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luxury

Gildan investor pulls meeting request but boardroom scrap rages on

by David Johnson
Gildan investor pulls meeting request but boardroom scrap rages on

By Bloomberg Published Feb 1, 2024 A top shareholder of Gildan Activewear Inc. withdrew its request for a special shareholder meeting, but will still press ahead with its campaign to …

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Zegna Group accelerates in Q4 and closes 2023 on 27.6% growth

by David Johnson
Zegna Group accelerates in Q4 and closes 2023 on 27.6% growth

Ermenegildo Zegna Group is ending the year on a high. The Italian group specialising in very high-end menswear, which is listed on the New York Stock Exchange, is forecasting sales …

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Gen Z Is splurging on luxury goods to soothe their economic despair

by David Johnson
Gen Z Is splurging on luxury goods to soothe their economic despair

By Bloomberg Published Jan 31, 2024 What really matters anyway? That’s what Nia Holland, 24, thought after spending $2,500 on a vintage Chanel bag, draining her savings. Earning little money …

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Véronique Gautier steps down as global president

by Lionel Rogers
Véronique Gautier steps down as global president

Translated by Nicola Mira Published Jan 31, 2024 Véronique Gautier, global president of Armani Beauty since 2010, has announced she is stepping down from the role and leaving the L’Oréal …

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Bottega Veneta enters the “Salon de Milan” with its new boutique concept

by David Johnson
Bottega Veneta enters the “Salon de Milan” with its new boutique concept

Translated by Cassidy STEPHENS Published Jan 31, 2024 Bottega Veneta has inaugurated its first store in the “Salon of Milan”, the historic Vittorio Emanuele II shopping centre, which links the …

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Fanatics Commerce names new international president, chief product officer

by Lionel Rogers
Fanatics Commerce names new international president, chief product officer

Fanatics Commerce, the designer, manufacturer, and seller of fan gear, has appointed digital specialist Stephen Dowling to the newly created role of President of International. He becomes one of three new appointments …

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New H&M boss Daniel Ervér faces pricing dilemma in fight to win back customers

by David Johnson
New H&M boss Daniel Ervér faces pricing dilemma in fight to win back customers

By Reuters API Published Jan 31, 2024 The new boss of H&M faces a thorny dilemma: increase prices and lose more ground to budget online fast-fashion rival Shein, or cut …

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The Lycra Company accelerates on recycled, bio-sourced fibres

by Lionel Rogers
The Lycra Company accelerates on recycled, bio-sourced fibres

Translated by Nicola Mira Published Jan 31, 2024 The Lycra Company is going through a sea change. After recently appointing a new CEO, following its exit from the Shandong Ruyi …

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Body Shop to sell parts of its Europe, Asia business, UK unaffected

by Lionel Rogers
Body Shop to sell parts of its Europe, Asia business, UK unaffected

The Body Shop owner Aurelius is to sell parts of the British ethical beauty retailer’s ops in Europe and Asia.  DR Aurelius, the Germany-based private equity firm that bought The …

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Farfetch links with major and local names on Modest Fashion Capsule Collection

by Lionel Rogers
Farfetch links with major and local names on Modest Fashion Capsule Collection

Luxury fashion e-tail giant Farfetch has unveiled its modest fashion offer and campaign, showcasing capsule collections from over 30 regional and international designers that are available exclusively on the site.  …

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