilion

Tom Ford Eyewear, the brand for which Marcolin holds the license, has opened a flagship store on the Tmall Luxury Pavilion in China.  Tom Ford Eyewear/Marcolin The new space features …

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Zac Posen joins Gap Inc. as EVP, creative director, and chief creative officer of Old Navy

by Lionel Rogers
Zac Posen joins Gap Inc. as EVP, creative director, and chief creative officer of Old Navy

American fashion designer Zac Posen was appointed on Monday to the role of executive vice president, creative director of Gap Inc. and chief creative officer of Old Navy. Zac Posen …

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After Converse, Bottega Veneta set to open at Americana at Brand

by David Johnson
After Converse, Bottega Veneta set to open at Americana at Brand

The Americana at Brand shopping center in Glendale, part of the Caruso Group’s portfolio which includes The Grove, Palisades Village and The Commons at Calabasas, continues its luxury transformation, welcoming …

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