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luxury

Adidas sees smaller 2023 loss thanks to Yeezy sales

by Lionel Rogers
Adidas sees smaller 2023 loss thanks to Yeezy sales

By Reuters Published Jul 24, 2023 Unexpectedly strong sales of Yeezy shoes left over from Adidas’ abandoned collaboration with rapper Ye should reduce the sportswear giant’s expected operating loss this …

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LVMH to sponsor Paris Olympics in a first for luxury group

by Lionel Rogers
LVMH to sponsor Paris Olympics in a first for luxury group

By Bloomberg Published Jul 25, 2023 LVMH agreed to become a premium sponsor of the 2024 Summer Olympics in Paris in the first deal of its kind for the luxury …

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A successful July edition for Munich Fabric Start

by Lionel Rogers
A successful July edition for Munich Fabric Start

Translated by Cassidy STEPHENS Published Jul 24, 2023 Munich Fabric Start is happy with the positive outcome of its July edition. After three days, the 52nd edition of the Munich …

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Diesel opens stores in Miami, Mykonos

by Lionel Rogers
Diesel opens stores in Miami, Mykonos

Translated by Nicola Mira Published Jul 24, 2023 Diesel has opened new, permanent stores in two prime international destinations like Miami, Florida, and the Greek island of Mykonos, both stores …

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Adidas receives orders worth €508 million for unsold Yeezy trainers

by Lionel Rogers
Adidas receives orders worth €508 million for unsold Yeezy trainers

By Reuters Published Jul 24, 2023 Adidas got orders worth more than 508 million euros (about $565 million) for 4 million pairs of unsold Yeezy shoes, better than the company’s …

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Media impact of Paris menswear, Haute Couture weeks skyrockets

by David Johnson
Media impact of Paris menswear, Haute Couture weeks skyrockets

Translated by Nicola Mira Published Jul 24, 2023 The Paris womenswear week is no longer the only fashion event that lights up the French capital. Besides Paris’s leading fashion extravaganza, …

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Saudi sovereign wealth fund was part of Selfridges takeover

by Lionel Rogers
Saudi sovereign wealth fund was part of Selfridges takeover

It has been revealed that Saudi Arabia’s £500 billion Public Investment Fund (PIF) was a backer of the £4 billion takeover of Selfridges a year ago. The Kingdom’s sovereign wealth …

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Boss names Fernando Alonso brand ambassador with sports clearly key for label

by Lionel Rogers
Boss names Fernando Alonso brand ambassador with sports clearly key for label

Hugo Boss’s reborn and fast-growing Boss label has announced a long-term partnership with two-time Formula 1 World Champion Fernando Alonso.  Boss The collab will see the brand dressing Alonso at …

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Sweden’s H&M launches Disney collection with artist Trevor Andrew

by Lionel Rogers
Sweden’s H&M launches Disney collection with artist Trevor Andrew

By Fibre2Fashion Published Jul 24, 2023 Trevor Andrew, former world-renowned professional snowboarder turned multi-disciplinary artist, has joined forces with Swedish retailer H&M to release the Disney100 x H&M collection. He …

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Harvey Nichols boss says France wins in race for global shoppers, also lures shoppers from UK

by Lionel Rogers
Harvey Nichols boss says France wins in race for global shoppers, also lures shoppers from UK

The boss of Harvey Nichols is the latest luxury retail executive to weigh in on the VAT-free shopping issue in the UK. But rather than just pleading for its return, …

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